Investment Idea Sharing June 20, 2015

Investment Idea Sharing – June 20, 2015 

The next newsletter will not be until July 12 due to vacation. 

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

Buy Stock/ Fund:                                           

Sell Stock/Fund:  USO

Sell (to Open) Covered CALL:  UVXY, USO

Buy (To Close) Covered Call:               

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

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 down this week.  The US indexes (Dow, S&P 500, NASDAQ) remain within 2% of their all time highs.  But, the ShangHai Index (SSE) was DOWN 13.3% this week and is now only up 121% from its 52 Week Low. 

See the Yahoo 5 year chart for SSE here:

http://finance.yahoo.com/echarts?s=000001.SS+Interactive#{"range":"5y","allowChartStacking":true}

I could not find any good, logical stories on why the SSE dropped this week.

The price of oil went DOWN this week and ended at $59.61, down from $59.96 last week. 

See the 6 Month Oil Price chart here: 

http://futures.tradingcharts.com/chart/CL_/75?anticache=1434759105

Here is a great chart showing the oil production in Millions of barrels per day of the countries of the world for each year from 2004 to 2014.

http://money.cnn.com/interactive/news/economy/worlds-biggest-oil-producers/

Weekly Summary Table of Worldwide Market Index Closing values:

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

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: USO

Sell Date: June 19, 2015  

Sell Price: $20

Buy Price:  $20

Buy Date:  Jan. 21, 2015

This USO was sold from the $20 CALL I sold on April 2 for $.60 

USO closed this week at $20.02 so it got CALLed away from me.

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: June 15, 2015

Expiration Date: June 19, 2015  

Strike Price: $46.0

Option Price:  $.56

This CALL expired worthless because UVXY closed at $36.95.  I will try to sell a similar CALL again on Monday with a 1 week expiration and minimum 1% option premium.

Option: Sell to Open Covered CALL 

Stock Symbol:  USO

Sell to Open Date: June 18, 2015

Expiration Date: June 26, 2015  

Strike Price: $20.50

Option Price:  $.26

This CALL pays me 1.2% for an 8 day out expiration.   

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:  NUGT

Sell to Open Date:  June 17, 2015

Expiration Date:  June 19, 2015

Strike Price:  $8.50

Option Price:  $.10

This paid me 1.2% for a 2 day expiration.  NUGT was at $8.95 when I sold this PUT and closed the week at $9.46, so this PUT expired worthless.   

Option: Sell to Open Cash Secured PUT 

Stock Symbol:  USO

Sell to Open Date:  June 18, 2015

Expiration Date:  June 26, 2015

Strike Price:  $20.00

Option Price:  $.24

USO has been moving between $19.60 and $20.82 since April 29.  I am Selling PUTs and CALLs as needed near $20 to continue making my 1% option premium per week. 

Here is the Yahoo Historical Price Chart: http://finance.yahoo.com/q/hp?s=USO+Historical+Prices

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:

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.

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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