Now we’re talking

Hello Stock Fans,

My apologies that I didn’t post the past 2 weekends, I’ve had family here in town and it’s been a blast….

My plan was to post last night but just couldn’t get to it as we went down to Sedalia Missouri for the State Fair. I love going to fairs, carnivals, I can tell you every fair in every county here within a 50 mile radius, no joke.

So getting back to our $SPY Long Call trade. Wow, On Friday it was up 41% at the close, today it dipped down to 32% after the open but closed up at over 45% That’s not bad shooting in comparison to only buying the stock you would currently only be up 4.4% That’s all…..

My objective as I shared when we started this was to illustrate that investors have options ( no pun intended ) for safe, low risk, high percentage gains without having to baby sit positions. Yes you still have to manage positions, that never goes out of style, but you can profit without babysitting. And you can profit greatly when done properly.

Please remember, we are talking abut the $SPY here, the biggest and broadest index of the big boys, not a high flyer, a slow “Steady Eddy” that has been a friend to prudent investors for years.

As I’ve stated before, I will close this position if the market takes any kind of a nose dive, but for now, we will hold the 45% and keep on keeping on……

Invest wisely live charitably and be well

Brother Bill

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