Investment Idea Sharing – April 18, 2015
See below for my personal stock market Buys or
Sells for this week:
Buy Stock/ Fund: JDST
Sell Stock/Fund: none
Sell (to Open) Covered CALL: UCO, USO, UVXY
Buy (To Close) Covered Call: none
Sell (to Open) Cash Secured PUT: none
Buy (to Close) Cash Secured PUT: none
See the details on each of these transactions
below the Weekly Summary table.
The world market indices were down this week
with the exception of Hong Kong, Shang Hai and South Korea China
Chinese investors are heavily margined:
The price of oil went UP this week and ended at
$55.74, up from $51.64 last week.
See the 2 year weekly Oil Price chart here:
Weekly Summary Table of Worldwide Market Index
Closing values:
Here are my Stock / Fund BUYs for This Week:
Symbol:
JDST
Buy Date:
April 17, 2015
Buy Price:
$9
Target Sell Price: $12
These JDST shares were PUT to me at $9 on 4/17/2015
from a PUT that I sold on 2/25/2015 for $1.65, an 18% return in 7 weeks. I will try to sell a May 15 CALL on Monday for
at least $.50 for a 5% premium at an expiration date 4 weeks out.
Here are my Stock / Fund SELLs for This Week:
Stock Symbol:
Sell Date:
Sell Price:
Buy Price:
Buy Date:
Here are my Option (CALL or PUT) Sells/Buys for This Week:
Option: Sell to Open Covered CALL
Stock Symbol: UCO
Sell to Open Date: 4/14/2015
Expiration Date: 7/17/2015
Strike Price: $12
Option Price: $0.25
Oil prices have been coming back up the past 2
weeks and UCO got up to above $9, so I sold this call at a 2% option premium
expiring in 13 weeks. My $12 strike
price $3 above my buy in price. If I get
called out, I earn a 33% return on these UCO shares which I bought on Feb. 20,
2015.
Option: Sell to Open Covered CALL
Stock Symbol: USO
Sell to Open Date: 4/14/2015
Expiration Date: 6/19/2015
Strike Price: $22
Option Price: $0.25
Oil prices have been coming back up the past 2
weeks and USO got up to almost $20. My buy in price is $20, so I sold these
calls at a 1.1% option premium expiring in 8 weeks, but at a strike of $22
which also makes me another $2 over my buy in price.
Option: Sell to Open Covered CALL
Stock Symbol: UVXY
Sell to Open Date: 4/13/2015, 4/13/2015
Expiration Date: 4/24/2015 , 5/15/2015
Strike Price:
$14 , $22
Option Price:
$0.17 , $0.31
UVXY turned up at the end of the week due to a
300 point drop in the Dow. I will
continue to sell CALLs on my holdings to
keep some cash flow going while I wait for UVXY to come back to my buy in
price. I will never set my strike price
below my buy in price, so my profit if I am CALLed out will be my CALL option
premiums.
My plan with the various UVXY shares, bought
at $13, $15, $17 and $22 is to sell calls while I wait for UVXY to come
back. These calls will lower my
effective buy in price. If the markets
take a drop, then UVXY will go back up and I can, hopefully, get called out
above each of my buy in prices.
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:
Sell to Open Date:
Expiration Date:
Strike Price:
Option Price:
Option: Buy to Close Cash Secured PUT
Stock Symbol:
Sell to Open Date:
Expiration Date:
Strike Price:
Option Price:
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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