Today we're going to take a flyer on what is essentially a covered call play... by adding the Bunge April 2008 $125.00 call (BGDE.X) options to the portfolio.
We've seen strong action in Bunge (BG) for months on end, and are now up more than 50% on this position.
Continued higher grain prices, the demand for ethanol and corn, and Bunge's positioning as a supplier of foodstuffs to the exploding consumer populations in China and India are all helping push the stock higher.
Commodities in general could continue strong over the next six months (crystal ball warning!) because of the continued volatility and uneasiness in the equity markets (which can drive people into real assets like commodities)... and also the continuing bull cycle for commodities in general, which should run for another few years more at least based on past 16-year bull cycles in the sector.
This is a pure speculation on BG continuing its upward march. And we have a few months to be right... or wrong.
Action: Add the Bunge April 2008 $125.00 call (BGDE.X) options to the portfolio at $3.90.
Good trading,
James
Wednesday, October 10, 2007
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2007
(144)
-
▼
October
(36)
- Become a Brazilian Ethanol Venture Capitalist for $8
- The Big Oil Swoon Cometh? Whaddya Think?
- Green Energy Resources Rallys 12.5%... And Keeps t...
- WMI Hit Hard After Earnings Announcement
- Update On Our Oil Prediction
- A Note About Over the Counter Stocks and Green Inv...
- Our Green Investments Portfolio: Up 266%... Includ...
- Green Energy Resources Scores $5.5 Million Contract
- Beating the S&P 500 by 2,000%... with ONLY Green I...
- Our Green Energy Resources Position Jumps 18.75%
- Tom Brady IPO... The Coming Stock Rally... Oil Loo...
- Markets Meltdown... WMI Rallies... Plus 6 Steps to...
- Add Waste Management (WMI) to the Evergreen Portfolio
- Our New Pick Is Coming Soon
- Our Green Energy Resources Play Jumps 11%!
- Our D1 Oils (Jatropha) Play Jumps 21%
- Yingli Green Energy: The Hottest Green Energy Stoc...
- Ugly Markets... Gay Budgies... And Green Investmen...
- This Thursday, Oct. 18, I Reveal... "The Dirtiest ...
- Please Give Me Your Ideas for Our New Global Green...
- Our Bunge Play Is Up 46.23%... Lock In Profits Usi...
- D1 Oils: The Only Pure Jatropha Stock in the World?
- Sell BG Options and Lock in 10% Gains in 8 Hours!
- Bunge Trips... As Expected
- New Recommendation: Bunge April 2008 Call Options
- LDK Solar Bounds 19%... Glad We Sold It!
- Correction: Professional Money Managers Are Even W...
- Random Walk Down Green Investment Street
- The Best of 4 Cleantech Indexes
- Green Investments and the "Tipping Point" of the Mind
- Why We Use Trailing Stops
- Add D1 Oils to Our Portfolio at $4.15
- LDK Stops Out at $53.28... Hands Us 95.88% Gain
- Why Big Retailers Are Going Green
- New Recommendation: PZD
- Green Investment Highlight: Kookmin Bank
-
▼
October
(36)
3 comments:
What's Going down i am new to this, I stumbled upon this I have found It absolutely helpful and it has aided me out loads. I am hoping to contribute & aid other users like its helped me. Great job.
My web-site binary options calculator []
Oh my goodness! Incredible article dude! Thank you so much, However I am encountering difficulties with your RSS.
I don't understand why I am unable to join it. Is there anyone else getting similar RSS issues? Anybody who knows the answer will you kindly respond? Thanx!!
Look at my site - does cedar finance really work
Pretty! This has been an extremely wonderful article.
Thank you for supplying these details.
my web page; day trading options rules
Post a Comment