http://www.themoneymadam.com/2017/04/cvs-reinventing-pharmacy-business-and.html
This is where I was better at buying for my clients than for me. When a client decided to buy a stock, the first thing I did after the meeting or phone call was to place that order. You have discretion as an adviser but that can cause nothing but trouble. For my own money, I can prevaricate hoping to get my stock at a lower cost.
Buying at the right price is important and $82 is max for me for CVS because that translates to a yield under 2.5%. Since I have committed this stock to the portfolio, Monday, I will put in an order for CVS at $82. I will let you know how it goes. I would prefer $80 as this is a 2.5% yield. For the portfolio, I will pull the trigger tomorrow one way or the other.
M* MoneyMadam
Disclosure: Will add within 72 hours.
UPDATE:
5/2/2017
The risks of buying before earnings. CVS down a bit today. So I personally sold $82.50 May 19 calls on my $82.50 buy and put in a buy at $79.90. Working the portfolio. In the 2017 Portfolio, I have to stick with the buy. M*
5/1/2017
Placed a buy on open order for CVS which filled at $82.04. Updated 2017 portfolio is displayed below.
M*
