Investment Idea Sharing – January 24, 2015
See below for my personal stock market Buys or
Sells for this week:
Buy Stock:
none
Sell Stock: none
Sell (to Open) Covered CALL: CLF, USO
Buy (To Close) Covered Call: none
Buy (to Close) Cash Secured PUT: none
Sell (to Open) Cash Secured PUT: UVXY, RIG, DUST, MCD
See the details on each of these transactions
below the Weekly Summary table.
The world market indices were up this week. The price of oil continued going down and ended
this week at $45.59, down from $48.69 last week. Read more here: https://finance.yahoo.com/news/gas-prices-fallen-record-16-133000078.html
On Thursday, the European Central Bank (ECB)
announced a massive stimulus package which helped to lift markets worldwide: http://news.yahoo.com/eyes-fed-ecb-other-bank-stimulus-moves-230353232--finance.html
The Euro continued to decline and hit an 11
year low against the U.S. dollar on Friday.
I continue to look for stocks that have good
fundamental financial values, but stock prices near 52 week lows and, where
possible, 5 year lows.
Weekly Summary Table of Worldwide Market Index
Closing values:
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 to Open Covered CALL
Stock Symbol: USO
Sell to Open Date: 1/22/2015
Expiration Date: 4/17/2015
Strike Price: $24
Option Price:
$0.21
USO was PUT to me on Jan. 9 at $20. It has continued going down after this, but
the April CALL allows me to take a little money off the table while I wait for
USO to come back.
Option: Sell to Open Covered CALL
Stock Symbol: CLF
Sell to Open Date: 1/22/2015
Expiration Date: 7/17/2015
Strike Price: $15
Option Price:
$0.35
CLF was PUT to me on Jan. 16 at $14. It has continued going down after this, but
the July CALL allows me to take a little
money off the table while I wait for CLF to come back.
Option: Buy to Close Covered CALL
Stock Symbol:
Original Sell to Open Date:
Original Expiration Date:
Buy to Close Date:
Strike Price:
Option Price:
Option: Sell to Open Cash Secured PUT
Stock Symbol: UVXY
Sell to Open Date: 1/21/2015
Expiration Date: 1/24/2015
Strike Price: $26
Option Price: $0.25 (at $26/share, this option
paid me 1% for a 1 week expiration time.
UVXY opened this week at $29.43 and closed at
$25.37, so it got PUT to me. I will look
at selling a 1 week out CALL on Monday to keep taking some money off the table. And also look at selling some 1 week out $22
PUTs on UVXY which were selling for $0.30 on Friday.
Option: Sell to Open Cash Secured PUT
Stock Symbol: MCD
Sell to Open Date: 1/21/2015
Expiration Date: 1/23/2015
Strike Price: $90
Option Price: $1.00 (at $90/share, this option
paid me 1.1% for a 1 week expiration time.
MCD opened this week at $91.64 and closed at
$89.56, so it got PUT to me. MCD
reported drops in both revenue and profits on Friday which hurt the stock price. The market was already expecting these drops,
and I was hoping that they were already priced into the MCD stock. I was wrong.
I will check the CALLs on Monday to see how far out I have to go with
Expiration date to make my 1% Option premium return.
Option: Sell to Open Cash Secured PUT
Stock Symbol: RIG
Sell to Open Date: 1/20/2015
Expiration Date: 1/23/2015
Strike Price: $14.50
Option Price: $0.20 (at $14.50/share, this
option paid me 1.4% for a 1 week expiration time.
RIG opened this week at $15.88 and closed at
$15.67, so it did not get PUT to me. I
will look at selling another PUT on RIG on Monday.
Option: Sell to Open Cash Secured PUT
Stock Symbol: DUST
Sell to Open Date: 1/20/2015
Expiration Date: 1/23/2015
Strike Price: $11
Option Price: $0.60 (at $11/share, this option
paid me 5.5% for a 1 week expiration time.
DUST opened this week at $11.97 and closed at
$13.29, so it did not get PUT to me. I
will look at selling another PUT on DUST on Monday.
Here is the Yahoo Profile for DUST: http://finance.yahoo.com/q/pr?s=DUST+Profile
Here is the 5 year price chart for DUST, note
the HUGE volatility since 2013. Also
note that DUST 52 week low is $11: http://finance.yahoo.com/echarts?s=DUST+Interactive#
Here is the 2 year commodity price chart for
actual Gold, note the LOW volatility since mid-2013: http://futures.tradingcharts.com/chart/DG/W?anticache=1422132784
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’
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 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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