Investment Idea Sharing – May 2, 2015
See below for my personal stock market Buys or
Sells for this week:
Buy Stock/ Fund: none
Sell Stock/Fund: none
Sell (to Open) Covered CALL: UVXY, USO
Buy (To Close) Covered Call: none
Sell (to Open) Cash Secured PUT: UCO
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 all down this
week except for the Shang Hai SSE which hit a new 52 week and 7 year high. The US China
The price of oil went UP this week and ended at
$59.63, up from $57.15 last week.
See the 8 year monthly Oil Price chart here:
Weekly Summary Table of Worldwide Market Index
Closing values:
Here are my Stock / Fund BUYs for This Week:
Symbol:
none
Buy Date:
Buy Price:
Target Sell Price:
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: UVXY
Sell to Open Date: 4/27/2015
Expiration Date: 5/15/2015
Strike Price: $14
Option Price: $0.23
This UVXY was PUT to me at $13 on April 10,
2015 from a PUT that I sold on April 9 for $.26. If I get called out at $14, I will have earned
$1.00 from the PUT/CALL strike price difference and $0.23 + $0.26=$0.49 from
the two option premiums. This is an 11%
return on these UVXY shares from April 9 to May 15. If it does not get CALLed, I have still
earned my $0.49 in option premiums for a return of 4%.
Option: Sell to Open Covered CALL
Stock Symbol: UVXY
Sell to Open Date: 4/27/2015
Expiration Date: 6/19/2015
Strike Price: $17
Option Price: $0.60
This UVXY was PUT to me at $17 on March 20,
2015 from a PUT that I sold on March 18 for $.75. If I get called out at $17, I will have
earned $0.75 + $0.60=$1.35 from the two option premiums. This is an 8% return on these UVXY shares
from March 18 to June 19. If it does not
get CALLed, I have still earned my $1.35 in option premiums.
Option: Sell to Open Covered CALL
Stock Symbol: USO
Sell to Open Date: 4/30/2015
Expiration Date: 6/19/2015
Strike Price: $22
Option Price: $0.40
This USO was PUT to me at $20 on January 9,
2015 from a PUT that I sold on January 2 for $.50. If I get called out at $22, I will have
earned $2.00 from the PUT/CALL strike price difference and $0.50 + $0.40=$0.90
from the two option premiums. This is a
15% return on these USO shares from January 2 to June 19. If it does not get CALLed, I have still
earned my $0.90 in option premiums for a return of 5%.
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: UCO
Sell to Open Date: 4/27/2015
Expiration Date: 5/15/2015
Strike Price: $9
Option Price: .42
As oil goes up, UCO is bouncing up and I like
the premium for this $9 PUT. So when UCO
dipped back down to $9 last Monday, I was able to sell this PUT at a 5% premium
for 3 weeks out.
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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