Investment Idea Sharing – March 28, 2015
See below for my personal stock market Buys or
Sells for this week:
Buy Stock/ Fund: none
Sell Stock/Fund: none
Sell (to Open) Covered CALL: UVXY
Buy (To Close) Covered Call: none
Sell (to Open) Cash Secured PUT: UVXY
Buy (to Close) Cash Secured PUT: UVXY
See the details on each of these transactions
below the Weekly Summary table.
The world market indices were mostly down this
week. Read more here: http://finance.yahoo.com/news/p-500-clings-quarterly-gain-215925993.html
The price of oil went UP this week and ended at
$48.87, up from $46.57 last week.
See the 2 year weekly Oil Price chart here:
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:
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:
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: UVXY
Sell to Open Date: 3/26/2015
Expiration Date: 4/17/2015
Strike Price: $19
Option Price: $1.16
These UVXY shares had been PUT to me at $17 on
3/20/2015. UVXY is so volatile that the
PUT premiums were still pretty high when I looked a little farther into the
future for expiration date. I decided to
take some money off the table by selling this call which paid me a 6.1% premium
over the next 22 days, and if CALLed would also make me $2 profit between my
UVXY purchase price of $17 and the strike price of $19.
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: UVXY
Sell to Open Date: 3/25/2015
Expiration Date: 3/27/2015
Strike Price: $14
Option Price: $.22
I sold this PUT in my hope that UVXY would not
go below $14 because the S&P 500 was going down and the ^VIX was going up
on Monday and Tuesday this week. This
PUT paid me a 1.5% return for two days.
Option: Buy to Close Cash Secured PUT
Stock Symbol: UVXY
Sell to Open Date: 3/26/2015
Expiration Date: 3/27/2015
Strike Price:
$14
Option Price: $.01
In one day, UVXY jumped over $2.50 as the
S&P 500 continued going down sharply.
I was able to buy back my PUT from the day before for only $.01. I then turned around and immediately sold a
new cash secured PUT on UVXY at strike of $15, see below.
Option: Sell to Open Cash Secured PUT
Stock Symbol: UVXY
Sell to Open Date: 3/26/2015
Expiration Date: 4/2/2015
Strike Price:
$15
Option Price: $.44
I sold this PUT in my hope that UVXY would now
stay above $15 for another week. This
PUT paid me a 2.9% return for a week.
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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