The Money Tree

Safely Generating Income in Retirement

Archive for April 19th, 2012

Weekly NP Strategy – 04/27/2012 Expiration

Posted by mounddweller on April 19, 2012

Fellow Traders,

You can find the results of my Weekly NP Strategy screen here: http://finance.groups.yahoo.com/group/CoveredCalls-NakedPuts_OptionStrategies/files/.

This week there are 90 trades from which to choose.  I found 3 that I thought were interesting, APPL, AMZN, and WLT.  I tried something different this week.  As part of my due diligence I ran the trades through Ron Groenke’s “Show the Trade” screen.  For those unfamiliar with Ron’s VISIONS software it uses proprietary models and algorithms to identify winning trades.   I found AMZN and WLT this way.  APPL I like simply because I don’t think it will fall to $550 before next Friday (4/27).

Also, wanted to apologize for not posting much of late.  I’ve been very busy and it has been hard to keep up with the markets.

Regards,

Troy

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