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Personal Finance and Investing

(3,595 posts)

5. Buy 100 BP and sell a covered call, Jan. 2017. Then, buy a $25 put, Jan, 2017

Mon Apr 18, 2016, 09:57 PM

Apr 2016

.

Your 7% yield will turn to about 20%.

The caveat is that there is a powerful amount of money betting that the stock will go even lower.

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Is now a good time to buy oil stock? [View all] craigmatic Apr 2016 OP

According to the old rule, elleng Apr 2016 #1

Here's 3 of them progree Apr 2016 #3

What's your opinion on shell oil? craigmatic Apr 2016 #7

Nice dividend yield, 7.24% :-) progree Apr 2016 #10

You sound really good at this. craigmatic Apr 2016 #8