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rjm77me
rjm77me vip
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : Covered call PlayJDSU

Date June 17, 2011    Comments Comments (7)    Rate this post Recommend This Post (59)   
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Buy JDSU at 15.51 and sell July 16 calls @ 71 centa


Potentially return of 1.20 or 1.00 with slippage or approx 6.5% in one month


Stop loss if stock dips to 15.05 net expected loss will be about 30 cents as the call sold will also decrease in value

Tags : JDSU   JCP  

7 Comment(s):

Author rjm77me     Date June 17, 2011 12:43 Abuse this post Report Abuse
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JCP will be another covered call play - will be buyer around 33.70 and sell july 35 call - positive sentiments provides call return
Author rjm77me     Date June 22, 2011 10:20 Abuse this post Report Abuse
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jdsu worked fine
jcp never touched my buy point
Author profit55     Date June 23, 2011 11:34 Abuse this post Report Abuse
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still working with market down
Author rjm77me     Date June 29, 2011 21:13 Abuse this post Report Abuse
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still holding for targeted gain
can be added as a new position by writing july 17 calls
Author InvestmentMAGE     Date August 22, 2011 13:09 Abuse this post Report Abuse
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Hey rjm,

Just for fun I was going to submit this as a blog. What do you think?

Thanks,

MAGE
Author InvestmentMAGE     Date August 22, 2011 13:09 Abuse this post Report Abuse
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In the way that another MAGE might read your palm, tea leaves, or Tarot cards, I read portfolios.
rjm77me:
Based on your last ten picks, let's see if I can tell you a little about yourself.
Then, if you are so inclined tell me on a scale of 1 to 10, One being poor and 10 being great, on how well I have read you based on your portfolio.

You are mostly shy and quiet, but when the mood strikes you, you can easily become the center of attention.
You are very dependable, serious and extraordinarily persevering. Your word is your bond. When attacked you will stand your ground.
You have a present focus. You tend to be spontaneous, and are sometime susceptible to temptation. Given a dinner, you are more likely to eat the things you like best first rather than leave them until later.
You prefer high returns, and are comfortable with a high level of risk.
Your overall portfolio style: Mid/Small Cap
You really like Energy and Healthcare, whereas you tend to shy away from industrials and technology.
You avoid hard assets and you really like Cyclical and Aggressive Growth.
Author rjm77me     Date August 22, 2011 15:16 Abuse this post Report Abuse
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Image
You are too kind,
Regards,
RJM
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