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Re: dmceng post# 522045

Monday, 06/11/2018 10:33:42 PM

Monday, June 11, 2018 10:33:42 PM

Post# of 736058
dmceng....man you are whats called a "whale with that many shares.... do you realize what kind of premiums you can generate with 2000 contracts on Wmih common stock when they are traded on the options market (not available yet).....I will lay out a scenario for you... you stagger the call options by the month, out of the money of course, and by various strike prices, and set to close out the options on a monthly basis... then you buy a ticket on a cruise line, or an airline, and go traveling to a foreign country with the clothes you are wearing... forget the suitcases, you can just buy your clothes and such as you travel to foreign countries with your credit card issued by your brokerage house... each month, when the premiums are deposited in your account, you can book your hotel room, food, clothes, entertainment, and buy a ticket to another destination.... make the world your home, instead of staying at home. if you are successful in not having your stock called away from you (hence out of the money calls), you can travel the world the rest of your life and still keep your 200000 shares, and leave it to your heirs to do the same thing as you are....kudos to you for amassing so many shares... I would have to, but alas, I lost all my wealth in the 2008 financial crisis.... but still, I got 57000 shares plus 195000 escrows...Hey, we might just meet on an airplane, or cruise ship doing the same thing!!.... good luck and fortune... always remember.. fortune favors those who take risk, not the fence sitters.... Lodas
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