Covered call s stock trading Ideas for 5/11/09

Friends I am back to trading. I will be posting regularly

On 3/18/09 I had recommended HDB,IBN, PETD,HAL,SMH and USD.
You can see for your self, some of of these have gone up 80%. Market has gone up about 30%. I have done better.
STOCK 3/18/09 price ======== 5/8/09 =============
PETD 11.50 ==============20.55
IBN 13.00 ==============22.50
HAL 17.00 ============== 21.00
HDB 52 ============== 80
SMH and USD have shown about 10%.

3/18/09: covered calls and ETF and stock trade ideas

I have done the following some time back. I add very small portions at a time.
Dollar cost average. This way you do not get wiped out, alos you can regulate the buying intervals.

(1) Bought MRVL stock. sell Jan 2010 $10 calls, collect $1.70 . This gives protection to $7.20. Upside profit is more than 20%.
(2) Indian Banking is not as bad as US. There are two Indian banks I like
- HDB, IBN ( little risky but good returns).
(3) I like OIL: PETD, HAL are good ones. I see excess of 25% profit by the year end.
(4) I keep adding to SMH and some to USD.

low tax place to live?

Which state has the lowest tax? It can be broken up into income tax, property tax, sale tax and auto tax. These are top 10 cities. Kiplinger had survey for the 2007-2008. This includes state and local tax burdens for the largest city in each state, plus D.C.

1/6/09: covered calls, stock trade ideas.

Despite all the bad news we see, market is not tanking and in fact it is going up slowly. No doubt market will correct now and then. But overall we are heading higher. Asian govt's too pumping money in to market. indian index are up 23+% from the lows. Locally, I like CYBS. In the past I have made money on this. This stock is up 100% from its low's in OCT/NOV.

Covered call options on this stock is best strategy. You can lock in some gains with protection to down slide.

1/3/09: Stocks, covered calls trade ideas

Hello friends. New year we started with a big bang. I like the market conditions. Year 2009 will see about 30% from this levels. We will have ups and downs on the way. Following sectors interests me.
Do your own home work
(1) infrastructure development
(2) OIL
(3) Bio tech

Yesterday I sold VPHM May 2009 $15 covered calls. Collected $2 premium. I.e is about 2K.
As I mentioned in earlier posts, I had bought halliburton 2010 leaps. So far 10%+ up.

12/22/08: Start adding OIL leaps for 2010 or 2011

I prefer 2011 leaps. This is the best short time dip. correct price for oil is about $80. So we are almost 55% below premium. I like PETD, HAL

Slowly I am back in to market

I have added leaps 2011 and 2010. Oil, tech 2010 and 2011 leaps are very good. If you are not comfortable just owning you can do spread and collect limited profits.

is this the buying opportunity of life time?

As the economy slows, the credit crunch tightens the money supply, and boomers retire, there will be less money available for investing. This is a cyclical crash that occurs once in a generation. Once the crisis occurs, a whole generation becomes risk-averse and much more careful with money.

Lets get back to market slowly - 10-15-08

Friends, it has been 3 months since I posted. I just wanted not to do any thing during bad times. Going forward for next two years we will not be in good shape. Only trading is very short time trading. I have started to add leaps of 2010 and 2011. I will post them this evening.
I have bought MRVL leaps, I will add SNDK leaps today. OIL is in best place to add.

Syndicate content