This Week's Activity – May 24, 2014:
This week I sold a Covered Call Option on
EZPW, see details below.
This week, the world market indices were mixed
with minor Up/Down movements. Except for the Russia RTSI which was up 6%. Markets are still hopeful that Russia and Ukraine
Here is an article about the newly elected Ukraine
Elections were held this week in the European Union
countries to elect their representatives to the European Parliament. Several of these countries are not happy with
how things are going and elected representatives who will be voting to get out
of the EU. This should lead to some
lively market activity over the next year.
Read more here: http://news.yahoo.com/french-far-earthquake-win-europe-votes-001426328.html
Summary Table of Worldwide Market Index
Closing values for this week:
Next Monthly Meeting 2nd Tuesday of Each Month:
Tuesday, June 10, 2014, 7:30 PM at my
house.
Here are my Stock BUYs for This Week:
Stock Symbol:
Buy Date:
Buy Price:
Target Sell Price:
Here are my Stock SELLs for This Week:
Stock Symbol:
Sell Date:
Sell Price:
Buy Price:
Buy Date:
Here are my Mutual Fund BUYs for This Week:
Fund Symbol:
Buy Date:
Buy Price:
Target Sell Price:
Here are my Option (CALL or PUT) Sells/Buys for This Week:
Option: Sell Covered Call on 1,000 shares.
Stock Symbol: EZPW
Sell to Open Date: 5/22/2014
Expiration Date: Jan 17/2015
Strike Price: $12.50
Option Price: $1.25
I originally sold a PUT for EZPW on 11/8/2013
and earned a PUT option premium of $1.30/share.
On 11/8/2013 EZPW started the day at $13.79, but ended the day at
$11.34, which triggered my PUT to sell.
EZPW was finally PUT to me on 3/24/2014 at $12.50/share at which time it
was actually selling for $11.37. So, I
had to wait patiently for EZPW to come back.
On 5/22/2014 EZPW got up to $12.89 which triggered this Covered Call
option to sell.
So, I have now made a 10% premium selling the
PUT that got me into EZPW and now have made another 10% premium by selling the
Call that may get me out.
Visit www.ultimatestockfinder.com to
download our Stock Evaluator and Mutual Fund Evaluator spreadsheets, read
training articles and check out all our web links for investing information.
StockEvaluator ‘Short List’
‘Short List’ screens using 12 fundamental
value limits that I want to see in a stock before considering it as a possible
buy.
View our training video that shows how to
enter your preferred values for each of these ‘Short List’ screening limits:
View the Stock Evaluator ‘Short List’
screening criteria and target limit values here: http://www.ultimatestockfinder.com/short_list_12_criteria.JPG
Mutual Fund Evaluator ‘Short List’
Download ‘Short List’ here: http://www.ultimatestockfinder.com/mutualfundevaluator_short_list.xls
View the Mutual Fund Evaluator ‘Short List’
screening criteria and target limit values here:
Please remember to send me any other
investing ideas, information or questions that you want to share with the group.
Thanks,
John D.
Disclosure: The author has no positions in any of the
stocks or mutual funds mentioned in this article unless clearly stated above. We
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