The Money Tree

Safely Generating Income in Retirement

Archive for December 30th, 2011

Dividend Superstars

Posted by mounddweller on December 30, 2011

Fellow Traders,

I have updated my blog to include a new page listing the companies which meet my “Dividend Superstars” criteria.  You will find that page here: https://troysmoneytree.wordpress.com/dividend-superstars/.

On that page you will find that I have segmented the companies into three categories; Champions, Contenders, and Challengers.  Definitions for the categories and further details on the selection criteria can also be found on the new page.

Also, on my page you will find a link to my trading plan page.  However, I have not yet had time to update that page to include details on my new Dividend Superstar trading strategy.  The page requires a total rewrite because it includes a lengthy discussion of the newly retired Deep OTM NP Strategy as well as other dated material.  I will post another message when I get it rewritten.

Regards,

Troy

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Weekly NP Strategy – JAN 6 Expiration

Posted by mounddweller on December 30, 2011

Fellow Traders,

Our weekly NP Strategy screen identified 47 possible trades with a January 6 expiration.  Of these I found two that I think are worthy of your consideration.  They are trades in Abercrombie & Fitch Co (ANF) and Cleveland-Cliffs Inc Co. (CLF).

Here are the specifics for the two trades.  I’m late in getting this posted so the bid prices may no longer be accurate.  Be sure to double check prices if you decide to execute either one of these trades.

(1) ANF at $48.74 sell the $46 strike at $0.34 for 0.69% ROIC (36.37% annualized) with 6.32% DSP

(2) CLF at $62.39 sell the $57.50 strike at $0.31 for 0.54% ROIC (28.11% annualized) with 8.33% DSP.

Note: for the more adventurous among you, CLF also has a good trade at the $60 strike.  This is right at recent support levels.

Happy New Year!

Regards,

Troy

 

 

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