Replies to post #132 on High-yield/macroeconomics (fka YIELD)

[jimmyh]

Same here and I also got in on BKCC which is up a bit from purchase price and got the divy also.

Thanks pete for the good ideas.

On CSE, one could now sell a covered call expiring on Oct 20th at 20 and pick up an extra $65 or $70 (same or more than divy). Not a bad return for 34 days worth of work PLUS if we get called at $20 next month we'd have a total return of over 9% from where we are TODAY.

Also, any one have thoughts on FRO? I know the dividend will be announced soon and have been reluctant to pull the trigger on this one. Yields about 13% IF the $1.50/qtr. dividend is maintained.Had Eagle earlier this year and did well with that one...Any thoughts on FRO would be appreciated.

Thanks in advance.

[Bio_pete]

I've made an absolute killing on CSE. Listen to their CC if you haven't done so.