Investment Idea Sharing – May 23, 2015
See below for my personal stock market Buys or
Sells for this week:
Buy Stock/ Fund: JDST
Sell Stock/Fund: none
Sell (to Open) Covered CALL: USO
Buy (To Close) Covered Call: none
Sell (to Open) Cash Secured PUT: USO
Buy (to Close) Cash Secured PUT: none
See the details on each of these transactions
below the Weekly Summary table.
The world market indices were mixed this week. The US indexes (Dow, S&P 500, NASDAQ)
remain near their all time highs. ShangHai
Index (SSE) was up 8.1% this week and continues its great run up of over 100%
for the past year.
See the Yahoo 10 year chart for SSE here:
The price of oil went UP this week and ended at
$59.72, up from $59.69 last week.
See the 6 month Oil Price chart here:
Weekly Summary Table of Worldwide Market Index
Closing values:
Here are my Stock / Fund BUYs for This Week:
Symbol:
JDST
Buy Date: 5/15/2015
Buy Price:
$8
Target Sell Price: $9
This JDST was from a PUT that I sold on April
21, 2015 for a premium of $0.85. JDST is
now at $7.12. I will wait until JDST
gets back to $8 before I sell a covered CALL.
But at this time, I have made a 10% return on these JDST shares from April
21 to May 15.
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:
USO
Sell to Open Date: 5/21/2015
Expiration Date: 5/29/2015
Strike Price: $20.50
Option Price:
$0.25
This USO was PUT to me at $20 on Jan. 9, 2015
from a PUT that I sold on January 2, 2015 for $0.45. USO went down from January to April, and when
it got back above $20, I was able to sell this $20.50 CALL. I have now earned $1.17 from the PUT/CALL
premiums ($0.45 + $0.25=$0.70) from the two option premiums. This is a 3.0% return on these USO shares
from Jan. 9 to May 21.
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: 5/22/2015
Expiration Date: 5/29/2015
Strike Price: $20
Option Price: $0.20
USO has been ranging around $20 for the past 3
weeks, so this PUT makes my 1% return for 1 week.
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.
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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