Quote:
Originally Posted by scho63
I've had a lot of **** ups in the options market but today I finally settled for tripling my money with AMZN call options that I bought yesterday and sold today as it closed in on it's high. I usually get greedy and not only lose all my profit but my original investment.
Had 25 of the $182.50 calls that expire this Friday with a cost basis of $76.63 (.76) and sold for $247 (2.47)
Tomorrow there could be a big move after the jobs report at 8:30am Eastern time.
Looking at the QQQ options.
Bought some more BDN REIT for dividends. Over 15% yield. Dividend was recently cut so I think it's safe for the short term.
|
Good on you. I was going to sell come covered puts awhile back, but I just put the cash in the market.
I've had 50 or so shares of BDN for awhile. I had to shut the DRIP off because the price keeps getting whipped like a rented mule. That's why the dividend yield is so high. Might be a good time to get in... I mean the price can't (shouldn't) go negative.
EDIT: Hogfarmer's MAIN stock for dividends has performed really well for me. Some of it may have been the bounceback after the banking scare, but it was a really good performer for me.