Below is a link to TTCM’s most recent article on Caterpillar (CAT). This is a stock that a lot of market pundits were advocating to buy above $100 and the logic just didn’t make sense to us as the company has some serious tailwinds, which in our estimation were inflating earnings. Finally the stock has come down to an attractive level, and we are taking advantage of the relatively high volatility to sell puts on the stock. This generates a very strong income assuming the puts expire worthless, and if we are exercised and end up owning the stock I believe we would own it at a price which would give us a great opportunity to make a lot of money over the next couple of years. Thank you very much and I hope that you enjoy!
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.