Saturday, December 31, 2016

Snapchat IPO

Download the app to figure out why this is a highly anticipated IPO. Frequent ad placements between a few seconds of time and snaps. More posts due to their limited time span.

LVS Covered Put, GOOGL Covered Put

Sold a Las Vegas Sands covered put at 53.50 at 0.75 and sold out at 0.25 in the next week for a 66% return. Sold a Google Put for January 27 at 757.50 for $9.70. Stock went down up to 10 points the next day to $792, the price of the put has gone up to $12.33. Should lose value as it gets closer to expiration.

Friday, December 30, 2016

Ncv high yield bond fund

http://us.allianzgi.com/Products/pages/12.aspx Assets for NCV, a convertible bond fund yielding over  10%.

Wednesday, December 28, 2016

GOOGL January 27 2016 puts

Google puts at 767.50 are selling at $10 per share currently and the stock is trading at $809.93. Fourth quarter earnings will be announced on 1/26/17.

Wednesday, December 14, 2016

Las Vegas Sands Covered Put

Las Vegas Sands (LVS) dropped precipitously last week on news the Chinese government would limit cash withdrawals from ATMs in Macau to around $600. The stock dropped about eight points last week. Sold puts at $54. The stock has rebounded in a few days and was able to but to close the put positions. Returned around 80% in a few days.