The Money Tree

Safely Generating Income in Retirement

Posts Tagged ‘WLT’

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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Weekly NP Strategy – DEC 23 Expiration

Posted by mounddweller on December 16, 2011

Fellow Traders,

This week our selection criteria returned 94 possible trades.  Of these I found 3 that were worthy of further review and analysis.

(1) CF Industries (CF) $120 strike price with a bid of $0.60.  The stock closed Thursday at $130.16.

(2) Halliburtion (HAL) $28 strike price with a bid of $0.15.  The stock closed Thursday at $31.26.

(3) Walter E (WLT) $57.50 strike price with a bid of  $0.41.  The stock closed Thursday at $62.71.

My schedule precludes me from doing much more for you in the way of due diligence.  I will tell you all three of these selections are strong, dividend paying companies with some level of support at or above the selected strike prices.

You can find the complete list of selections out on the Yahoo Weekly Options group board.  The URL is:

http://finance.groups.yahoo.com/group/weeklyoptions/files/

Best of luck to everyone this week.  Merry Christmas!

Regards,

Troy

 

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