The PMC 30

Introducing the PMC 30

We at Panoptic Management Consultants, Inc. have compiled a list of companies that we believe are important to watch. We do not necessarily believe that these stocks should be bought right now, but in aggregate, we believe they are a useful indicator of economic and market direction.

The PMC 30 appears on the right side of our blog. We will spotlight individual PMC 30 stocks throughout the year with blog posts. We will also keep you posted to any changes in the 30 stocks that comprise the PMC 30 via blog posts.

Full Disclosure

Our CEO, Asif A. Khan, CPA (or his family members) has positions in many of the PMC 30 stocks which are explained below:

AAPL, Apple Inc.
Long Common Stock

Short Put Options*

IBM, International Business Machines Corp.
Short Put Options*

HPQ, Hewlett-Packard Company
Long Common Stock
Short Put Options*

GOOG, Google Inc.
Long Common Stock

BAC, Bank of America Corporation
Long Common Stock
Long Call Options
Short Put Options*

JPM, JPMorgan Chase & Co.
Long Common Stock

GS, Goldman Sachs Group Inc.
Long Common Stock
Short Put Options*

C, Citigroup, Inc.
Long Common Stock
Short Put Options*

GILD, Gilead Sciences, Inc.
Long Common Stock

HP, Helmerich & Payne Inc.
Long Common Stock

RIG, Transocean Ltd.
Long Common Stock

FCX, Freeport-McMoRan Copper & Gold Inc.
Long Common Stock

CX, CEMEX, S.A.B. de C.V.
Short Put Options*

MON, Monsanto Co.
Long Common Stock

YUM, Yum! Brands, Inc.
Long Common Stock

GE, General Electric Co.
Long Common Stock

*Short Put Options explained:

Positions described as "Short Put Options" mean that Mr. Khan has a bullish opinion on the stock. By selling (shorting) a put option, one is creating an obligation to buy a stock at the strike price of the option. You are paid a premium for this obligation. For example if you sold a $30 strike price put option in a stock for a $10 premium, you would have an obligation to buy that stock if it dropped below $30 at expiration. Your effective basis in the stock would be $20. This is a strategy that Mr. Khan used at the height of volatility during the crisis. It is effectively a buy limit order but you are also paid a premium. This strategy will only be employed with high net worth clients that have marginable securities.

Our COO, Adam H. Kraus, JD, MBA has the following positions:

C, Citigroup, Inc.
Long Common Stock

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