Wednesday, September 9, 2009

MasterCard....

The list of stocks and indices that I trade tend to have a slightly bullish stance over time. For example I have Amazon.com ticker AMZN on my list, and MasterCard ticker MA. Both of these stocks I feel slightly bullish on over the next 10 years. But as an option trader I don't really have 10 years more like 40 days. But I pick stocks that I would not mind owning over the next few years, and those are the stock that I trade. I bring this up due to the latest trade in my income portfolio. MasterCard has been one of my favorite trading vehicles and I know this beast fairly well. Today I purchased a call spread on MA.

No comments:

Post a Comment