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Is It Time to Push the Panic Button? It Depends on Whether You Can Skate in a Buffalo Herd!
The selloff in the stock market over the past few days reminds me of a silly song that was chosen as the “class song” in my high school umpteen years ago: “You Can’t Roller Skate in a Buffalo Herd.” When Mr. Market gets anxious, the trading herds start stampeding for the exits, and it’s... Read More »
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MSFT Covered Call
Today I noticed that MSFT shares can be purchased at $27.54 and a July $27.50 call could be sold for $1.24. This equates to a 4.4% yield (1.20/27.54) in around 38 days, which equates to a 42% annualized yield. I got this yield by taking the number of days I would hold the position, assuming... Read More »
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