Saturday, December 12, 2009

Re: [ConservativeOptionStrategies] beer money/more beer

 

Good post John, inline with MTNA any other beer money cc plays like this?  Get enough of these and it could turn into a kegger thanks!

--- On Fri, 12/11/09, John Hudgens <jdhudgens2000@yahoo.com> wrote:

From: John Hudgens <jdhudgens2000@yahoo.com>
Subject: [ConservativeOptionStrategies] beer money
To: ConservativeOptionStrategies@yahoogroups.com
Date: Friday, December 11, 2009, 1:04 PM

 
Here is an investment for use for ancillary expenses:  beer, horse races, etc.
 
I don' t think they will let the bond insurer MBI go out of business.  It is currentlly trading at~$3.50  a share and you can sell near month $4 call  for $0.20.  Buy a thousand shares for $3500, get $200 a month (5.6%).  Isn't wealth,  but is beer money (and not Blatz)! 
 
It made money for the first 3 Q of FY 2009 -- amazing!  In the long run,  it could even be a good investment.


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