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DiviMo
P&P Score: 4.54   Points: -40.46   Accuracy: 59.17%   Average Pick Score: -0.45   Annual Return: -11.12% (-11.30% since 5/20/11)  

DiviMo's Blog : McDonald's (MCD) action today

Date August 26, 2011    Comments Comments (8)    Rate this post Recommend This Post (916)   
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fyi...


We went with a covered call on big mac today. Wrote the SEP17 92.50 for some premium pocket change.


......Continuing our winning ongoing  strategy of covered calls and naked (cash-secured) put witing on dividend stocks.


 

Tags : MCD  

8 Comment(s):

Author JaiH     Date August 26, 2011 13:11 Abuse this post Report Abuse
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I sold a covered call on GLD to generate some income.
Author JaiH     Date August 26, 2011 18:15 Abuse this post Report Abuse
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GLD made a big move today, now I am in trouble and may get assigned. Will use your rollover trick to avoid assignment. Don't know how to do Rollover with my platform, will call broker.
Author JaiH     Date August 29, 2011 19:42 Abuse this post Report Abuse
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GLD went down today, the strike for covered call is far off, no worries about getting assigned.
Author JaiH     Date August 30, 2011 18:23 Abuse this post Report Abuse
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I changed my mind, don't want to sell my GLD anytime soon, so I covered my covered call.
Author JaiH     Date August 31, 2011 11:22 Abuse this post Report Abuse
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Sold GLD OCT calls (covered callos) with a high strike price, so I don't get nervous when the price jumps up and down.
Author JoeJustJoe     Date August 31, 2011 11:33 Abuse this post Report Abuse
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Pffft, how many pairs ov unnerwear did joo go thru in the past 5 trading daze? :-) How's yer Earlpig stock chort doin? Oiy veeeeey :-) 3J
Author JaiH     Date August 31, 2011 11:44 Abuse this post Report Abuse
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All putski down today, energy and gold both. They are my plunge protection team.
Author DiviMo     Date August 31, 2011 16:41 Abuse this post Report Abuse
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sweet
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