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re: Honda (HMC) - good buy?

Posted on 7/3/16 at 8:18 am to
Posted by Tigerstark
Parts unknown
Member since Aug 2011
6007 posts
Posted on 7/3/16 at 8:18 am to
I have been wondering this myself this past week - possibly because I bought a Honda myself last month and when I talked to my salesman a few weeks later he said it was a killer May and early June for the dealership.

I think it's undervalued but want to hear other's opinions as well.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 7/3/16 at 8:43 am to
See this where you need to learn to utilize selling puts. Ok You like Honda at $25.12? Ok great selling the $25 july puts for .40 right now lets you make basically 1.5% this month or buy it for $24.60 which is even lower than you like right now.

You can't just pay full price, if you like the name, always sell puts there is literally no downside to selling puts vs buying the name unless you think its about to go up 10% or more in the short term otherwise you either buy cheaper or you just profit a nice amount 1-2% a month and move forward onto the next one.

I personally dont like the auto makers at all but thats how id play getting into honda
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