The energy sector is getting beat up again, especially oil. The charts show a fairly strong support level for oil in the middle $40s which we have discussed before. While there might be a bit more downside if there is strange news out of the Middle East short-term, I think […]
Retirement Income Options
Retirement Income Options Options includes all stock recs from Sustainable Growth and Dividend Collector. What sets RIO apart is the option selling overlay – covered calls and cash-secured puts – that generates extra income and helps manage equity risk.
Option selling is a professional strategy that takes some getting used to, however, if you are a long-term investor with a contrarian streak who likes to add income to the bottom line, this is THE strategy worth learning.
Before making any options trades, read:
I am taking my first positions in Antero Resources (AR). The company is a pure play natural gas play in the Marcellus and Utica shales. It offers a very strong margin of safety and a chance to rise 50% or more in the next 2 to 4 years. Hello, your […]
The First Trust ISE-Revere Natural Gas ETF (FCG) is rising as a hurricane heads towards the U.S. While I am concerned of a further sell-off of about 10%, FCG is a position that we need to establish. We can move in that direction by selling cash-secured puts today for a fraction […]
The First Trust ISE-Revere Natural Gas ETF (FCG) is down today as options expire. While I am concerned of a further sell-off of about 10%, FCG is a position that we need to establish. We can move in that direction by selling cash-secured puts today for a fraction of a position. […]
I recommended initial purchases of First Solar and SunPower here: http://kirkspano.ebizontech.biz/investments/277-buy-sunpower-spwr-first-solar-fslr Today I am expanding one of those positions as the solar sector shows capitulation. For those with a position in SunPower or just looking for a good income with growth play, SunPower (SPWR) is showing capitulation today. It could fall […]
Per our talk in the forum, I am buying stock in Silver Spring Networks (SSNI) a play on the smart grid. I am also selling puts to defray my cost or pick up more shares on downward volatility. The company has already worked on some huge projects and is profitable. […]
I am currently listening to the Exact Sciences earnings call. The Anthem news is excellent. Revenue is going to be good. Kevin affirms test volume. Points out focus on controlling costs. Looks like company can be profitable by Q4 2016 or Q1 2017. I am buying the January 2018 $8 […]
I am closing the puts on the iShares Russell 2000 ETF – IWM. Ahead of Janet Yellen, I want to take profits on these puts we bought a month ago. With only a month left of duration, I will be looking to roll into new put positions on any significant […]
As we can see in my report “The Stealth Bear Market Crashes In” small cap stocks are doing the worst in this market environment. Therefore I am hedging my stock portfolios and using this as a swing trade. The position will be need to be risk managed and likely rolled […]
These trades are for the Retirement Income Options portfolio, each for approximately 2% of net asset value. These companies represent the risky components of that portfolio. If you are underweight these names in your equity portfolio, but already hold some, I believe you can add as well. In general the story […]