PIMCO Advisors: Global Content | News or Media Article
This is a new, very big, CEF that sells call options. I may be off by one or two but I believe this is the 71st such fund to be issued in the last six months;-)
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2 comments:
I am a relatively new reader to your blogs and find them very informative and educating. I am sorry, I could not understand the point you are trying to make through this link. Is this fund or one of the similar 71 funds worth investing into. Where can I get information on other funds. I will appreciate your response. You can email me at sumant.kapoor@gmail.com
thanks
Roger,
Thank you so very much for the heads up. The past couple of weeks, my bullishness has been growing. I even purchased call options on TXN, NEM and the QQQQ's. I only occasionally play options; primarily for entertainment. This time I am out on a limb a little even though I keep all serious money invested elsewhere.
Today's broad advance was encouraging and the news of the option fund was icing on the cake. The 4.79% move in the airline index was the cherry on top. Thank you again.
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