Trading Portfolio October 21, 2013

Our current trading portfolio.  Not necessarily for long term holding as we trade options.  However our strike prices would make good entry points. 

AFL...still has a single digit PE and presents a good value.  We trade for a $52.50, but expect we will need to move this strike price up a bit.  The duck continues to sell insurance. 

BCE...Canadian telecommunications company that has improved prospects since Verizon will no longer be entering the Canadian market.  We trade at $40. 

BP.. We continue to believe the single digit PE makes this stock priced right here at $40. The lawsuits will continue to ease as we move forward. 

HFC...Again a single digit PE presents value and we trade this stock at $35 which gives us plenty of room in case Obama does something to blow up the oil market.  Oil refinery company. 

JCP....A big mistake and we own it at $10.  We will try to trade our way of this stock and erase some of the loss and then exit the security for good. 

JNK...New to our portfolio, but one we have followed for a long time.  We like it at $40 and with the economy slowing and the threat of rate increases pushed off for awhile this stock should be a good trade.  JNK is a junk bond ETF that pays a monthly 6% plus dividend. 

JPM...Big money center bank we trade at $45.  All the bad PR will lift eventually and this stock will take off from the current single digit PE. 

LO...Our strike price has been $37.50 but this stock has moved up a good bit and now might be out of our trade zone.  We believe it might be overvalued now. 

NNN...Safe safe and safe at $30. Great blue chip REIT. 

NOV...This stock also might have moved up past our trade price of $62.50 and might be dropped.  Supplies oil drilling equipment to oil companies. 

O...We continue to like this blue chip REIT and trade it at $35. Monthly dividend and a shareholder friendly company. 

SHLD...We like the options on this stock but trade it with lots of room just in case we are wrong.  $37 strike price.  We believe this is a real estate play and not a retail play. 

SO...We have added this stock back to our portfolio since it has sold off so much.  Strike price $40. Good utility company that has been under the gun of the EPA and we believe it is oversold. 

T...Safe telecommunications stock we trade at $33. Blue chip stock if there ever was one. 

VZ...This telecommunications stock might have moved up too far to continue to be traded at $45.   We find the recent buyout of Vodafone to be a positive.