Non-Tech : Income Investing

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From: BlueClaw1/3/2018 12:35:03 PM
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Lookie Lookie at IBM.. I go to the grocery store to stock up on goodies since forecast calls for heavy snow tonight and come back to see IBM common sore 3.21% as of this post.. I have no insider info but reading the news it seems the smart analysts are calling for good things for IBM. expects 4Q revenue to be up mainly due to the new mainframe launched mid 2017.. We still have plus they say IBM is on track with their "strategic imperatives".. I would be a gazillionair if I was given a nickle every time I heard that when I was on the inside.. my take is "show me the money"

having said that.. up 5 bucks today gives me a good opportunity to sell Jan 19 165 calls for $1.16.. but unsure if I will do that yet.. 4Q and FY 2017 earnings due out Jan 18.. if revenues are that good stock can soar pass $165.. well maybe not soar but probably break and stay above it if the current rise settles near $160 until then..
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