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RobMarketsBlind
P&P Score: 5.42   Points: -28.21   Accuracy: 54.17%   Average Pick Score: 0.14   Annual Return: 19.61% (8.65% since 12/16/11)  

RobMarketsBlind's Blog : RAI trade submitted today

Date February 9, 2012  Edited: February 9, 2012    Comments Comments (5)    Rate this post Recommend This Post (39)   
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RobtheMarketsBlind (RMTB) submitted a limited order to Write Puts on RAI today.


RAI is a tobacco company selling cigarettes in the USA.


RTMB is trying to get $50.00 per contract but will settle for $45.00. The trade is as follows:


Write PUTs on RAI MAR17 38 strike.


If exercised, the trade will provide an annualized 12.98% yield in 37 days.

Tags : RMTB  

5 Comment(s):

Author RobMarketsBlind     Date February 9, 2012 11:43  Edited: February 9, 2012 by RobMarketsBlind Abuse this post Report Abuse
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Couple of stocks to take notice. The finance banking BDC stock, FSC is up today even after a downgrade by a noted analyst in a mixed market. That shows some good RSI.
Also CINF. This insurance stock took a hit last year during the Japan disaster, it now is moving upwards on good and bad market days,,,in otherwards, in accumulation mode. Also pays a damn good dividend.
Author RobMarketsBlind     Date February 9, 2012 12:14 Abuse this post Report Abuse
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No need to pump BAC, it pumps itself..now accumulating up to 8 1/4.
Ah let's see, got in at 5.71 in early Jan, that gives..over 40% gain. yesireebob!
Author MightyMo     Date February 9, 2012 14:29 Abuse this post Report Abuse
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Hey Joe, AAPL, DAN, and many other winners have easily wiped out any issues with DNDN (which did a black swan collaspe after finding out the CEO had lied about the company). JJJ himself indicated that the SEC looked the other way.
Author JoeJustJoe     Date February 9, 2012 14:36 Abuse this post Report Abuse
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DAN? The POS collapsed almost immediately after you spewed! LOL I realize you can't read a chart...but fo everyone else....looka the 1 year chart. See that $19+ dollah high? Uh huh...that wuz OtherMo! LOL Doan make me >>> Dig up the dirt *-) Uhhhm, the one share ov crAAPL ya got left certainly isn't gonna make up for yer DNDN losses. Agin, doan make me dig up the dirt about whenst ya crapped out ov crAAPL. We'll jist werk with yer "most recent" spewage ann we'll see how it playz out. Relax! "silence" might be upon you as errrly as tamarrah...anudder Fri ya know :-) 3J
Author DiviMo     Date February 9, 2012 18:38 Abuse this post Report Abuse
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For the record, I got the 'write puts' at $45.00 premium today.
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