I started a thread showing real life put plays I have made in real life and mentioned here. I am carrying over that link to here.
I honestly do try to be helpful by giving what I think are money making suggestions. While I don't mind people ignoring my politics, I truly hope some are considering my suggestions. I will continue to post suggestions if there is real interest.
Accordingly if people do want me to continue please REC this thread. If there is no interest then I will stop.
Here are 3 new trades I made today:
1) Sold 20 June 2014 $9 puts in FIG for $1.30. It is a stock I owned for awhile ago having bought at $4. I recently sold it for $8.35. I always hated their K1s since they always sent them to me after April 15. I wouldn't mind actually being put into the stock since it would be less than what I sold them for ($7.70 after subtracting the premium).
2) Sold 20 January 2016 $17 puts in ACAS for $4.20. I have put positions in 2014 and 2015 at $15 strike. I like this stock because they are committed to buying shares back when stock is under NAV which it is about $19.
3) Sold 20 January 2016 $7 puts in MTL for $4.30. This stock is risky because it violates a rule I have about selling puts in debt heavy companies. However they are selling assets off to bring debt down and it is too important a company for Russia to see go under. Should you get put the stock your basis would be only $2.70. It actually can make you good money with lower costs.
Next comment is an investing strategy for young long term investors.