Visn- Sold Jan $2.5 put at .55
I have ridden this stock to $12 taken a profit and now find my self chasing this bad boy down. Already sold $5 puts that are itm big time right now and also already sold Oct $2.5 puts. When the market recovers this one will triple for us.
GSH- Sold an Oct $15 put at $1.05
Guangshen Railway Co. Ltd, This a a stock I would like to own at some point. Good dividend yield, now near a 52 wk. low, and fills a void currently in my portfolio for transportation. Buffet is a big believer in the rails and due to my affinity for Chinese stocks this is the stock for me.
PKX- Sold Nov 80/75 put spread for $1.30
Posco Korea Steel, Another stock I have been following for awhile and as stocks have been on sale as of late it's a great time to start a position. BRK is invested at around the $75 level so I am calling a "Buffet Bottom" of $75 in the stock as the lowest this baby will go before being bought back up again. Posco has over $10 per share earnings and is the worlds most efficient steel producer getting margins other steel companies dream of. This will only get better when inflation starts taking materials prices higher.
A few orders that didn't fill today:
VE Jan 22.5/20 put spread for .80
PVX Dec 5 put for .35
Rino Dec 7.5/5 put spread .85
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