JoKingMe’s Activity

Fri Apr 24

NL

Boards Post

JoKingMe replied to the General Electric Company board. 4:44 PM

Re: GE Covered Calls

GE met my criteria for selling a covered call.

I recently sold Jan16 $32's for $.26. This is essential 1 extra dividend. Still lots of upside.

Annualized return if called: 25.2%
Annualized income if not called: [more]

Wed Apr 22

NL

Boards Post

JoKingMe replied to the Options - You Make the Call board. 8:26 AM

Re: First time for everything...

ROIC: No ex-dividend, no spike at the end of the day, but the stock did rally from $17.30 to 17.50 before closing at 17.44 on Friday.

Stock closed $.06 below my strike. Go figure.

I had an order in to close the position earlier in [more]

Mon Apr 20

NL

Boards Post

JoKingMe posted to the Options - You Make the Call board. 4:03 PM

First time for everything...

I had a covered call assigned over the weekend where the stock closed below the strike on Friday. Granted it was only $.06 below the strike, but it still doesn't make much sense (or is it cents) to me.

Sun Apr 19

Fri Apr 10

Fri Apr 3

NL

Boards Post

JoKingMe replied to the Berkshire Hathaway board. 4:32 PM

Re: Ingored holdings: WMT

I suppose I have.

Purchases in 2006, 2007 and 2011. Average purchase price of $48.24 with weighted average CAGR of 8.1%.

WMT is my second largest position.

John
Long WMT with covered calls on some shares.

Wed Apr 1

NL

Boards Post

JoKingMe posted to the Real Estate Inv. Trusts: REITs board. 10:55 AM

Equity Commonwealth to redeem notes...

http://ir.eqcre.com/file.aspx?IID=102958&FID=28680486


Equity Commonwealth Announces Redemption of 5.75% Senior Notes Due 2015


Company Release - [more]

Fri Mar 20

NL

Boards Post

JoKingMe replied to the Retire Early CampFIRE board. 6:23 PM

Re: ISIS Claims Responsibility In Yemen

Funny, I thought Obama was responsible for Yemen.

Wed Feb 25

NL

Boards Post

JoKingMe replied to the General Electric Company board. 4:47 PM

Re: GE Covered Calls

I'm not a fan of selling covered calls on any stock until:
The stock price is above both the 50 DMA and 200 DMA. I prefer at least 5% above these.
The 50 DMA is above the 200 DMA.
Both the 50 DMA and 200 DMA are [more]

NL

Boards Post

JoKingMe replied to the Real Estate Inv. Trusts: REITs board. 9:47 AM

Re: HCN issuing more shares. Again....

My road with HCN has been a bit more "exciting".

I lost all my shares to CC assignment in May 2013 when it ran into the mid 70's.
[more]

Mon Feb 23

NL

Boards Post

JoKingMe posted to the Real Estate Inv. Trusts: REITs board. 5:45 PM

HCN issuing more shares. Again....

TOLEDO, Ohio--(BUSINESS WIRE)--Feb. 23, 2015-- Health Care REIT, Inc. (NYSE:HCN) announced today that it intends to offer, subject to market and other conditions, 17,000,000 shares of its common stock. HCN intends to grant the underwriters a 30-day [more]

Fri Feb 20

NL

Boards Post

JoKingMe posted to the Retire Early CampFIRE board. 8:25 AM

Now for the obvious conclusion...

<President Obama has unveiled the summit's bumper sticker: "Religions Don't Kill People. People Killed People." >

Since Obama has declared the proceeding quote then it has to be absolutely 100% [more]

Mon Feb 16

NL

Boards Post

JoKingMe polled the Real Estate Inv. Trusts: REITs board. 7:20 PM

Poll: Yield Difference for new Preferred..

One of the issues with preferred ownership is the potential for redemption. I own several that are trading over par and some have some pretty small YTFC's. I have been a net seller of preferreds so far this year.
__________
What yield [more]

NL

Boards Post

JoKingMe posted to the Retire Early CampFIRE board. 3:30 PM

Another oil pileline accident...

http://www.wrbl.com/story/28120509/west-virginia-train-derai...


West Virginia train derailment sends oil tanker into river
[more]

NL

Boards Post

JoKingMe replied to the Real Estate Inv. Trusts: REITs board. 8:07 AM

Re: REIT Pfds: Catch-22?

I'm wondering if we can play the "redemption lottery" with preferreds?


Take DLR for instance.
7% E's 9/15/2016 at $26.55 6.59% YTFC 3.34%
6.626% F 4/5/2017 at $26.18 6.21% YTFC 4.3%
5.875% G 4/9/2018 at $24.55 [more]

Sun Feb 15

NL

Boards Post

JoKingMe replied to the The Grand Adventure board. 1:06 PM

Re: Replace bonds with dividend stocks

<Even if, over just the next 10 years, 10 year treasuries go to 4%, that would indicate that the value of the bonds you bought today would decline by 55%.

1.8% interest over 10 years is hardly going to make up for that kind of principle [more]

NL

Boards Post

JoKingMe replied to the The Grand Adventure board. 1:04 PM

Re: Replace bonds with dividend stocks

<When the fed finally raises interest rates this year, it could very well pop the bond bubble and anyone holding bonds will take a beating as the value of their holdings will collapse. >

Since when is there a correlation between the [more]

Thu Feb 12

NL

Boards Post

JoKingMe replied to the Macro Economic Trends and Risks board. 8:55 AM

Re: 2017 call

I'll look at the overall return profile for the option.

Annualized Return if Called: 11% (low)
Annualized income if not called: 3.1% (likely dividend increase to will raise this number)
Callaway CAGR: 7.8% (low)

I prefer [more]

Tue Feb 3

NL

Boards Post

JoKingMe replied to the Libertarian Fools board. 5:00 PM

Re: Is Libertarianism Dead?

I disagree. I think that the Republicans will be completely incompetent at executing a strategy that will get them in control of both houses and the presidency in 2016.

Most of the right-wing nut jobs would rather get 100% of what they want [more]

Mon Jan 26

NL

Boards Post

JoKingMe polled the Real Estate Inv. Trusts: REITs board. 4:19 PM

Poll: Yield to First Call Selling Point

I sold another REIT preferred that I thought was very stretched in value.
TCO-J with first call of 8/14/2017 is trading over $26.60. The YTFC is now under 4%!!

Granted it still yields 6.1% but at what point do you look ahead to the [more]

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Score -50.38
Score Change Today -3.37
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Boards Stats & Trivia

Big red star, 1000 posts Old School Fool
Board Posts 1494
Recs Received 2440
People who have rec'd these posts 596
Recs to Posts Ratio (last 30 days) N/A
Threads Started 587
Threads Started Percentage 39.29 %
Most Frequent Board Real Estate Inv. Trusts: REITs
Very First Post Re: Russell 3000 Index (6/14/1999)
Percentage of Posts Rec'd 50.87 %
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