Rates rates rates. Lower interest rates in the US are a tailwind for US RE and result in US RE outperforming Global Ex-US Real Estate.
The US RE vs. Global Ex-US RE ratio is breaking down is priced at January 2020 levels
It has been a long time since our last ETFs discussion. Today I have something to share. IYR (US Real Estate) is getting ready for a new decline. COVID is a real disaster for an offline business. Thousands of restaurants and other retail businesses have already closed and this number will be increasing. It is a dangerous sign. With that in mind, we can experience...
... for a total of 3.00 in credit.
Notes: With rank/implied at 49/38, looking to re-up an acquisitional setup in this dividend yielder (3.36%) for the IRA.
EARNINGS:
KBH (64/77/15.5%) announces on Wednesday after the close. Pictured here is a Plain Jane, directionally neutral short strangle camped out at the 18 delta strikes paying 1.34 as of Friday close. Look to put on a play on Wednesday before the close, adjusting strikes as necessary to accommodate movement of the underlying between here and then.
NKW...
EARNINGS:
I'm not really seeing anything at the moment that meets my criteria for good liquidity, high rank/high implied to play this coming week for earnings-related volatility contraction plays.
While ORCL (53/44/9.8%) announces Tuesday after the market close, 30-day's only at 44 with the July at-the-money short straddle paying 9.8% of the stock price, which...
Hi All,
I had originally created this video to answer a number of questions regarding real estate over at MERC but I think it can clear up my views on what my thoughts are on Real Estate over the coming years/decades.
Yet another acquisitional setup in the IRA, filled for 9.38 total.
Notes: I already have some IYR covered calls in the IRA (3.50% yield), but figured I'd potentially add here on this brutal down move. I would note that markets are wide and had to nickel down or more to get a fill on the ladder as a unit. And we'll see how that goes ... .
IYR is the ticker symbol for U.S. Real Estate ETF. Since the financial crash in 2009, the instrument is steadily rising and currently only $1 from breaking the 2007 all-time high. In the short term chart below, we can see the rally is unfolding as an 5 waves impulsive Elliott Wave structure. The impulsive rally started from August 5, 2019 low where wave ((i))...
