I find value and pricing distortions in options chains on a daily basis. If nothing else check your Stock Reports plus and look at the 9 and 10 high yielders.

Reits aren’t on the radar unless they’re in health-care, at this time, pay over 7% and have a solid chain. I’ll look at the chain after the open and let you know what I think if you like.

[quote=AGEMAN] Check it out as it seemed distorted to me. I read an article on it online as well.

I think it’s a stock picker’s market right now.  I think the Vanguard crowd is not going to do well in this environment, especially if we see a large correction.  I think if you have a process and know how to identify value, you’ll do very well for your clients.

I think a July 20 put on PBI for .85 is a good value. 10 of 10, strongest buy zone, barley went under 20 in the big slide, just killed earnings, increasing volume & a 94% probability of expiring out of the money. IF you were lucky enough to get assigned at current levels the div would be 7.6% with a basis of $18.15. 

[quote=NYCTrader]I think it’s a stock picker’s market right now.  I think the Vanguard crowd is not going to do well in this environment, especially if we see a large correction.  I think if you have a process and know how to identify value, you’ll do very well for your clients.
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Agree.

[quote=AGEMAN] Where do you see value in the market right now? It seems that there isn’t much value in the market right now. The only real areas that I see(besides a couple of individual stock positions) are floating rate bonds and HY muni funds. Everything else seems to be fairly valued or overvalued. What do you think? [/quote] Value??? If you have a 12 month time frame there is more value than you can buy. I’ll take the other side of that trade every day. Talk to me in 12 months