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S&P 500
5,302.75
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-0.35%
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US TECH 100
18,202.05
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-0.16%
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Dow Jones
39,692.40
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-0.45%
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-0.90%
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Bitcoin
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Porgie Tirebiter

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Porgie Tirebiter

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Re: MiamiGent post# 31187

Friday, 01/13/2017 9:18:24 AM

Friday, January 13, 2017 9:18:24 AM

Post# of 37856
I'm trying to roatate into financials. But the markets feel toppy so I don't want to buy shares outright. Lately I've been writing puts in WFC, FITB, BAC, and JPM. So far no shares.

BAC and JPM have earnings out today, and in pre-market it looks like those puts will go worthless. I'd like to get shares, but cash isn't a bad consolation prize. Eventually there will be a pullback. Just takes patience.

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