Saturday, June 6, 2015

Investment Idea Sharing June 6, 2015

Investment Idea Sharing – June 6, 2015 

See below for my personal stock market Buys or Sells for this week:
Buy Stock/ Fund: USO                                          
Sell Stock/Fund: RIG

Sell (to Open) Covered CALL: RIG, USO, UVXY
Buy (To Close) Covered Call: none             

Sell (to Open) Cash Secured PUT: JDST, USO  
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 mostly down this week.  The US indexes (Dow, S&P 500, NASDAQ) remain within 3% of their all time highs.  But, the ShangHai Index (SSE) was UP 8.9% this week and is now up 148% from its 52 Week Low. 
See the Yahoo 5 year chart for SSE here:

The price of oil went DOWN this week and ended at $59.13, down from $60.30 last week. 
See the 1 year Oil Price chart here: 

Weekly Summary Table of Worldwide Market Index Closing values:


Here are my Stock / Fund BUYs for This Week:
Symbol: USO   
Buy Date: June 5, 2015
Buy Price:  $20
Target Sell Price: $20
This USO was from a $20 PUT I sold on June 1 for $.29.  I will attempt to sell a $20 CALL next week with a June 12 expiration for $.25

Here are my Stock / Fund SELLs for This Week:
Stock Symbol: RIG
Sell Date: June 5, 2015  
Sell Price: $19
Buy Price:  $18
Buy Date:  Feb. 20, 2015
This RIG was from an $18 PUT I sold on Feb. 18, 2015 for $.38.  With the money I made on this RIG sale, I will attempt to sell a $19 PUT on RIG next week with a June 12 expiration for at least $.20 to yield my 1% per week target.


Here are my Option (CALL or PUT) Sells/Buys for This Week:
Option: Sell to Open Covered CALL 
Stock Symbol:  RIG
Sell to Open Date: June 2, 2015
Expiration Date:  June 5, 2015 
Strike Price:  $19
Option Price:  $.25
This CALL expired worthless on June 5, so I will attempt to sell it again next week.
Same price $19 with a 1 week out expiration again for a 1% option premium.

Option: Sell to Open Covered CALL 
Stock Symbol:  USO
Sell to Open Date: June 1, 2015
Expiration Date: June 5, 2015  
Strike Price: $20.50
Option Price:  $.28
This CALL expired worthless on June 5, so I will attempt to sell it again next week.
Same price $20.50 with a 1 week out expiration again for a 1% option premium.

Option: Sell to Open Covered CALL 
Stock Symbol:  UVXY
Sell to Open Date:  June 4, 2015
Expiration Date:  June 5, 2015  
Strike Price:  $42
Option Price:  $.75
This CALL expired worthless on June 5, so I will attempt to sell it again next week.
Same price, $42, with a 1 week out expiration again for a minimum of 1% option premium.

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:  JDST
Sell to Open Date:  June 3, 2015
Expiration Date:  June 19, 2015
Strike Price:  $7.05
Option Price:  $.55
JDST has been moving between $7 and $8 since May 19, so I have some $$7.05 PUTs and some $9.05 CALLs, all making about 1% per week. 

Option: Sell to Open Cash Secured PUT 
Stock Symbol:  USO
Sell to Open Date:  June 1, 2015
Expiration Date:  June 5, 2015
Strike Price:  $20
Option Price:  $.29
This USO PUT paid me 1.5% for a 1 week expiration.  It was PUT tome on June 5 and now I will sell $20 CALLs on it.   

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’
‘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’

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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