Investment Idea Sharing Feb. 7, 2015

Investment Idea Sharing – February 7, 2015 

See below for my personal stock market Buys or Sells for this week:

Buy Stock:  none                                      

Sell Stock: OPK

Sell (to Open) Covered CALL: none

Buy (To Close) Covered Call: none              

Buy (to Close) Cash Secured PUT: none     

Sell (to Open) Cash Secured PUT: USO, DUST

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

The world market indices were mostly up this week.  The price of oil continued up this week and ended this week at $51.69, up from $48.24 last week. 

See 8 Year Oil Price chart here:  http://futures.tradingcharts.com/chart/CL_/M?anticache=1383470013

I have added a new Pre-Screened version of StockEvaluator.xls that screens for companies with good fundamental values whose stock price has dropped more than 10% over the past month.  Download this new screened spreadsheet here:  http://www.ultimatestockfinder.com/stockevaluator_monthly_drop.xls

I continue to look for stocks that have good fundamental financial values, but stock prices near 52 week lows and, where possible, near 5 year lows. 

I am also looking for ETF’s that pay at least a 1% PUT Option premium for a 1 week expiration, at a strike price near their 52 week LOW.

Weekly Summary Table of Worldwide Market Index Closing values:

 http://www.ultimatestockfinder.com/weekly_index_summary.GIF

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: OPK

Sell Date:  2/4/2015

Sell Price:  $12.50

Buy Price:  $8.35

Buy Date:  2/14/2014

I bought Opko Health (OPK) on the hope that its founder, Dr. Philip Frost, would do the same thing with OPK that he has done for several other pharmaceutical companies he founded over the years and then sold to larger pharma companies.  I had sold a Covered CALL on OPK in June 2014 at Strike of $12.50 for $.60.  This call expired worthless in January 2015.  The news this week was that OPK was in a joint venture with Pfizer (PFE) to develop and commercialize a long acting human growth hormone.  I decided to take my 50% profit off the table and not wait for any more good news.

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: USO

Sell to Open Date: 2/2/2015

Expiration Date: 2/6/2015

Strike Price: $17.50

Option Price: $0.30

At $17.50/share, this option paid me 1.7% for a 1 week expiration time.

USO opened this week at $18.40 and closed at $19.47, so my PUT expired worthless.

Here is the Yahoo Profile for USO:  http://finance.yahoo.com/q/pr?s=USO+Profile

Here is the 5 year price chart for USO, note the HUGE drop since June 2014.  Also note that USO 52 week low is $16.73:  http://finance.yahoo.com/echarts?s=USO+Interactive#

Here is the 8 year commodity price chart for Oil:  http://futures.tradingcharts.com/chart/CL_/M?anticache=1383470013

Option: Sell to Open Cash Secured PUT 

Stock Symbol: DUST

Sell to Open Date: 2/2/2015

Expiration Date: 2/6/2015

Strike Price: $11

Option Price: $0.46

At $11/share, this option paid me 4.2% for a 1 week expiration time.

DUST opened this week at $12.82, then dipped to a low of $11.47, but ended the week at $13.45, so my PUT expired worthless.  I will look at selling another PUT on DUST on Monday.

Here is the Yahoo Profile for DUST:  http://finance.yahoo.com/q/pr?s=DUST+Profile

Here is the 5 year price chart for DUST, note the HUGE volatility since 2013.  Also note that DUST 52 week low is $11.07:  http://finance.yahoo.com/echarts?s=DUST+Interactive#

Here is the 2 year commodity price chart for actual Gold, note the LOW volatility since mid-2013:  http://futures.tradingcharts.com/chart/DG/W?anticache=1422132784

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:

http://www.ultimatestockfinder.com/mutualfund_short_list_criteria.JPG

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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