Lions. As you know I bought and now own JPM stock, collecting the dividend, and I am selling puts against it.
I plan on doing this kind of thing all year with JPM. If market conditions change I will sell calls.
With regard to the market, I believe there is the possibility of a PE ratio expansion cycle moving forward.
I am super curious to see if the debt market stabilizes and the dollar weakens- as you know, there exists a compensatory mechanism between the dollar and the benchmark 10yr.
We also need to factor crude oil into the equation.
I believe this is a winning strategy.
GM
Dude what is going on with BABA!? What should we do here! Its down so much since you said to get.
Greg let’s sell some puts. I did listen and sold some puts on JP Morgan as you suggested and I am in 48% profit now. It’s amazing. It’s my first time selling puts and already loving it.