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Sheldon Liber Return Risk +1.96% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed GE 02/23/09 -24.82% 03/05/09 C 02/23/09 -36.28% 03/10/09 GM 02/23/09 n/a -- AIG 02/23/09 +7044.58% -- Via BloggingStocks:   Filed under: Rants and raves, General Electric (GE), Market matters, Options, Chasing Value, Stocks to Buy, Recession There are people in the investing world right now that are so down on the market that they are hedging against an absolute market collapse. As an example of this view I just sold naked puts in General Electric (NYSE: GE), the only original Dow Jones Industrial Average stock for January 2011 at a strike price of $2.50, and collected $0.52, per share. My break even therefore is $1.98, not counting the interest over what is almost a three-year term. Or looking at it another way, I got paid 20% on my money. Continue reading Chasing Value: Will we be eating out of trash cans? Chasing Value: Will we be eating out of trash cans? originally appeared on BloggingStocks on Mon, 23 Feb 2009 13:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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