Friday, November 30, 2007

Option Trading Credit Spreads for Dec 07 & Jan 08

Dec 07 & Jan 08 Growth Stock Option Credit Spreads

30 Nov Jon Schiller Filter using JS Software: HseZackFilter.xls

Hsu Growth Stock List: LFC, CHL, CEO, RIO, FMCN, EDU, SNP, SFP, TSM

Filter Results:

  • 4 Credit Spreads to Consider for last 3 weeks of Dec Option Month
  • 4 Credit Spreads to Consider for Jan 08 Option Month

Best on %Ret DEC





CEO Dec P180/175 3.40 InitCrdt = $1,346 Margin = $2,000 %Ret = 67.29%
RIO Dec P35/32.5 0.95 InitCrdt = $366 Margin = $1,000 %Ret = 36.58%
LFC Dec P80/75 1.80 InitCrdt = $706 Margin = $2,000 %Ret = 35.29%
CHL Dec P90/85 2.02 InitCrdt = $794 Margin = $2,000 %Ret = 39.69%
STP Dec P55/50 1.75 InitCrdt = $686 Margin = $2,000 %Ret = 34.29%
TOT =


$3,897
$9,000
43.30%

Best on %Ret JAN





CEO Jan P180/175 1.80 InitCrdt = $706 Margin = $2,000 %Ret = 35.29%
RIO Jan P35/32.5 1.05 InitCrdt = $406 Margin = $1,000 %Ret = 40.58%
LFC Jan P80/75 1.20 InitCrdt = $466 Margin = $2,000 %Ret = 23.29%
CHL Jan P90/85 3.00 InitCrdt = $1,186 Margin = $2,000 %Ret = 59.29%
STP Jan P55/50 3.70 InitCrdt = $1,466 Margin = $2,000 %Ret = 73.29%
TOT =


$4,229
$9,000
46.99%










Zack Growth Stock List: AAPL, WPZ, NOK, LEA, PLXF, RDY

Filter Results:

  • 4 Credit Spreads to Consider for last 3 weeks of Dec Option Month
  • 4 Credit Spreads to Consider for Jan 08 Option Month

  • Best on %Ret DEC





    AAPL Dec P180/175 1.90 InitCrdt = $746 Margin = $2,000 %Ret = 37.29%
    WPZ Dec P40/35 0.55 InitCrdt = $206 Margin = $2,000 %Ret = 10.29%
    PLXF Dec P25/22.5 0.50 InitCrdt = $186 Margin = $1,000 %Ret = 18.58%
    TOT =


    $1,137
    $5,000
    22.75%


Best on %Ret JAN





AAPL Jan P180/175 2.10 InitCrdt = $826 Margin = $2,000 %Ret =
WPZ Jan P40/35 0.45 InitCrdt = $166 Margin = $2,000 %Ret =
PLXF Jan P25/22.5 0.55 InitCrdt = $206 Margin = $1,000 %Ret =
RDY Jan P15/12.5 0.45 InitCrdt = $166 Margin = $1,000 %Ret = 16.58%
TOT =


$1,363
$6,000
22.72%

Please note the leverage for your capital. For a Margin of $6000 in your Options Trading account you would receive an Initial Credit of $1,363 or a return on margin of 22.72% for one month which is an annual return of 272%. Remember there is risk in trading options, and options trading is not for everyone!

Note: to implement any of these credit spreads, Use my Options Trading Software: SelfAdapDTN4 Cost $70 using DTN.IQ realtime data which is about $40/Mo. My User's manual explains how to subscribe to the DTN.IQ data service. Order by sending email to Jon Schiller, PhD email: jonsch1@verizon.net

Pay by check to:

Emilie Smyth

700 E. Pine Ave #118

Lompoc, CA 93436

1 comment:

Jon Schiller, PhD said...

Weekly OEX Options Condor expiration 6 Nov 09 using Weekly 2 sigma for computing Short Call 500 and Short Put 465
C500/505 & P465/460
Using DTN.IQ real time data at close
30 Oct 09
Author: Dr. Jon Schiller