Dwight's Picks: 2014

Saturday, December 13, 2014

Nasdaq Summation Index (12 Dec 14): Bearish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining. Renko Charts make it easier to determine the general market trend.

Inverse ETFs (12 Dec 14): SPXU $41.74

Buy (24) shares SPXU @ $41.74
Target Price (15%): $48.00

Long Put (12 Dec 14): IWM $114.71

IWM $114.71
Buy (1) Jan 16 95 P @ $5.30
Target Price (35%): $6.70

Bear Put Spread (12 Dec 14): IWM $114.71

IWM $114.71
Buy (2) Mar 15 116 P @ $6.54   D: 0.51
Sell (2) Mar 15 111 P @ $4.16   D: 0.38
Net Debit: $2.38   Target Price (50%): $3.60

E-Mini S&P 500 (12 Dec 14): ESH15 1992.50

ESH15 1992.50
Buy (1) Mar 15 1580 P @ $10.00 Net Debit: $500.00
Target Price (50%): $15.00 Net Credit: $750.00

Light Crude Oil (12 Dec 14): CLH15 58.08

CLH15 58.08
Buy (1) Mar 15 40 P @ $0.33 Net Debit: $330.00
Target Price (50%): $0.50 Net Credit: $500.00

Calendar Call Spread (12 Dec 14): ACHN $13.28

ACHN $13.28
Buy (2) Jan 16 15 C @ $5.40   IV: 105.1
Sell (2) Jan 15 15 C @ $3.00   IV: 267.0
Net Debit: $2.40   Target Price (50%): $3.60

Friday, December 5, 2014

Nasdaq Summation Index (5 Dec 14): Bullish

Leveraged ETFs (5 Dec 14): SOXL $145.98

Buy (7) shares SOXL @ $145.98
Target Price (15%): $167.90

Long Call (5 Dec 14): SPY $208.00

SPY $208.00
Buy (1) Jan 16 225 C @ $4.65
Target Price (35%): $6.30

Bull Call Spread (5 Dec 14): SPY $208.00

SPY $208.00
Buy (2) Mar 15 209 C @ $4.64
Sell (2) Mar 14 214 C @ $2.27
Net Debit: $2.37 Target Price (50%): $3.60

E-Mini S&P 500 (5 Dec 14): ESH15 2069.25

ESH15 2069.25
Buy (1) Mar 15 2185 C @ $10.25 Net Debit: $512.50
Target Price (50%): $16.00 Net Credit: $800.00

Long Call (5 Dec 14): PFE $31.99

PFE $31.99
Buy (1) Jan 16 28 C $4.60
Target Price (35%): $6.25

Calendar Call (5 Dec 14): ACHN $14.81

ACHN $14.81
Buy (1) Jan 16 15 C @ $6.00   IV: 95.5
Sell (1) Jan 15 15 C @ $3.90   IV: 212.2
Net Debit: $2.10   Target Price (50%): $3.15

Calendar Call (5 Dec 14): ACHN $14.81

ACHN $14.81
Buy (1) Jan 16 15 C @ $6.00   IV: 95.5
Sell (1) Jan 15 15 C @ $3.90   IV: 212.2
Net Debit: $2.10   Target Price (50%): $3.15

Saturday, November 29, 2014

Nasdaq Summation Index (28 Nov 14): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Leveraged ETFs (28 Nov 14): TQQQ $105.38

Buy (10) shares TQQQ @ $105.38
Target Price (15%): $121.20

Long Call (28 Nov 14): SPY $207.20

SPY $207.20
Buy (1) Jan 16 225 C @ $4.64
Target Price (35%): $6.30

Bull Call Spread (28 Nov 14): QQQ $106.01

QQQ $106.01
Buy (2) Mar 15 106 C @ $3.40
Sell (2) Mar 15 111 C @ $1.16
Net Debit: $2.24 Target Price (50%): $3.40

E-Mini S&P 500 (28 Nov 14): ESH15 2059.25

ESH15 2059.25
Buy (1) Mar 15 2195 C @ $10.00 Net Debit: $500.00
Target Price (50%): $15.00 Net Credit: $750.00

Long Call (28 Nov 14): QQQ $106.01

QQQ $106.01
Buy (1) Jan 16 110 C @ $5.49
Target Price (35%): $7.50

Calendar Call Spread (28 Nov 14): ACHN $12.87

ACHN $12.87
Buy (1) Jan 16 15 C @ $5.60   IV: 95.5
Sell (1) Dec 14 15 C @ $2.05   IV: 239.8
Net Debit: $3.55   Target Price (50%): $5.40

Saturday, November 22, 2014

Nasdaq Summation Index (21 Nov 14): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Leveraged ETFs (21 Nov 14): UPRO $133.89

Buy (8) shares UPRO @ $133.89
Target Price (15%): $154.00

Long Call (21 Nov 14): IWM $116.58

IWM $116.58
Buy (1) Jan 16 125 C @ $5.42
Target Price (35%): $7.40

Bull Call Spread (21 Nov 14): IWM $116.58

IWM $116.58
Buy (2) Mar 15 117 C @ $4.39
Sell (2) Mar 15 122 C @ $2.02
Net Debit: $2.37 Target Price (50%): $3.60

E-Mini S&P 500 (21 Nov 14): ESH15 2055.00

ESH15 2055.00
Buy (1) Mar 15 2185 C @ $10.50 Net Debit: $525.00
Target Price (50%): $16.00 Net Credit: $800.00

Long Call (21 Nov 14): SPY $206.68

SPY $206.68
Buy (1) Jan 16 225 C @ $4.48
Target Price (35%): $6.10

Calendar Call Spread (21 Nov 14): ACHN $13.16

ACHN $13.16
Buy (1) Jan 16 15 C @ $5.30   IV: 85.6
Sell (1) Dec 14 15 C @ $2.20   IV: 207.6
Net Debit: $3.10   Target Price (50%): $4.65

Saturday, November 15, 2014

Nasdaq Summation Index (14 Nov 14): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.

Leveraged ETFs (14 Nov 14): TQQQ $97.18

Buy (11) shares TQQQ @ $97.18
Target Price (15%): $111.80

Long Call (14 Nov 14): IWM $116.69

IWM $116.69
Buy (1) Jan 16 125 C @ $5.67
Target Price (35%): $7.70

Bull Call Spread (14 Nov 14): IWM $116.69

IWM $116.69
Buy (2) Jan 15 116 C @ $3.61
Sell (2) Jan 15 121 C @ $1.20
Net Debit: $2.41 Target Price (50%): $3.70

E-Mini S&P 500 (14 Nov 14): ESH15 2031.75

ESH15 2031.75
Buy (1) Mar 15 2170 C @ $10.50 Net Debit: $525.00
Target Price (50%): $16.00 Net Credit: $800.00

Long Call (14 Nov 14): SPY $204.24

SPY $204.24
Buy (1) Jan 16 220 C @ $5.25
Target Price (35%): $7.10

Calendar Call (14 Nov 14): ACHN $13.97

ACHN $13.97
Buy (1) Jan 16 15 C @ $5.80   IV: 98.3
Sell (1) Dec 14 15 C @ $2.60   IV: 165.5
Net Debit: $3.20   Target Price (50%): $4.80

Saturday, November 8, 2014

Nasdaq Summation Index (7 Nov 14): Bullish

The Nasdaq Summation Index ($NASI) is a market breath indicator. When it turns higher, a greater number of stocks are advancing. When it turns lower, a greater number of stocks are declining.