Conservative Options Trades

Discussion in 'Journals' started by danshirley, Aug 21, 2011.

  1. oh come abuse me you arrogant abusive egotist.. i deserve it baby.. oh yeaahh.. haha
     
    #251     Aug 4, 2012
  2. danshirley puts people on ignore, log outs to read their posts, and then logs back in to reply to the people he has on ignore.

    [​IMG]



    :)
     
    #252     Aug 4, 2012
  3. He still has not addressed why he is posting on this option forum and not on the JOURNAL link ET has set up.
    I think we all know why.
    He could do exactly the same thing on the journal link.
    And it would be exactly as easy for him to access for posting and reviewing.
    Yet he posts here instead.
    He obviously craves the public attention, and he fears he won't get it on the JOURNAL site.
    Hence the reason he won't go there, and the reason he won't explain why he won't go there.
    He will now pretend to have me on ignore.
    LOL!
     
    #253     Aug 4, 2012
  4. You ARE on ignore....
    I had to log in to reply.

    [​IMG]

    I like that picture
     
    #254     Aug 4, 2012
  5. CWT:

    http://www.fool.com/investing/etf/2...ter-stocks.aspx

    http://finance.yahoo.com/news/calif...-204100557.html

    http://www.fool.com/investing/gener...s-sales-bu.aspx

    http://finance.yahoo.com/q/pr?s=CWT+Profile

    http://finance.yahoo.com/q/ks?s=CWT+Key+Statistics

    http://investing.money.msn.com/inve...ents?symbol=CWT

    http://finance.yahoo.com/q/bc?t=5y&...&ql=1&c=^GSPC

    http://finance.yahoo.com/q/bc?s=CWT...l=on&z=l&q=l&c=

    CWT pays a 3.4% dividend.

    Trade:

    Sell the Dec 17.50 put for .60... actually I sold it yesterday before it bounced.

    (EEEKKS I just sold a naked put)

    Yield = 60/1690 = 3.55% in 140 days or 9.26% annualized

    My intent with this naked short put is to be put at 17.50. This will allow me to make the 3.4% dividend and sell calls for another 6% at least for a continued net ann yield in the area of 9.4%.

    BTW I have tried repeatedly in the past to be put with CWT but it just doesn't happen. It's OK because the yield on the naked put is about equal to the dividend + CC.

    We'll see if this time is the charm.

    (Sorry but I don't have a headquarters picture for CWT)
     
    #256     Aug 4, 2012
  6. HUM:
    http://www.bloomberg.com/news/2012-...st-as-medicare-costs-increase.html?cmpid=yhoo

    http://finance.yahoo.com/news/humana-cuts-outlook-following-weak-224859543.html

    http://news.investors.com/article/6...tate-earnings-this-week.htm?ven=yahoocp,yahoo

    http://finance.yahoo.com/q/ks?s=HUM+Key+Statistics

    http://investing.money.msn.com/investments/financial-statements?symbol=hum

    http://finance.yahoo.com/q/bc?s=HUM&t=2y&l=on&z=l&q=l&c=

    Bearish Trade:
    Jan 85/87.5 bear call spread for $37
    Yield = 37/213= 17.4% in 171 days or 37.1% annualized
    Prob = 82%
    Expectation = .82(37) - .15(213) - .03(106) = 30.3 - 31.9 - 3.2 = -4.8

    Bullish Trade:
    Jan 55/50 bull put spread for $55
    Yield = 55/445 = 12.4% in 171 days or 26% annualized
    Prob = 83%
    Expectation = .83(55) - .08(445) - .09(222) = 45.6 - 35.6 - 20 = -10

    Both at once??

    [​IMG]
     
    #257     Aug 4, 2012
  7. HUM:
    http://www.bloomberg.com/news/2012-...st-as-medicare-costs-increase.html?cmpid=yhoo
    http://finance.yahoo.com/news/humana-cuts-outlook-following-weak-224859543.html
    http://news.investors.com/article/6...tate-earnings-this-week.htm?ven=yahoocp,yahoo
    http://finance.yahoo.com/q/ks?s=HUM+Key+Statistics
    http://investing.money.msn.com/investments/financial-statements?symbol=hum
    http://finance.yahoo.com/q/bc?s=HUM&t=2y&l=on&z=l&q=l&c=
    Bearish Trade:
    Jan 85/87.5 bear call spread for $37
    Yield = 37/213= 17.4% in 171 days or 37.1% annualized
    Prob = 82%
    Expectation = .82(37) - .15(213) - .03(106) = 30.3 - 31.9 - 3.2 = -4.8

    Bullish Trade:
    Jan 55/50 bull put spread for $55
    Yield = 55/445 = 12.4% in 171 days or 26% annualized
    Prob = 83%
    Expectation = .83(55) - .08(445) - .09(222) = 45.6 - 35.6 - 20 = -10

    Both at once??
    [​IMG]
     
    #259     Aug 4, 2012
  8. CWT:
    http://www.fool.com/investing/etf/2012/06/15/make-money-in-promising-water-stocks.aspx
    http://finance.yahoo.com/news/california-water-group-announces-second-204100557.html
    http://www.fool.com/investing/gener...a-water-service-group-increases-sales-bu.aspx
    http://finance.yahoo.com/q/pr?s=CWT+Profile
    http://finance.yahoo.com/q/ks?s=CWT+Key+Statistics
    http://investing.money.msn.com/investments/financial-statements?symbol=CWT
    http://finance.yahoo.com/q/bc?t=5y&s=CWT&l=on&z=l&q=l&c=&ql=1&c=^GSPC
    http://finance.yahoo.com/q/bc?s=CWT&t=5y&l=on&z=l&q=l&c=

    CWT pays a 3.4% dividend.

    Trade:

    Sell the Dec 17.50 put for .60... actually I sold it yesterday before it bounced.

    (EEEKKS I just sold a naked put)

    Yield = 60/1690 = 3.55% in 140 days or 9.26% annualized

    My intent with this naked short put is to be put at 17.50. This will allow me to make the 3.4% dividend and sell calls for another 6% at least for a continued net ann yield in the area of 9.4%.

    BTW I have tried repeatedly in the past to be put with CWT but it just doesn't happen. It's OK because the yield on the naked put is about equal to the dividend + CC.

    We'll see if this time is the charm.

    [​IMG]
     
    #260     Aug 4, 2012