Conservative Options Trades

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

  1. Cree:

    http://finance.yahoo.com/news/cree-misses-street-1q-forecasts-203623658.html

    http://finance.yahoo.com/news/cree-announces-increase-company-stock-223000643.html

    http://finance.yahoo.com/q/is?s=CREE

    http://www.forbes.com/sites/peterde...nt-led-light-bulb-from-cree/?partner=yahootix

    http://finance.yahoo.com/echarts?s=CREE Basic Chart#{"range":"5y","scale":"linear"}


    Trade:
    With CREE at 31.51
    Jan 25/20 bull put spread for a net credit of $25
    Yield = 25/475 = 5.26% in 68 days or 28.2% annualized
    Prob = 90%
    Expectation = .9(25) - .01(475) - .09(237) = 22.5 - 4.75 - 21.3 = -3.6

    Price...........Profit / Loss.......ROM %
    15.00...........(475.00).............-95.00%
    20.00...........(475.00).............-95.00%
    24.61...........(14.30)................-2.86%
    24.75..............0.00..................0.00%
    25.00............25.00..................5.26%
    30.00............25.00..................5.26%
    35.00............25.00..................5.26%
    40.00............25.00..................5.26%
     
    Last edited: Oct 30, 2014
    #871     Oct 30, 2014
  2. UCO:
    Crude oil prices continue to decline:

    http://finance.yahoo.com/echarts?s=UCO Basic Chart#{"range":"1y","scale":"linear"}

    http://www.thestreet.com/story/1293...-price-prediction.html?puc=yahoo&cm_ven=YAHOO

    http://blogs.barrons.com/focusonfun...ll-for-fourth-week/?mod=yahoobarrons&ru=yahoo

    http://www.thestreet.com/story/1292...alyst-reports-play-havoc-with-oil-sector.html

    http://blogs.barrons.com/focusonfun...opec-gets-stubborn/?mod=yahoobarrons&ru=yahoo

    http://finance.yahoo.com/tumblr/pho...sualized-on-a-beautiful-map-of-182301721.html

    Trade:
    with UCO at 24.04
    Apr 24/22 bear put spread for a net debit of $93.

    Price..........Profit / Loss.........ROI %
    16.50...........107.00...............115.05%
    19.10...........107.00...............115.05%
    21.84...........107.00...............115.05%
    22.00...........107.00...............115.05%
    24.00...........(93.00).............-100.00%
    24.58...........(93.00).............-100.00%
    27.31...........(93.00).............-100.00%
    30.05...........(93.00).............-100.00%
     
    #872     Nov 1, 2014
  3. hey Dan, not sure if you'll respond to this, but I'm wondering if I'm blind or is this trade too good to be true.

    TZA @13.60 current price
    Nov 28 13.50 CALL 1.15
    Nov 28 13.50 PUT 0.4

    This looks like an arbitrage risk free profit...or is bigcharts glitched out?
    http://postimg.org/image/8uca61pt5/ image URL


    [​IMG]
     
    #873     Nov 2, 2014
  4. TZA
    For TZA 11/28
    with TZA at 13.60
    13.5 NOV 28 straddle
    Cost = $164
    at expiration:

    Price............Profit / Loss..........ROI %
    10.13...........173.50...........105.79%
    11.44............41.60..............25.37%
    11.86..............0.00...............0.00%
    12.83...........(97.30)...........-59.33%
    13.50...........(164.00)........-100.00%
    14.22...........(91.80)............-55.98%
    15.14..............0.00................0.00%
    15.61.............47.10..............28.72%
    17.00............186.00............113.41%
     
    #874     Nov 2, 2014
  5. BKW:

    http://finance.yahoo.com/news/burger-king-reports-3q-loss-125149475.html

    http://stockcharts.com/h-sc/ui?s=bkw

    Trade:
    with BKW at 32.2
    Jan 35/38 bear call spread for a net credit of $75
    Yield = 75/225 = 33.3% in 73 days or 167% annualized
    Prob = 73%
    Expectation = .73(75) - .12(225) - .15(113) = 54.75 - 27 - 17 = 11

    Price........Profit / Loss.........ROM %
    24.23.........75.00..................33.00%
    28.69.........75.00..................33.00%
    33.39.........75.00..................33.00%
    35.00.........75.00..................33.00%
    35.75..........0.00....................0.00%
    38.00.......(225.00)..............-75.00%
    38.10.......(225.00)..............-75.00%
    42.80.......(225.00)..............-75.00%
    47.50.......(225.00)..............-75.00%
     
    #875     Nov 4, 2014
  6. DAL:
    http://investorplace.com/2014/11/delta-air-lines-bargain-fare-dal/#.VFrekrktCAw

    http://finance.yahoo.com/q/ks?s=DAL

    http://finance.yahoo.com/echarts?s=DAL&ql=1#{"range":"2y","scale":"linear"}

    Trade:
    With DAL at 41.87
    Sell Jan '16 35 put for $355 with intent to be put
    Yield on the put:
    Yield = 355/3145 = 11.29% in 435 days or 9.5% annualized
    Price...........Profit / Loss..........ROM %
    26.25...........(520.00).............-14.86%
    31.26...........(19.30)...............-0.55%
    31.45..............0.00...................0.00%
    35.00...........355.00................11.29%
    36.53...........355.00................11.29%
    41.80...........355.00................11.29%
    47.07...........355.00................11.29%
    52.34...........355.00................11.29%
     
    Last edited: Nov 5, 2014
    #876     Nov 5, 2014
  7. CSC:
    http://finance.yahoo.com/news/computer-sciences-tops-2q-profit-215810857.html

    http://finance.yahoo.com/news/computer-sciences-csc-q2-earnings-161002116.html

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

    http://www.msn.com/en-us/money/stockdetails/fi-126.1.CSC.NYS?symbol=CSC&form=PRFISH

    http://stockcharts.com/h-sc/ui?s=CSC

    Trade:
    with CSC at 59.00
    March 65/70 bear call spread for a net credit of $60
    Yield = 60/440 = 13.6% in 233 days or 21.4% annualized
    Prob = 70%
    Price............Profit / Loss.............ROM %
    44.25...............60.00...................13.60%
    52.55...............60.00...................13.60%
    61.29...............60.00...................13.60%
    65.00...............60.00...................13.60%
    65.60.................0.00....................0.00%
    70.00..............(440.00)...............-88.00%
    70.02..............(440.00)...............-88.00%
    78.76..............(440.00)...............-88.00%
    87.50..............(440.00)...............-88.00%
     
    #877     Nov 7, 2014
  8. GE:
    http://news.investors.com/111014-72...s-focus.htm?ven=yahoocp&src=aurlled&ven=yahoo

    http://news.morningstar.com/articlenet/article.aspx?id=669080&SR=Yahoo

    http://finance.yahoo.com/news/ge-profit-tops-estimates-margins-111931862.html

    http://finance.yahoo.com/echarts?s=GE Basic Chart#{"range":"2y","scale":"linear"}

    GE pays a 3.3% dividend

    Trade:
    With GE at 26.47
    Jun 22/18 bull put spread for a net credit of $23
    Yield = 23/377 = 6.1% in 220 days or 10.1% annualized
    Prob = 96%
    Expectation = .96(23) - .01(377) - .03(188) = 22.1 - 3.8 - 5.6 = 12.7

    Price............Profit / Loss...........ROM %
    12.00.............(377.00)...............-94.25%
    15.00.............(377.00)...............-94.25%
    18.00.............(377.00)...............-94.25%
    21.22...............(55.40)...............-13.85%
    21.77..................0.00...................0.00%
    22.00................23.00...................6.10%
    25.00................23.00...................6.10%
    30.00................23.00...................6.10%
    35.00................23.00...................6.10%
     
    #878     Nov 10, 2014
  9. FCAU:

    http://www.marketwatch.com/story/mo...er-get-ferrari-stake-2014-11-13?siteid=yhoof2

    http://en.wikipedia.org/wiki/Fiat_Chrysler_Automobiles

    http://www.msn.com/en-us/money/stockdetails/fi-126.1.FCAU.NYS?symbol=FCAU&form=PRFISB

    http://stockcharts.com/h-sc/ui?s=FCAU

    http://finance.yahoo.com/echarts?s=FCAU Interactive#{"range":"2y","scale":"linear"}

    Trade:
    Sell Jun 7.50 put for a net credit of $30
    Yield = 30/720 = 4.2% in 216 days or 7% annualized
    Prob = ??

    Price.........Profit / Loss..........ROM %
    5.63.........(157.50)..................-21.00%
    6.20.........(98.00)....................-14.00%
    7.20............0.00........................0.00%
    7.50..........30.00........................4.20%
    7.50..........30.00........................4.20%
    9.50..........30.00........................4.20%
    11.50........30.00........................4.20%
     
    Last edited: Nov 14, 2014
    #879     Nov 14, 2014
  10. CLX:
    http://www.bloomberg.com/news/2014-...mp-20-amid-ebola-flu-concerns.html?cmpid=yhoo

    http://finance.yahoo.com/news/cramer-stock-bond-135100163.html

    http://news.investors.com/111314-72...ividend.htm?ven=yahoocp&src=aurlled&ven=yahoo

    http://stockcharts.com/h-sc/ui?s=clx

    Trade:
    With CLX at 100.12
    Jan 90/87.5 bull put spread for a net credit of $18
    Yield = 18/232 = 7.75% in 63 days or 45% annualized
    Prob = 94%
    Expectation = .94(18) - .02(232) - .04(116) = 16.9 - 4.6 - 4.6 = 7.7

    If I do 5 contracts:
    Price............Profit / Loss..........ROM %
    65.63............(1160.00).............-92.80%
    77.05............(1160.00).............-92.80%
    87.50............(1160.00).............-92.80%
    89.07..............(373.00).............-29.84%
    89.82...................0.00...................0.00%
    90.00..................90.00................7.75%
    101.10................90.00................7.75%
    113.12................90.00................7.75%
    125.15................90.00................7.75%
     
    #880     Nov 14, 2014