The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.
Wednesday, January 18, 2012
Option Update
At this point now 8 of the 20 buy list stocks on the option trade are above the strike price.
(ORCL,LUK,KO,ITW,GE,BBBY,AFL,BDX.)
Not only will we lose the gain above the strike, but the covered calls are now worth more.
