Investment Idea Sharing – January 17, 2015
See below for my personal stock market Buys or
Sells for this week:
Buy Stock:
none Sell
Stock: CSCO
Buy (To Close) Covered Call: none Sell (to Open) Covered CALL: none
Buy (to Close) Cash Secured PUT: none Sell (to Open) Cash Secured PUT: SVXY & USO
See the details on these transactions below
the Weekly Summary table.
The world market indices were mixed this week. The price of oil stopped going down and ended
this week at $48.69, up from $48 last week.
Read more here: http://finance.yahoo.com/news/cruel-oil-market-math-conspiring-061740378.html
Oil price chart here:
I continue to look for stocks that have good
fundamental financial values, but stock prices near 52 week lows and, where
possible, 5 year lows.
Weekly Summary Table of Worldwide Market Index
Closing values:
Here are my Stock BUYs for This Week:
Stock Symbol:
Buy Date:
Buy Price:
Target Sell Price:
Here are my Stock SELLs for This Week:
Stock Symbol: CSCO
Sell Date: 1/15/2015
Sell Price:
$25
Buy Price: $19
Buy Date: 2/10/2011
I bought CSCO (Cisco Systems) in 2011 and then
sold Out Of The Money Covered Calls since then to provide steady income. This worked great for 3 years, but finally
CSCO went up above my strike price and I was Called out this week.
Here are my Mutual Fund BUYs for This Week:
Fund Symbol:
Buy Date:
Buy Price:
Target Sell Price:
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: 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: SVXY
Sell to Open Date: 1/12/2015
Expiration Date: 1/17/2015
Strike Price: $51
Option Price: $0.60 (at $51/share, this option
paid me 1.2% for a 1 week expiration time.
This is the same strike and option premium
that I sold last week. It expired worthless, so I sold it again this week. SVXY is an ETF (Exchange Traded Fund) that tracks
the S&P 500 by trading in short term futures of the VIX (S&P 500
Volatility Index). Due the high recent
volatility of the S&P 500, SVXY has been paying high PUT and CALL option
premiums for PUTs that are pretty far out of the money and near the 52 Week Low
for SVXY. I always set my PUT strike
prices close to the 52 week low which decreases my chances of getting it PUT to
me.
Option: Sell to Open Cash Secured PUT
Stock Symbol: USO
Sell to Open Date: 1/12/2015
Expiration Date: 1/17/2015
Strike Price: $17
Option Price: $0.22 (at $17/share, this option
paid me 1.3% for a 1 week expiration time.
I have been selling PUTs on USO as it went
down and sold $20 PUTs over the past 2 weeks which got PUT to me last
week. These $17 PUTs expired worthless
on Friday Jan 16. I will look at selling
more $17 PUTs on Tuesday.
Here is the 1 week chart for USO (note the
volatility this week): http://finance.yahoo.com/echarts?s=USO+Interactive#
Here is the Yahoo Finance Options table for USO:
Here is the Yahoo Finance 1 year chart for USO: http://finance.yahoo.com/echarts?s=USO#%7B%22range%22%3A%221y%22%2C%22scale%22%3A%22linear%22%7D
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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