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.
The world market indices were mostly down this
week. The US
See the Yahoo 3 month chart for SSE here: https://finance.yahoo.com/echarts?s=000001.SS+Interactive#{"range":"3mo","allowChartStacking":true}
The price of oil went DOWN this week and ended
at $52.74, down from $56.93 last week.
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
Option: Buy to Close Cash Secured PUT
Stock Symbol:
Sell to Open Date:
Expiration Date:
Strike Price:
Option Price:
Visit www.ultimatestockfinder.com to
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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.
Email: info@ultimatestockfinder.com
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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