by trader on December 27, 2011
Hi Traders,
I wanted to share with you the details of my last trade.
It was a trade on dividend stock… and… I added an option strategy that eliminates a lot of risk.
I bought KO… and… sold some call options against it.
Before I go any further, I should tell you that this trade was done in my IRA.
Since it was my retirement money at stake I wanted a low risk way to pile up small returns over time.
My strategy was to buy a dividend paying stock… capture the dividend, maximize my returns… and take almost no risk.
Most “gurus” advise against the dividend capture strategy becasue a lot of dividend stocks are a trap.
But I add a secret weapon to this thing that makes it powerfully effective and even reduces risk.
by trader on November 14, 2011