Conservative Options Trades

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

  1. USO:

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

    http://finance.yahoo.com/news/barrons-recap-why-invest-oil-191514182.html

    http://finance.yahoo.com/news/number-us-oil-rigs-keeps-180200605.html

    http://finance.yahoo.com/news/goldman-recent-decline-oil-rigs-214955374.html

    http://finance.yahoo.com/news/think-u-oil-production-slowing-154547254.html

    Trade:
    with USO at 19.62
    Jan '17 15/20 bull call spread for a net debit of $264

    Price............Profit / Loss............ROI %
    11.25..............(264.00)............-100.00%
    13.89..............(264.00)............-100.00%
    15.00..............(264.00)............-100.00%
    16.67................(97.30)..............-36.86%
    17.64...................0.00..................0.00%
    19.44................180.40................68.33%
    20.00................236.00................89.39%
    22.22................236.00................89.39%
    25.00................236.00................89.39%
     
    #931     Feb 17, 2015
  2. http://online.barrons.com/news/articles/SB51367578116875004693704580451983146427978?mod=yahoobarrons&ru=yahoo

    http://finance.yahoo.com/news/define-depressed-153613584.html

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

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

    http://stockcharts.com/h-sc/ui?s=dg
    Trade:
    with DG at 69.56
    Jan '16 55/52.5 bull put spread for a net credit of $30
    Yield = 30/220 = 13.6% in 331 days or 15% annualized
    Prob = 76%
    Expectation = .76(30) - .19(220) - .05(110) = 22.8 - 41.8 - 5.5 = -24.5

    Price..........Profit / Loss...............ROM %
    45.00............(220.00).................-88.00%
    50.00............(220.00).................-88.00%
    52.50............(220.00).................-88.00%
    54.70.................0.00......................0.00%
    55.00...............30.00.....................13.60%
    60.00...............30.00.....................13.60%
    65.00...............30.00.....................13.60%
    70.00...............30.00.....................13.60%
    75.00...............30.00.....................13.60%
     
    Last edited: Feb 18, 2015
    #932     Feb 18, 2015
  3. WMT:

    http://finance.yahoo.com/news/wal-mart-wmt-beats-q4-144902258.html

    http://abcnews.go.com/Business/wireStory/wal-mart-beats-4q-profit-forecasts-29072988

    http://fortune.com/2015/02/19/walmarts-holiday-results/?xid=yahoo_fortune

    http://finance.yahoo.com/news/wal-marts-ceo-just-made-145018105.html

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

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

    http://finance.yahoo.com/q/co?s=WMT Competitors

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

    Trade:
    With WMT at 83.51
    Sept 92.5/97.5 Bear call spread for a net credit of $41
    Yield = 41/459 = 8.9% in 210 days or 15.5% annualized
    Prob = 77%
    Expectation = .77(41) - .13(459) - .10(230) = 31.6 - 59.7 - 23 = -51


    Price..............Profit / Loss...........ROM %
    70.00................41.00....................8.90%
    80.00................41.00....................8.90%
    90.00................41.00....................8.90%
    92.50................41.00....................8.90%
    92.91..................0.00....................0.00%
    97.50.............(459.00)...............-91.80%
    100.00............(459.00)..............-91.80%
    105.00............(459.00)..............-91.80%
    115.00............(459.00)..............-91.80%
     
    Last edited: Feb 20, 2015
    #933     Feb 20, 2015
  4. CL:

    http://finance.yahoo.com/news/colgate-palmolive-beats-4q-profit-122147676.html

    http://finance.yahoo.com/news/colgate-lifts-dividend-issues-share-184006855.html

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

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

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

    Trade:
    With CL at 70.24
    Jan '16 57.5/52.5 bull put spread for a net credit of $35
    Yield = 35/465 = 7.5% in 328 days or 8.4% annualized
    Prob = 93%
    Expectation = .93(35) - .02(465) - .05(233) = 32.6 - 9.3 - 11.6 = 11.7

    Price...............Profit / Loss...........ROM %
    40.00...............(465.00)..............-93.00%
    45.00...............(465.00)..............-93.00%
    52.50...............(465.00)..............-93.00%
    57.15....................0.00..................0.00%
    57.50..................35.00...................7.50%
    60.00..................35.00...................7.50%
    65.00..................35.00...................7.50%
    70.00..................35.00...................7.50%
    80.00..................35.00...................7.50%
     
    Last edited: Feb 21, 2015
    #934     Feb 21, 2015
  5. VDSI:

    http://finance.yahoo.com/news/3-impressive-cyber-security-stocks-014101282.html

    http://news.investors.com/022015-74...-rising.htm?ven=yahoocp&src=aurlled&ven=yahoo

    http://blogs.barrons.com/techtrader...-dougherty-defends/?mod=yahoobarrons&ru=yahoo

    http://finance.yahoo.com/echarts?s=VDSI Interactive#

    Trade:
    With VDSI at 26.16
    Sept 15/12.5 bull put spread for a net credit of $38
    Yield = 38/212 = 17.9% in 206 days or 32% annualized
    stock price too erratic for probability and expectation calculations

    Price................Profit / Loss.............ROM %
    10.00..................(212.00).................-84.80%
    12.50................(212.00)...................-84.80%
    13.85................(76.80).....................-30.72%
    14.62...................0.00.........................0.00%
    15.00.................38.00........................15.20%
    20.00.................38.00........................15.20%
    22.50.................38.00........................15.20%
    25.00.................38.00........................15.20%
    30.00.................38.00........................15.20%

    The trade is conservative but the stock is not
     
    Last edited: Feb 24, 2015
    #935     Feb 24, 2015


  6. Conservative Option Trades is an oxymoron. Options are not a conservative way of trading, they are high risk no matter how you trade them.



    :)
     
    #936     Feb 24, 2015
  7. CL:

    http://finance.yahoo.com/news/colgate-palmolive-beats-4q-profit-122147676.html

    http://finance.yahoo.com/news/colgate-lifts-dividend-issues-share-184006855.html

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

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

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

    Trade:
    With CL at 70.24
    Jan '16 57.5/52.5 bull put spread for a net credit of $35
    Yield = 35/465 = 7.5% in 328 days or 8.4% annualized
    Prob = 93%
    Expectation = .93(35) - .02(465) - .05(233) = 32.6 - 9.3 - 11.6 = 11.7

    Price...............Profit / Loss...........ROM %
    40.00...............(465.00)..............-93.00%
    45.00...............(465.00)..............-93.00%
    52.50...............(465.00)..............-93.00%
    57.15....................0.00..................0.00%
    57.50..................35.00...................7.50%
    60.00..................35.00...................7.50%
    65.00..................35.00...................7.50%
    70.00..................35.00...................7.50%
    80.00..................35.00...................7.50%
     
    #937     Feb 25, 2015
  8. VDSI:

    http://finance.yahoo.com/news/3-impressive-cyber-security-stocks-014101282.html

    http://news.investors.com/022015-74...-rising.htm?ven=yahoocp&src=aurlled&ven=yahoo

    http://blogs.barrons.com/techtrader...-dougherty-defends/?mod=yahoobarrons&ru=yahoo

    http://finance.yahoo.com/echarts?s=VDSI Interactive#

    Trade:
    With VDSI at 26.16
    Sept 15/12.5 bull put spread for a net credit of $38
    Yield = 38/212 = 17.9% in 206 days or 32% annualized
    stock price too erratic for probability and expectation calculations

    Price................Profit / Loss.............ROM %
    10.00..................(212.00).................-84.80%
    12.50................(212.00)...................-84.80%
    13.85................(76.80).....................-30.72%
    14.62...................0.00.........................0.00%
    15.00.................38.00........................15.20%
    20.00.................38.00........................15.20%
    22.50.................38.00........................15.20%
    25.00.................38.00........................15.20%
    30.00.................38.00........................15.20%

    The trade is conservative but the stock is not
     
    #938     Feb 25, 2015
  9. LOW:

    http://finance.yahoo.com/news/lowes-low-q4-earnings-beat-130001932.html

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

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

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


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

    Trade:
    with LOW at 75.20
    Oct 55/50 bull put spread for a net credit of $26
    Yield = 26/474 = 5.6% in 233 days or 8.6% annualized
    Prob = 92%
    Expectation = .92(26) - .03(474) - .05(237) = 23.92 - 14.22 - 11.85 = -2.15

    Price..............Profit / Loss...........ROM %
    37.50...............(474.00)................-94.80%
    45.00...............(474.00)................-94.80%
    50.00...............(474.00)................-94.80%
    54.74....................0.00....................0.00%
    55.00..................26.00....................5.60%
    60.00..................26.00....................5.60%
    70.00..................26.00....................5.60%
    80.00..................26.00....................5.60%
    90.00..................26.00....................5.60%
     
    Last edited: Feb 25, 2015
    #939     Feb 25, 2015
  10. ALKS:

    http://finance.yahoo.com/news/alkermes-falls-pipeline-news-q4-143202065.html

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

    Trade:
    with ALKS at 70.32
    Aug 85/90 bear call spread for a net credit of $95
    Yield = 95/405 = 23% in 177 days or 48% annualized
    Prob = 77%
    Expectation = .77(95) - .18(405) - .05(203) = 73.15 - 72.9 - 10.15 = -10

    Price...................Profit / Loss............ROM %
    52.56....................95.00.......................23.00%
    64.06....................95.00.......................23.00%
    76.17....................95.00.......................23.00%
    85.00....................95.00.......................23.00%
    85.95......................0.00.........................0.00%
    88.28..................(233.20)....................-46.64%
    90.00..................(405.00)....................-81.00%
    100.39................(405.00)....................-81.00%
    112.50................(405.00)....................-81.00%
     
    #940     Feb 25, 2015