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S&P 500: 1,317.11 Change: -0.21%
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 : Current documented trade status..also JJJ's blundering wrong call

Date October 21, 2011  Edited: October 21, 2011    Comments Comments (18)    Rate this post Recommend This Post (70)   
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Today is Friday, Oct 21. Seven of our trade positions will expire today.  All of them for realized gain wins. All of our other public open positions are currently unrealized gain winners. I am currently considering providing an email address where I can provide you my 'Robbing the Market Blind' picks as they happen. All you have to do is email and say you want the free picks. I will do this free through the end of the year. My blogs will indicate those picks on a delayed basis but the email provided to you will document the picks as close as possible to the timeframe submitted. No 20-20 hindsight or after-the-fact pick selections. Fair enough?


 Since JJJ blogs about me on a weekly basis, I've had a little fun needling him on his blundering idiotic no-odds-in-his-favor call on KMP. A few days ago, with KMP in the 75 range, I decided to pick up some pocket change writing naked puts on KMP's OCT 70's which were paying $18.00 per contract. The stock has gone back to over 76 and the option will expire at the end of  the session today. I say this as JJJ told me I was going to lose as KMP will drop to 70 or less before end of session today.I bring this up as JJJ does this all the time. It's obvious he is not serious and likely is retired or unemployeed and is here for entertainment and fun purposes. I on the other hand, am very serious about my trades. Everyone listed here is a real life trade. The ones listed are currently all winners, realized or unrealized gains. As stated before, we'll have some losers along the way although it hasn't happen yet.


Our current Robbing the Market trades....



  • On Oct 18  (KMP) Wrote naked PUT OCT 70's @ $18 per contract premium. (documented pick on blog written Oct 18). EXPIRES TODAY - RESULT IS A WIN

  • On Oct 11  (MO)  Wrote covered call NOV 28 @ $68 per contract premium.(documented on blog written 10/11/2011).  

  • On OCT 11 (MSFT) Wrote covered CALL NOV 28 @ .43 per contract premium.(documented on blog written 10/11/2011) 

  • On OCT 11 (T) Wrote covered CALL NOV 30 @ .22 per contract premium..(documented on blog written 10/11/2011)

  • V(Visa) is currently at 91... sure winner...Oct 3 2011  (V) Sold xx Naked Puts 22OCT11 $70 @ .63  (see blog 10/05). EXPIRES TODAY - REALIZED WIN

  •  (WAG) Sep 28 2011 sold xx Naked Puts Jan2012 $25 @ .50.  (ref: see bearMo blog dated Sep 28.  WAG  should be fine with the Jan 25, another winner.Recent Action

  • T,  AT 29. 


Recent Action:  (T) Sep 19 2011 sold xx Naked Puts 22OCT11 $26 @ .30. EXPIRES TODAY. REALIZED WIN


 



  • T, position back in Aug, another winner


 


Recent Action: (T) Aug 31 2011 sold xx naked puts 22OCT11 $26 @ .45. EXPIRES TODAY, REALIZED WIN



  • MSFT , up today (oct 21) to 27. another winner


 


Recent Action: (MSFT) Sep 6 2011 Sold xx Naked Puts 22OCT11 $22 at .31. EXPIRES TODAY. ANOTHER REALIZED GAIN WIN



  • MSFT, near 27,, another easy winner


 


Recent Action: (MSFT) Sep 21 2011 Sold xx Naked Puts NOV $23 @ .46 (ref: see sept 21 divimo posting)



  • MRK, at 32.19..the 29's look solid, another win


 


Recent Action: (MRK) Sep 6 2011 Sold xx Naked Puts Oct $29 @ .50. MRK at 33 today, Oct 21. EXPIRES TODAY. ANOTHER REALIZED WIN


 



  • INTC, up  to 23, should be ok


 


Recent Action: (INTC) Sep 14 2011 Sold xx Naked Puts Nov $21 @ 1.4



  • INTC, the 16's , sure win


Recent Action: (INTC)  Sep 6 2011 Sold xx Naked Puts 22OCT11 $16 @ .20 . EXPIRES TODAY. ANOTHER REALIZED WIN



  • PG, love this stock, over 64, yet another winner


 


Recent Action: (PG) Sep 13 2011 Sold xx Naked Puts  Nov $60 @ 1.31 (see 10.5 posting)



  • KFT, up to 34.60, needs to drop over 2 points in two weeks to be a loser, not gonna happen, another winner


 


Recent Action: (KFT) Sep 6 2011 Sold xx Naked Puts Oct $32 @ .58. EXPIRES TODAY, ANOTHER REALIZED WIN


 

Tags : KMP   MO   MSFT   WAG   MRK   INTC   PG   KFT  

18 Comment(s):

Author JoeJustJoe     Date October 21, 2011 12:38 Abuse this post Report Abuse
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The funny thang is that you still do sssthink KMP has a chance at seeing $70 dollahs taday. Chorting it to sub $70 is the "correckt" play...to say it would fall from $75 to $70 in 2 dayz is "obviously" a calll that needs a market catlist. I'm still gonna try n git er dunn on this Fri...the closest one I have had to being 'the" Fri since I made that purrtickler call. I hates ta waste these Fri's ya know :-) 3J
Author DiviMo     Date October 21, 2011 12:44 Abuse this post Report Abuse
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JJJ, if that happens, I'm gonna call you the Black Swan personified! I see you're having fun in retirement.
Author JoeJustJoe     Date October 21, 2011 12:55 Abuse this post Report Abuse
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Luv my job...it ainn even a job really. Click a few buttons...pick up the phone once in awhilst. Usually I jist gotta say >>> "Send the check!" :-) 3J
Author profit55     Date October 21, 2011 13:42 Abuse this post Report Abuse
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3J picks the phone to send a check to broker to cover the margin call
Great Job 3J
Author profit55     Date October 21, 2011 13:46  Edited: October 21, 2011 by profit55 Abuse this post Report Abuse
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HERE IS WHY 3J HAD TO SEND CHECK
Average loss of 45% in 7 days - broker will wipe you out with margin call

10/14/2011 TZA BUY Week to a Month $61.29 $36.24
(-5.43%) - -40.87% +12.52% -53.39 view
10/14/2011 DTO BUY Week to a Month $77.75 $56.94
(-6.46%) - -26.77% +12.52% -39.29 view
10/14/2011 SMN BUY Week to a Month $30.18 $21.35
(-4.81%) - -29.26% +12.52% -41.78 view
10/12/2011 DRV BUY Week to a Month $16.71 $10.61
(-9.47%) - -36.51% +12.52% -49.03
Author JoeJustJoe     Date October 21, 2011 13:47 Abuse this post Report Abuse
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Thanks, Proove-it55...I realize yer "probly" ssthinkin I couldn have gained over 100 points in my open VRUS trade without ya. Of course you are wrong...as usual. I figgerd I would jist use the fackt that you went long at 81.60 as an oppurtunity to take VRUS ann you down at the same time is all. Doan fergit...."if" ya beg me ta make it stop I "might" accomadate ya...but I SIRIously doubt it :-) 3J
Author profit55     Date October 21, 2011 13:49 Abuse this post Report Abuse
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3J MUST BE DOPPED WHEN HE ASSUMES I WENT LONG ON VRUS
WHAT ELSE IS NEW
Author JoeJustJoe     Date October 21, 2011 14:01 Abuse this post Report Abuse
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Well, my trades will certainly be easier to werk out than yer VRUS long. You have "zero" chance ov getting even on that trade oh no *-) Ms Sim will either give me "correct" entries based on closing prices on the day I enterd those trades...OR, I will git the points back along with the 200+ points I am already owed using methods you yerself are mo accustomed to thur, Proove-it55. It doan matter ta me no way no how. Ainn nuphin but a thaaang. It certainly doan change the fackt that I am #1 at this site :-) 3J
Author DiviMo     Date October 21, 2011 16:24  Edited: October 21, 2011 by DiviMo Abuse this post Report Abuse
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KMP ends week at 76.65. JJJ loses bet that stock would drop to 70 or less. MO wins 100% of premium. Nice pocket change for 3 days exposure...that along with our other 6 winners expiring today. HOOK craft brew gonna taste 'mightymo' good tonight!
Author JoeJustJoe     Date October 23, 2011 15:15 Abuse this post Report Abuse
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Just fer chits n giggles I will go ahed ann quantify my KMP call by taking 5 KMP Nov $70 dollah putskis which closed at 1.05 on Fri. KMP "should" open higher as the genrul market will open higher tamarrah. The call you made generated "piddly" gains unless you were dumm enuff to bet bigly. KMP coulda jist as easily have fallen outta bed ifn the Moneyrunners weren't so hellbent on eliminating all put playas going into opshun expiry. Les see wherst my Nov putskis end up. I will hold em till expiry or until my targut gits kanailed...which ov course is gar-own-teed based on the fackt that you are bullish on this pig at the eggzackt wrong time agin. Ifn ya want to continue to pump McDoog's I will go head ta head witch on thatn too :-) 3J
Author DiviMo     Date October 23, 2011 21:41  Edited: October 23, 2011 by DiviMo Abuse this post Report Abuse
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Well, JJJ, well one can always win but from my vantage point, u are under the 8-ball to win. KMP has support, in the last plus year, at the 66-67 range. ..which is close to the 70 strike mark. For you to win, KMP has to go lower than 70 by the expiry date due to the built-in premium. If KMP closes at 70 at expiry, you might reap about $50. However you are in for about $525 coins buying 5 puts at $1.05. Even if the stock drops to support - 66-67 at expry yu'll reap only about $350 coins. Your hope is that KMP drops quickly - next two weeks down to lower range for you to win. While my winning bet was a sclap or a rob , your bet is well.... a low-odd bet...you are not giving yourself much of a chance - basically rolling the dice with 'hope' that the KMP buyout is not approved quickly. Anyhow we'll see. Your best bet on this ...is that the bear roars back and brings the market down and everything including KMP with it.
Author JoeJustJoe     Date October 24, 2011 09:20 Abuse this post Report Abuse
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The point is you still have zero idea about the status ov the market at any given time...nor do you unnerstand how to figger out which stocks are in fackt >>> "looking over the ledge"...Yes, we'll see wherst these KMP Nov $70's end up....so that everybudy kin see (once agin) jist hooow completely clueless you is :-) 3J
Author JoeJustJoe     Date October 24, 2011 09:21 Abuse this post Report Abuse
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The point is you still have zero idea about the status ov the market at any given time...nor do you unnerstand how to figger out which stocks are in fackt >>> "looking over the ledge"...Yes, we'll see wherst these KMP Nov $70's end up....so that everybudy kin see (once agin) jist hooow completely clueless you is :-) 3J
Author JoeJustJoe     Date October 24, 2011 17:27 Abuse this post Report Abuse
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Congrats! NFLX at $85 dollahs AH moves into the numba 3 slot ov werstest calls EVER made at this site...right behind DNDN n STEC. I imagine this makes you proud? ??? :o 3J
Author DiviMo     Date October 24, 2011 20:56  Edited: October 24, 2011 by DiviMo Abuse this post Report Abuse
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another JJJ jest. as everyone knows, I got out of NFLX with a profit.
Howvever in the here and now, JJJ's ego has forced him into a high probability loss with KMP. KMP up to 77 as JJJ's 5 puts at 70 continues to look like another JJJ lost.
Author DiviMo     Date October 24, 2011 21:05 Abuse this post Report Abuse
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I sold NFLX (see pp pick history) before the fall. I think even one of your 2nd tier trolls even made note of it.
Author JoeJustJoe     Date October 25, 2011 11:15 Abuse this post Report Abuse
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BTW, I also put EP upon me list...the company KMP oraferd to buy out fer $26+ dollahs. Chances are better than GOOG the deal falls apart whenst (not if) KMP is trading in the low $60's next week sometime....ann I'm wreckin it'll only git werser fer KMP from thur. How dare they waste shareholders $$$ paying $26 dollahs for a future bankrupt stock? I woan be able to say I was the one who "solely" made KMP collapse...in fackt, I didn even follow the stock until you mentioned it. And of course you only mentioned it cuz o'the buyout. But thaaas cuz you are a troo Lemming :-) 3J
Author DiviMo     Date October 25, 2011 23:22  Edited: October 25, 2011 by DiviMo Abuse this post Report Abuse
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aaahh...the legendary and almighty MightyMo edges up towards the JJJ pp score in this bearmarket. 99.85 to 99.59. whereas the JJJ score is high in bear markets ONLY, the mythical MightyMo (as one has called him) is a top leadership page performer in both bull and bear markets. When the myth becomes fact, believe the fact.
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