<p>^^You’re an optimist! Do you think from here that the s&p is going to do better than the 6.67% dxj put return.</p>
<p>That is a 6.67 percent annualized return.</p>
<p>Do I think the s&p can beat that? Sure.</p>
<p>I try not to spend too much time thinking about what the s&p is going to return. I don’t loke to guess that much. Lol</p>
<p>I am an optimist.</p>
<p>From here? So you think we’re going to hit 1744.</p>
<p>In a year? </p>
<p>Well there is a 2 percent div also.</p>
<p>Of course the s&p can make it.</p>
<p>Well I’ve been told that some people view the glass as half full and others half empty, while I view it as broken.</p>
<p>Roughly 13% probability with the implied volatility of 30% that those 45 puts will expire itm. I also thought of that trade but I already own enough dxj.</p>
<p>Life can change my optimism.</p>
<p>Ok… Thanks for the probability. That is lower than I like but I will take dxj down there.</p>
<p>sold 5/18 iwm 94.5 puts = .16 and 5/18 asml 75 puts = .20</p>
<p>Ok. I did sell some aapl puts today. The 410 puts that expire this week. I am trying to sell intc puts. I am close to selling them.</p>
<p>Ok… I sold the intc 5/18 24 puts for .15.</p>
<p>Holy Cow!! - [Investors</a> Borrow Cash From Portfolios at Record Pace](<a href=“http://www.cnbc.com/id/100732197]Investors”>Investors Borrow Cash From Portfolios at Record Pace)</p>
<p>Not great for the market.</p>
<p>The aaii number has flipped…more bulls than bears. Not at extreme levels yet…</p>
<p>[Sentiment</a> Survey | AAII: The American Association of Individual Investors](<a href=“http://www.aaii.com/sentimentsurvey]Sentiment”>AAII Investor Sentiment Survey | AAII)</p>
<p>Forget free markets…Best lobbyists win…</p>
<p>[Donations</a>, lobbying by high-speed traders on the rise: report - Yahoo! Finance](<a href=“http://finance.yahoo.com/news/donations-lobbying-high-speed-traders-170239518.html]Donations”>http://finance.yahoo.com/news/donations-lobbying-high-speed-traders-170239518.html)</p>
<p>Article on mortgage reits…</p>
<p>[mREITS</a> During Q1: More Bad News, But A Few Winners Emerge - Seeking Alpha](<a href=“mREITs During Q1: More Bad News, But A Few Winners Emerge | Seeking Alpha”>mREITs During Q1: More Bad News, But A Few Winners Emerge | Seeking Alpha)</p>
<p>The stock market is quite a bit above its 200 day moving average. The percentage of stocks above their 200 day is also very high. </p>
<p>Not good numbers in the short term.</p>
<p>Also, the market is going to go longer without a 5 percent correction than af any time simce the rally started in 2009.</p>
<p>[It’s</a> a ‘My Cousin Vinny’ Market, Bullish Tepper Says](<a href=“http://www.cnbc.com/id/100734343]It’s”>It's a 'My Cousin Vinny' Market, Bullish Tepper Says)</p>
<p>[ASML</a> Tops, INTC Vulnerable in Bernstein Think Piece on Chip Future - Tech Trader Daily - Barrons.com](<a href=“http://blogs.barrons.com/techtraderdaily/2013/05/13/asml-tops-intc-vulnerable-in-bernstein-think-piece-on-chip-future/?mod=yahoobarrons]ASML”>http://blogs.barrons.com/techtraderdaily/2013/05/13/asml-tops-intc-vulnerable-in-bernstein-think-piece-on-chip-future/?mod=yahoobarrons)</p>
<p>I saw that yesterday. I think that Intel will do well later this year but I exited INTC with a small loss and moved the money into NKE.</p>
<p>Well… I am short a s… of intc puts. </p>
<p>I appreciate the intc link. I like to read the good and the bad.</p>
<p>I guess I need Tepper to recommend intc.</p>