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.
Read more here: http://www.wsj.com/articles/nasdaq-composite-poised-to-push-further-into-record-territory-1437135822?ru=yahoo?mod=yahoo_itp
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.
UVXY chart: https://finance.yahoo.com/echarts?s=UVXY+Interactive#{"range":"ytd","allowChartStacking":true}
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.
NUGT chart: https://finance.yahoo.com/echarts?s=NUGT+Interactive#{"range":"ytd","allowChartStacking":true}
2 Year Price of gold chart: http://futures.tradingcharts.com/chart/DG/W?anticache=1437330762
5 Year Price of gold chart: http://futures.tradingcharts.com/chart/DG/M?anticache=1437330777
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.
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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