Dwight's Picks: March 2015

Saturday, March 28, 2015

Nasdaq Summation Index (27 Mar 15): 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.

Benchmark    Symbol    52-Wk High    Condition
Russell 2000      IWM         -2.55%          Bull Market
S&P 500            SPY           -2.63%         Bull Market
Dow 30              DIA           -3.04%         Bull Market
Nasdaq 100       QQQ          -3.56%         Bull Market

Leveraged ETFs (27 Mar 15): URTY $100.97

Buy (20) shares URTY @ $100.97
Target Price (10%): $111.10

Leveraged ETFs (27 Mar 15): TMF $95.66

Buy (21) shares TMF @ $95.66
Target Price (10%): $105.30

Leveraged ETFs (27 Mar 15): DTO $107.57

Buy (19) shares DTO @ $107.57
Target Price (10%): $118.40

20+ Yr Treasury (27 Mar 15): TLT $131.06

TLT $131.06
Buy (1) Jan 17 140 C @ $5.50 Delta: 0.44
Target Price (35%): $7.50

Starbucks Corp (27 Mar 15): SBUX $95.07

SBUX $95.07
Buy (1) Jan 16 100 C @ $5.30 Delta: 0.46
Target Price (35%): $7.20

Starbucks Corp (SBUX) announced 2-for-1 stock split, effective 8 Apr 15.

Covered Call (27 Mar 15): CLDN $21.09

Buy (100) shares CLDN @ $21.09
Sell (1) May 15 25 C @ $8.00
Net Debit: $13.09 Return Assigned: 98.5% (48 days)

Saturday, March 21, 2015

Nasdaq Summation Index (20 Mar 15): 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.

Benchmark     Symbol     % 52-Wk High    Condition
Russell 2000      IWM              +0.70%           Bull Market
Nasdaq 100        QQQ              -0.81%            Bull Market
S&P 500             SPY               -0.86%            Bull Market
Dow 30               DIA               -0.94%            Bull Market

Leveraged ETFs (20 Mar 15): SOXL $159.62

Buy (13) shares SOXL @ $159.62
Target Price (10%): $175.60

Leveraged ETFs (20 Mar 15): URTY $107.46

Buy (19) shares URTY @ $107.46
Target Price (10%): $118.20

Leveraged ETFs (20 Mar 15): BIB $180.98

Buy (11) shares BIB @ $180.98
Target Price (10%): $199.10

Russell 2000 (20 Mar 15): IWM $125.99

IWM $125.99
Buy (1) Jan 17 145 C @ $4.61 Delta: .29
Target Price (35%): $6.25

Covered Call (20 Mar 15): CLDN $26.28

Buy (100) shares CLDN @ $26.28
Sell (1) May 15 30 C @ $10.30
Net Debit: $15.98 Return Assigned: 102.5% (55 days)

Celladon (CLDN) is about to announce potentially pivotal trial results from a 250-patient heart-failure gene-therapy trial (CUPID-2) in April.

Starbucks Corp (20 Mar 15): SBUX $97.46

SBUX $97.46
Buy (1) Jan 16 100 C @ $6.30 Delta: .49
Target Price (35%): $8.50

Starbucks Corp (SBUX) announced 2-for-1 stock split, effective 8 Apr 15

Saturday, March 14, 2015

Nasdaq Summation Index (13 Mar 15): 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.

Leveraged ETFs (13 Mar 15): URTY $99.07

Buy (21) shares URTY @ $99.07
Target Price (10%): $109.00

Leveraged ETFs (13 Mar 15): BIB $160.87

Buy (13) shares BIB @ $160.87
Target Price (10%): $177.00

Russell 2000 (13 Mar 15): IWM $122.61

IWM $122.61
Buy (1) Jan 17 145 C @ $4.06
Target Price (35%): $5.50

U.S. Dollar Index (13 Mar 15): UUP $26.49

UUP $26.49
Buy (2) Jan 17 25 C @ $2.34
Target Price (35%): $3.20

Covered Call (13 Mar 15): WETF $21.17

Buy (100) shares WETF @ $21.17
Sell (1) Jun 15 22 C @ $1.30
Net Debit: $19.87 Return Assigned: 11.8% (97 days)

Covered Call (13 Mar 15): HZNP $22.47

Buy (100) shares HZNP @ $22.47
Sell (1) May 15 23 C @ $1.85
Net Debit: $20.62 Return Assigned: 11.5% (62 days)

Saturday, March 7, 2015

Nasdaq Summation Index (6 Mar 15): 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.