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TOPIC: Name a good stock, why it's good, and go on record quoting it's value in a year or so
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I would sell covered calls on your apple stock position I would do November 700, it would pay me $400 a contract, then when Apple does not make I would sell the December call and do it again. Or you could do a Bear credit spread and make and make with $25,000 and make about $3000 for a November call spread.
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New Castle DE |
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(7 post)
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OK, it's your turn to show how poor we all are at picking stocks. Go on record with a stock and what value it will have in the future. Maybe you pick one that will lose value. Just remember that if this topic lasts a year or so, we'll all be able to find out how well you did. Tell us how much you put into it and if that's a lot of money for you. I'll start. AAPL is at $630 or so today. It will be at least %15 higher ($730-$750 in six months. I'm saying $750 to $800 one year from today but I don't think any more than that. My IRA has "a lot" in it.
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Southington CT |
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(325 post)
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TOPIC: Name a good stock, why it's good, and go on record quoting it's value in a year or so
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