Minds Investment Group

Soon to go to the moon

HODL!!!!!!

Money Markets (FOREX) Just Opened

New positions. Let's see what happens.

Shorted the Euro Against USD

I'll let it run for a day or two. Not a bad return for 2 days. Again... I'm not big in FOREX. It's less than 1% of my portfolio. I dabble. I'm also freerolling with almost nothing invested at this point. If I can keep making $20 per week... that's over a grand per year. Not bad for free rolling.

F (Ford) Covered Calls

Ford is trading in a very dependable range. It is quietly flying under the radar with a 6.2% div and an ultralow 6.6 PE. SO, with that said... bought 5 blocks then sold the covered calls to bank over $200. I'm only on the hook to hold the shares for 5 weeks. That's a 4% return in a little more than a month. Do the math on steady upside. Barring the stock bottoming out, a 4% guaranteed return (in 5 weeks) is nearly a 45% yr return. The tortoise wins the race. Rinse Repeat

Using Covered Calls As Insurance

Update on DJT: Bought 300 shares at 29.90 Sold 3 May 14 $32 covered calls (+$1.27) which expired. Because DJT got hammered the contracts expired. I kept the shares and the cash. Today, after DJT exploded up 20% in a week, I sold 3 contracts May 30 $30 for $1.12. If DJT keeps...See more