Sunday, July 19, 2015

Investment Idea Sharing July 18, 2015

Investment Idea Sharing – July 18, 2015 
I will be on vacation for the next 3 weeks, so there will be no Investment Idea Sharing Newsletter until Aug. 14.

See below for my personal stock market Buys or Sells for the past month:
Buy Stock/ Fund:  UVXY                                         
Sell Stock/Fund:  

Sell (to Open) Covered CALL:   
Buy (To Close) Covered Call:               

Sell (to Open) Cash Secured PUT:  NUGT, UVXY
Buy (to Close) Cash Secured PUT:         

See the details on each of these transactions below the Weekly Summary table.

The world market indices were mostly UP this week on good earnings reports. 


The NASDAQ hit a new all time high this week, and the other US indexes (Dow, S&P 500) are now back to within 1.5% of their all time highs.  The ShangHai Index (SSE) was up this week and is now up 93% from its 52 Week Low. 
See the Yahoo Year to Date chart for SSE here: 

The price of oil went DOWN this week and ended at $50.89, down from $52.74 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:  UVXY
Buy Date: 7/17/2015
Buy Price:  $30
Target Sell Price:  $38
I sold this PUT on Monday July 13, and UVXY continued dropping to end the week at $27.52.  I will sell a CALL next week at a strike of $38 with expiration date of Aug. 7, 2015.

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: 
Sell to Open Date:
Expiration Date:   
Strike Price: 
Option Price: 

Option: Sell to Open Covered CALL 
Stock Symbol: 
Sell to Open Date:  
Expiration Date:   
Strike Price: 
Option Price: 

Option: Sell to Open Covered CALL 
Stock Symbol: 
Sell to Open Date:
Expiration Date:   
Strike Price: 
Option Price: 

Option: Sell to Open Covered CALL 
Stock Symbol: 
Sell to Open Date:  
Expiration Date:   
Strike Price: 
Option Price: 

Option: Buy to Close Covered CALL 
Stock Symbol:
Original Sell to Open Date:
Original Expiration Date: 
Buy to Close Date:
Strike Price:
Option Price:

Sell (to Open) Cash Secured PUT:  NUGT, USO
Option: Sell to Open Cash Secured PUT 
Stock Symbol:  NUGT
Sell to Open Date:  July 8, 2015
Expiration Date:  Dec. 18, 2015
Strike Price:  $6
Option Price:  $1.00
Last week, NUGT dropped to the bottom of its 51 week trading range.  52 week low is $6.58.  This PUT looked good to me. 

Option: Sell to Open Cash Secured PUT 
Stock Symbol: UVXY 
Sell to Open Date:  July 13, 2015
Expiration Date:  July 17, 2015
Strike Price:  $30
Option Price:  $.35
I have been trading UVXY many times since October 2014.  I keep thinking I can get ahead of its price dropping curve because the UVXY option premiums are so high, >1% per week several dollars out of the money.  But now after 8 months of never getting ahead for very long and long term slowly losing money, I am trying to decide if there is a different way I can trade UVXY and actually make some money.  I will sell a PUT on Monday July 20 at a strike of $38 for this group of UVXY.  Since I am going out of town for the next 3 weeks, I will use an expiration date of Aug. 7.

Option: Sell to Open Cash Secured PUT 
Stock Symbol: NUGT 
Sell to Open Date:  July 13, 2015
Expiration Date:  Dec. 18, 2015
Strike Price:  $6
Option Price:  $1.25
NUGT has moved between $20.64 and $5.21 this year.  NUGT owns gold miner stocks and thus is a direct play on the price of gold.  Gold is at a 2 year low, but nowhere near its 5 year lows.  I believe that Gold will rise in value if the stock market goes down.





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
______________________________________________

To Remove Your Name from this email distribution list, reply to me and I will delete your name.


You can read this weekly ‘Investment Idea Sharing’ newsletter at our Ultimate Stock Finder blog: http://ultimatestockfinder.blogspot.com/

Sunday, July 12, 2015

Investment Idea Sharing July 11, 2015

Investment Idea Sharing – July 11, 2015 

See below for my personal stock market Buys or Sells for the past month:
Buy Stock/ Fund:                                           
Sell Stock/Fund:  UVXY

Sell (to Open) Covered CALL:  JDST, NUGT, USO, UVXY
Buy (To Close) Covered Call:               

Sell (to Open) Cash Secured PUT:  NUGT, USO
Buy (to Close) Cash Secured PUT:         

See the details on each of these transactions below the Weekly Summary table.

Last week I added Option Price look up capability to both Stock Evaluator and Mutual Fund Evaluator.  See Column BR in Stock Evaluator and Col. BQ in Mutual Fund Evaluator.  For PUT options, I am looking up the next Expiration Date at a Strike price that is rounded down to the nearest dollar from the Current Price.  I divide PUT Premium by Strike Price to get PUT % of Strike.  I am looking for options that pay at least 1% per week.  Note the button labeled “PUT %” that runs a macro to do a descending sort on “PUT Avg. % Weekly Return”.  I use these % returns as a starting point for finding good paying PUT options and then I adjust my strike price further below the current price to minimize the chances of getting the stock PUT to me while trying to stay above my 1% premium return.  Sometimes when I get far enough away with my strike to feel safe about not getting it PUT to me, the option premium is below 1%, so I keep looking for other stocks with safe strike prices and 1% premium return.  I can usually find a few every week.

The world market indices were mostly down this week.  The US indexes (Dow, S&P 500, NASDAQ) remain within 4% of their all time highs.  But, the ShangHai Index (SSE) was DOWN from 5,166 to 3,877 (25%) over the past month and is now only up 89% from its 52 Week Low. 

The price of oil went DOWN this week and ended at $52.74, down from $56.93 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:
Buy Date:
Buy Price: 
Target Sell Price:

Here are my Stock / Fund SELLs for This Week:
Stock Symbol: UVXY
Sell Date: July 2, 2015 
Sell Price: $39
Buy Price:  $85
Buy Date:  April 2, 2015
This UVXY was sold from a $17 PUT I sold on March 18 for $.58. 
UVXY then had the 5 to 1 split and continued going down so I ended up way under water. 
My plan was to sell weekly CALLs at my 1% target premium, and slowly dig out of that holw.  But on the week of June 22, when I sold this CALL UVXY started out at $33.56, but then jumped to $44 on June 29 and ended at $42 on expiration date of July 2.  So I got CALLed out at a loss.  This was about half of my UVXY holdings, and I will now keep my strike prices farther out of the money in order to, hopefully, prevent another high volatility week from getting me called out again.

Sell (to Open) Covered CALL:  JDST, NUGT, USO, UVXY
Here are my Option (CALL or PUT) Sells/Buys for This Week:
Option: Sell to Open Covered CALL 
Stock Symbol:  JDST
Sell to Open Date: June 22, 2015
Expiration Date:  July 17, 2015 
Strike Price:  $9
Option Price:  $.25
JDST has been moving between $7 and $10 for most of the days in 2015.  This JDST was PUT to me from a $9 PUT that I sold on 2/25/2015 for $1.65 with an Expiration date of 4/17/3015.  After it was PUT to me, I sold a $9 CALL for $1.25 that expired worthless on 5/15/2015.  Then JDST went down, so I was not able to sell another CALL until June 22.

Option: Sell to Open Covered CALL 
Stock Symbol:  NUGT
Sell to Open Date:  June 29, 2015
Expiration Date:  July 17, 2015 
Strike Price:  $9
Option Price:  $.44
NUGT has been moving between $9 and $13 since March 2015.  This NUGT was PUT to me from a $9 PUT that I sold on 6/22/2015 for $.31 with expiration date of 6/26/2015.  Now I am selling CALLs to make my 1% per week.

Option: Sell to Open Covered CALL 
Stock Symbol:  USO
Sell to Open Date: June 30, 2015
Expiration Date:  July 10, 2015 
Strike Price:  $20.50
Option Price:  $.15
The price of oil dropped after I sold this CALL due to the bad news from China and Greece.
So it expired worthless.  USO is now below $18 so my CALL premiums at strike of $20 or more are less than 1% so I will wait until oil comes back up before I sell any more CALLs.

Option: Sell to Open Covered CALL 
Stock Symbol:  UVXY
Sell to Open Date:  July 6, 2015
Expiration Date:  July 10, 2015 
Strike Price:  $62
Option Price:  $.65
At strike of $62 this CALL was as far out of the money as I could go to still get earn my 1% weekly premium.  UVXY was at $44.76 when I sold this CALL, but ended the week at $41.31 so my CALL expired worthless.  I will sell another 1% CALL next week at far out of the money.
  
Option: Buy to Close Covered CALL 
Stock Symbol:
Original Sell to Open Date:
Original Expiration Date: 
Buy to Close Date:
Strike Price:
Option Price:

Sell (to Open) Cash Secured PUT:  NUGT, USO
Option: Sell to Open Cash Secured PUT 
Stock Symbol:  NUGT
Sell to Open Date:  July 8, 2015
Expiration Date:  Dec. 18, 2015
Strike Price:  $6
Option Price:  $1.00
Last week, NUGT dropped to the bottom of its 51 week trading range.  52 week low is $6.58.  This PUT looked good to me. 

Option: Sell to Open Cash Secured PUT 
Stock Symbol: USO 
Sell to Open Date:  July 8, 2015
Expiration Date:  July 10, 2015
Strike Price:  $17
Option Price:  $.30
USO had been moving between $18.93 and $20.82 since April 29.  I have been Selling PUTs and CALLs as needed near $20 to continue making my 1% option premium per week.  This week USO dropped below $17 for a while on the bad news from China and Greece which I think was an overreaction, so I decided to sell this $17 PUT.  It expired worthless.  I will sell it again next week.

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
______________________________________________

To Remove Your Name from this email distribution list, reply to me and I will delete your name.


You can read this weekly ‘Investment Idea Sharing’ newsletter at our Ultimate Stock Finder blog: http://ultimatestockfinder.blogspot.com/