How can I invest in coffee??

Just bought 100 shares of "JO". Did a quick covered call. At this time you can pick it up for $32.95...Then do a Dec 20 $33. for some really good money. JO has never dropped below $30 in the last five years. With China and Asia drinking more coffee...This looked like a safe play. Value income investor here...It is in my ROTH IRA.
 
@Cabin111, I like your pick, well done, thanks for posting this.

FYI, the December 2020 $33 covered call should pay you not less than $3.30 (giving you a $3 downside on the stock), thats 10% for 7 mths. And if the stock stays below $33 not less han $30 you'e in a good psoition
 
Just bought JO at $30.14 again today. Did a covered call again. Nothing in the market looks good. For ALL my stocks (about 40) are down...Which is OK. I've done a lot of covered calls that could be call away in Jan 21. JO is the only one that is currently up.

JO is not a LK or a HTZ for option players. But "if" you want a ETF to back test, JO may work for you.
 
You must log in or register to reply here.
Back
Top