Stock Trading Examples II

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Transcript

So here's a real life example for this year of a couple trades I did the beginning of the year. Here we have Caterpillar that I got rid while back I sold it because it showed up on the dogs of the Dow and I sold it sold calls on it eventually was sold out, taken away from me that I had a whopping six shares left with my cost basis here that I finally sold and made this amount of money on just six shares this amount of profit over time and this shows you the power just hanging on to stocks over the long period as you collect that dividend until you sell the stock for profit. So here I hung on to Caterpillar all last year and these are just the measly six shares and yet I picked up all these additional shares at a different all profits over time.

Intel that showed up on the dogs list I bought. And when it fell off the list I started selling calls on it. And the last year and a half I have not been called away. either buy the call back or the call to expire. And you can see here this one particular call, I bought it at the end of this middle of December, sold it A month later, closed it, bought it back early. And 151 is the proceeds.

When I originally sold the call, I made 147 back and I bought the call back. It was crazy percentages what I would have made over a year. Wouldn't that be nice if that was a amongst our account, but you kind of get the whole idea of the power that can happen here. If we hop back here.

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