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No. of Recommendations: 0

that is addicted to the stock market.  I finally gave in to the Crocs craze.  No, I didn't go out and buy a set and gleefully accessorize them - I bought the company.

Not the whole company, just 100 shares.  I then turned around and sold some ITM calls that expire next Friday.  Amazingly, I made $181 after commission.  I can't make any more profit on it but I have pretty good downside protection.  For those that snicker at $181 profit, that's $181 on an $8,000 investment or 2.2%.  And that's for less than 2 weeks "work".  Now I just need to find that kind of vehicle every 2 weeks.

 

PS, Cramer says this is a triple Buy until there's 4 analyst recommendations.

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