Weekly Put Stock Options Worksheet
The FATBOYS got these out early this week. I just look at the top 10-15.
If you want to know how they generate the list, click here. OK, lets get to it.
Here's the list:(Stocks)
And the ETF List:
Then I look at what I have already:
Then I do this:
Then I'd go look up the top 10 and see what news is coming out next week that might affect the stocks pricing (other than the Fed BS).
Then, IF I was smart I'd allocate the same dollar amount to 5-6 positions.
Hmmm. Looks like I get a +$1,250.00 premium credit and my cash required goes up from $116,045.00 to $117,345.00, so that's a wash. Back to the new positions....
Will I roll the dice on SHLD again with the $7 Puts?? Seems like the $6.50's would be the only "safe" option = a paltry 8.7% yield.
or ANF? I've not been in one of their stores for 20 years. If I was feeling it, I'd take the $13.00. Of course the $12.50 is the safer play there, but you'd only get $0.35ish taking the yield down to under 10%.
What's really funny to me is that here I am crying over getting only 8% IN A WEEK.
If you look here, people are doing cartwheels over 8% IN A YEAR.
What's the world coming too?
Disclosure: I am/we are long TRUMP.
Additional disclosure: it's raining today, can you tell?