Investment Idea Sharing – Sept. 27, 2014:
See below for my personal stock market Buys or
Sells for this week:
Buy Stock: NE
Sell Stock: none
Buy To Close Covered Call: AAL
Sell Covered CALL: NOK, C
Buy to Close Cash Secured PUT: AAPL, AAL, EXC,
NLY
Sell Cash Secured PUT: EXC, AAPL
This week I made a lot of trades because I had
several CALL and PUT options that did not expire until January 17, 2015, and
were very far “Out of the Money” due to great stock price movements after I had
opened these positions. That means I
could buy these options back “Buy to Close” for pennies on the dollar when I
had originally sold them for between $1 and $7.
This allowed me to close these options and take my money off the table 4
months early so I could look for other money making trades instead of just
leaving this money tied up in these options for another 4 months.
Excellent article on how Lenovo (0992.HK) has
grown to a worldwide power in electronics over the past 9 years. http://www.strategy-business.com/article/00274?pg=all
Last week, the world market indices were all down
except China
I continue to look for stocks that have good
fundamental financial values, but stock prices near 52 week lows.
Summary Table of Worldwide Market Index
Closing values for this week:
Here are my Stock BUYs for This Week:
Stock Symbol: NE
Buy Date: 24 Sep 2014
Buy Price: $23.48
Target Sell Price: $30
All of the deepwater oil drilling companies
have been driven down the past few weeks along with the price of oil. Several of them (NE, RIG, PGN, ESV) have good
fundamentals, so I have been selling some PUTs and also buying shares of
stock. NE 1 year chart: https://finance.yahoo.com/echarts?s=NE+Interactive#symbol=ne;range=1y;compare=;indicator=rsi+volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
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 to Open Covered CALL
Stock Symbol: NOK
Sell to Open Date: 24 Sep 2014
Expiration Date: 15 Jan 2016
Strike Price: $10
Option Price: $.65
I had bought these shares back in 23 Feb 2011
at $8.50. After that, NOK had all kinds
of problems and the stock went to $2 in 2012.
I believed in NOK and now they are at $8.61, so it is time to take some
profit by selling this Covered CALL.
Option: Sell to Open Covered CALL
Stock Symbol: C
Sell to Open Date: 24 Sep 2014
Expiration Date: 15 Jan 2016
Strike Price: $57.50
Option Price:
$3.90
I bought these shares on 12 Jan 2009 at
$5.75. In 2011, C did a reverse split of
1:10 so my shares would need to be $57.50 to be at break even. But after this reverse stock split, C went to
$25. I waited to make my money back. C
is now at $52.49 and their CALL options are looking good to me. This CALL allows me to get out at my original
buy in price plus another $3.90 per share.
If I do get called out, there will be No more C for me.
Option: Buy to Close Covered CALL
Stock Symbol: AAL
Original Sell to Open Date: 14 Aug 2013
Original Expiration Date: 17 Jan 2015
Buy to Close Date: 24 Sep 2014
Strike Price: $41.00
Option Price: $1.40
I had initially sold this CALL at $4.28 in Aug
2013, but AAL went down so far, that the price of this CALL went to $1.40 last
week. Since there were still 4 months
left before this CALL would expire, during which it would possibly make me no
more money, I bought it back to re-deploy this money on another AAL CALL, I
have a new CALL sell order in for Expiration date of Jan 2016, Strike price of
$45 at $3.20 / share. AAL is currently
at $35.93 and I expect that my new CALL will sell when AAL gets to $36.50.
Option: Buy to Close Cash Secured PUT
Stock Symbol: AAPL
Original Sell to Open Date: 30 Jan 3014
Original Expiration Date: 17 Jan 2015
Buy to Close Date: 24 Sep 2014
Strike Price: $71.43
Option Price: $.16
I had initially sold this PUT at $7.61 in Jan
2014, but AAPL went up so far, that the price of this PUT went to $.16 last
week. Since there were still 4 months
left before this PUT would expire, during which it would make me no more money,
I bought it back to re-deploy this money on another AAPL PUT, see below
Option: Sell to Open Cash Secured PUT
Stock Symbol: AAPL
Sell to Open Date: 24 Sep 2014
Expiration Date: 15 Jan 2016
Strike Price: $95.71
Option Price: $10
Option: Buy to Close Cash Secured PUT
Stock Symbol: EXC
Original Sell to Open Date: 8 Nov 2013
Original Expiration Date: 17 Jan 2015
Buy to Close Date: 25 Sep 2014
Strike Price: $25
Option Price: $.10
I had initially sold this PUT at $2.00 in Nov
2013, but EXC went up so far, that the price of this PUT went to $.10 last
week. Since there were still 4 months
left before this PUT would expire, during which it would make me no more money,
I bought it back to re-deploy this money on another EXC PUT, see below
Option: Sell to Open Cash Secured PUT
Stock Symbol: EXC
Sell to Open Date: 25 Sep 2014
Expiration Date: 15 Jan 2016
Strike Price: $32.00
Option Price: $3
Option: Buy to Close Cash Secured PUT
Stock Symbol: NLY
Original Sell to Open Date: 26 Nov 2013
Original Expiration Date: 17 Jan 2015
Buy to Close Date: 25 Sep 2014
Strike Price: $10
Option Price: $.19
I had initially sold this PUT at $1.81 in Nov
2013, but NLY went up so far, that the price of this PUT went to $.19 last
week. Since there were still 4 months
left before this PUT would expire, during which it would make me no more money,
I bought it back to re-deploy this money on another NLY PUT, I have a new PUT
sell order in for Expiration date of Jan 2016, Strike price of $10 at $1.20 /
share. NLY is currently at $11.22 and I
expect that my new PUT will sell if NLY gets to $12.00 which it was last at in
Oct. 2013.
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.
NOTE: Spreadsheets will NOT be updated from
Sept. 1 until Sept. 20 because I am on vacation.
StockEvaluator ‘Short List’
Download ‘Short List’ here: http://www.ultimatestockfinder.com/stockevaluator_short_list.xls
‘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
certify that except as cited herein, this is our work product. We received no
compensation or other inducement from any party to produce this article. Please see our full legal disclaimer at: http://www.ultimatestockfinder.com/stockevaluator_disclaimer.html
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