ETM/Scott - I'm surprised that business does well these days. Sometimes the regular radio goes on in the car and the kids scream "Ewwww!" I guess they sold off to the right price with a p/e of 5 - sounds like a good call to me and even better as they have good options prices.
We could use another dividend payer in the LTP so let's grab 2,000 shares of ETM at $7.65 ($15,300) and sell 20 of the 2020 $8 calls for $1.50 ($3,000) and 20 of the 2020 $8 puts at $1.90 ($3,800) to net in for $4.25 ($8,500) with an obligation to buy 2,000 more shares at $8 ($16,000) which would put us in for an average of $6.13 on 4,000 shares ($24,520) - so still a 1/2 allocation, worst case.
Meanwhile, we'll collect $720/yr (8.47%) in dividends against our $8,500 initial entry while we wait to see if we get called away with a $3.75 (88%) gain at $8 so 105% total potential return in 20 months on this "boring" dividend play!
Fortnite/Atitlan - My kids play it and I play it too, sometimes. It's actually a fun family activity, slaughtering villages together... I spent $25 on a cool dragon glider and armor!
Actually not $25, I got like 10,000 tokens for $25 and spent some on those items - but they still got my $25! It's funny as there's another game called PUBG (Player Unknown, BattleGrounds) that came first and the actual combat is better/more realistic but the Fortnite guys made it simpler to play and monetized it way better (celebrity endorsements were key to rocketing them higher).
THO/Ayyaps - They are basically a car company and gas is way high and they guzzle so I can see why they sold off. Now ($100) they are priced right as they make about $9/share and it makes for a good, solid, long-term hold as there is little competition and huge barriers to entry (though I'm sure Musk will announce one soon).
