Monday, October 19, 2009

Some more longs

Bought MCD @ 57.27
Bought WMT @ 50.2
Bought WM @ 29.78
Bought DUK @ 15.78
Bought BP @ 54.44
Bought CAG @ 21.11

All yielding ~3% or greater, all have a PE of less than 20.

All are off at least 20% from their 5 year high, and 20% off their 5 year low.

Averaging down on Verizon (VZ)

Bought some more verizon at $28.98, lowering my cost average to $29.70. Wrote some covered calls on it, too.

Getting more long oil

Covered my Exxon naked put for a 75% gain, bought BP Amoco (BP) outright at $54 and $56.

Mistersoftee looks pretty soft

I'm out at $26.22, a 9% loss (ex-dividends and option writing).

Tuesday, October 13, 2009

Out of Constellation Brands

Sold it at $16.7 for a 49% gain. Very nice indeed.

Thursday, October 8, 2009

I'm the proud owner of 200 JNJ

Assigned, as expected (and requested), on my Johnson&Johnson put options. I'm now the proud owner of 200 JNJ shares.

Cost basis is $61.30 net of option premiums collected.

Alcoa Top, Procter Toppy

Selling Alcoa (AA) at almost $15 for a 64% gain, and Procter & Gamble (PG) at $57.53 for a 14% gain.

I'll buy these back at lower levels.