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Old 02-07-2009, 08:37 AM
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Quote:
Originally Posted by karazy View Post
woops!

then i'd go with option B :P
There was an option B? Oh is that the one where one of us actually wins?
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Old 02-07-2009, 12:42 PM
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we should start a lottery pool
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Old 02-09-2009, 03:39 AM
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I buy tickets, but not too often. And they can go months without me checking them. About 6 years ago, the couple in the house TWO DOORS DOWN from me, same style of house even, won $3.75 million. What are the odds that I'll ever win? LOL

They moved, of course But they are good people - everyone was really happy for them
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Old 02-09-2009, 03:42 AM
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Invest all of it, in what I'm already invested in....with a nice 20% yeild at the moment. Live off the div's.
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Old 02-09-2009, 01:36 PM
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One of my tickets was a winner, winner of a free ticket that is!
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Old 02-09-2009, 05:08 PM
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20% yield, wouldn't that be nice. Beats the -25% that seems to be more standard these days!!! I'll settle for a 2% yield nowadays! Heck, 0% would be better!! For crying out loud.
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Old 02-10-2009, 03:08 AM
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Keep workin at my same lame A$$ job.....























....Yeah right
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Old 02-10-2009, 01:55 PM
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Quote:
Originally Posted by Delphinus View Post
20% yield, wouldn't that be nice. Beats the -25% that seems to be more standard these days!!! I'll settle for a 2% yield nowadays! Heck, 0% would be better!! For crying out loud.
Here's an example:

Say you bought 100 shares of company ABC for $14. You could then write a covered call option, a month out, with a strike price of $15, and receive a premium of .70 per share.

A few things can happen.
At strike date:

You get assigned on or before, and make $1 per share, plus the .70/share option premium, 1.70, on $14, in a month. Annualized return: 145%

You don't get assigned, meaning you keep the premium and still own the shares. $.70 per share on $14 and still own the shares. Annualized return: 60%

Share price goes down to $12, you can buy back the option you wrote for $.10/share, you still own the stock, and have made $.60/share. Annualized return: 51%.

If it is a company you like then it should go up eventually.

Disclaimer: Options are not for the weak at heart. This is not a recommendation, just an example of what could happen.
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Last edited by Cameron; 02-10-2009 at 02:13 PM.
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