covered calls beavis

Here are today's Covered Call Picks for Monday 04-23-2012.

What's a Covered Call?

Hatefest on Sears Holdings

Hater-Aid (Big Pic)

Not everyone loves Eddie Lampert.  Could Sears Holdings Corp shares lose 75% from today's level? 

In 2012 Sears Holdings Corp (SHLD) shares have gained an impressive 153% in less than three months.  SHLD is the comeback story running from under $40 a share in January to today's $80.44 price.  However Credit Suisee believes the party is over and in one year expect a -75% return.


 

covered calls beavis

Here are today's Covered Call Picks for Thursday 02-16-2012.

What's a Covered Call?

The covered call is a strategy where an investor writes a call option contract (sells an option) while at the same time owning an equivalent number of shares of the underlying stock.If this stock is purchased simultaneously with writing the call contract, the strategy is commonly referred to as a buy-write.

While you may have heard that trading options is risky business, covered calls are actually a very conservative strategy, and most brokerages even allow retirement IRA accounts to write covered calls.

Groundhog Driving the Car - Movie - Big Pic

If at first you don't drive the company into the ground, turn the wheel over to the groundhog.

Eddie Lampert has already crashed Sears Holdings (SHLD), but he's apparently off his rocker (letting the groundhog drive) and buying even more shares.  Why?

Eddie Lampert

Investors holding shares of SHLD are getting serenaded by the Sexy Sax Man today as shares plummet -$11 or 23%.

Yes, it appears that Billionaire CEO Eddie Lampert isn't god after all.