This Week’s Low Cost Put Hedge New Selections
There is one new selections this week – MCD.
| Market Edge Opinion:
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Current Open Selections
| Market Posture: | Bearish | VIX–> | 16.88 | Bearish | ||||||
| Prices Are Monday’s Opening Prices | ||||||||||
| Weeks | Stock | Short Put | Long Put | Credit | Anchor Put | Anchor Put | Anchor Put | Approx | Approx | |
| Stock | In Play | Price | Strike | Strike | Spread | Ex. Date | Strike | Debit | Div Date | Dividend |
| ADSK | 12 | $127.11 | 127.0 | 125.0 | $0.71 | 04/20/18 | 115.0 | $5.80 | None | $0.00 |
| WDC | 12 | $81.17 | 81.0 | 80.0 | $0.45 | 04/20/18 | 90.0 | $5.50 | 03/28/18 | $0.50 |
| NOW | 9 | $165.09 | 165.0 | 162.5 | $0.90 | 04/20/18 | 155.0 | $7.40 | None | $0.00 |
| WDAY | 9 | $125.17 | 125.0 | 123.0 | $0.80 | 04/20/18 | 125.0 | $7.53 | None | $0.00 |
| TLT | 4 | $119.02 | 119.0 | 117.5 | $0.50 | 07/20/18 | 120.0 | $2.47 | None | $0.00 |
| PG | 3 | $72.70 | 73.0 | 72.0 | $0.42 | 07/20/18 | 77.5 | $2.70 | 04/19/18 | $0.72 |
| MSFT | 2 | $95.92 | 96.0 | 94.5 | $0.55 | 07/20/18 | 95.0 | $4.45 | None | $0.00 |
| CVX | 2 | $127.10 | 127.0 | 125.0 | $0.65 | 07/20/18 | 120.0 | $4.40 | 05/17/18 | $1.12 |
| MCD | 1 | $166.00 | 167.5 | 162.5 | $1.98 | 07/20/18 | 165.0 | $4.65 | None | $0.00 |
Model Portfolio – Track Record
The performance figures for the Model Portfolio are based on a hypothetical bank roll of $100,000. Dividends and transaction costs are not included in the calculations. The anchor put debit/credits are included in the results once the position is closed.
| S&P: | 01/26/18 | 2872.87 | |||||||||||
| S&P: | 04/27/18 | 2669.91 | |||||||||||
| S&P Points Gain/Loss: | -202.96 | ||||||||||||
| S&P % Gain/Loss: | -7.1% | ||||||||||||
| Risk Capital: | $100,000 | ||||||||||||
| Put Hedge Total P/L: | -$3,653 | ||||||||||||
| Hedge Total % Return: | -3.7% | ||||||||||||
| # Of Weeks: | 11 | ||||||||||||
| Hedge To S&P P/L Ratio: | 2.0 | ||||||||||||
| Win % – Adjusted Prices: | #REF! | ||||||||||||
| *Transaction Costs & Dividends Not Included | |||||||||||||
| *Anchor Put – Debit/Credits Only Included In P/L Calculations When Positions Are Closed | |||||||||||||
| Anchor | Anchor | Anchor | |||||||||||
| Open | Open | Total | Anchor | Put | Total | Adjust | Close | Stock | Put | Dollar | % | Put | |
| Date | Stock | Spread | Put | Open | Spread | Stock | Date | Price | Close | Profit | Profit | Exp | |
| Stock | Monday | Price | Credits | Strike | Debit | Loss | Price | Friday | Friday | Credit | Loss | Loss | Date |
| CELG | 01/29/18 | $105.23 | $1.41 | 105.0 | $5.50 | -$2.00 | $105.82 | 02/16/18 | $95.26 | $10.40 | -$5.66 | -5.4% | 04/20/18 |
| GILD | 01/29/18 | $87.82 | $4.21 | 87.5 | $4.50 | -$6.39 | $90.00 | 04/06/18 | $73.41 | $14.27 | -$6.82 | -7.8% | 04/20/18 |
| SLB | 01/29/18 | $77.18 | $1.52 | 77.0 | $1.72 | -$3.22 | $78.88 | 02/16/18 | $66.28 | $10.20 | -$4.12 | -5.3% | 04/20/18 |
| EA | 01/29/18 | $116.12 | $5.96 | 115.0 | $4.60 | -$7.11 | $117.27 | 04/20/18 | $120.89 | $0.00 | -$0.98 | -0.8% | 03/16/18 |
| ADSK | 01/29/18 | $117.84 | $8.13 | 115.0 | $5.80 | -$10.91 | $120.62 | $127.11 | $6.49 | 5.5% | 04/20/18 | ||
| WDC | 01/29/18 | $89.33 | $4.83 | 90.0 | $5.50 | -$8.48 | $92.98 | $81.17 | -$11.81 | -13.2% | 04/20/18 | ||
| PEP | 02/05/18 | $118.24 | $0.88 | 120.0 | $4.35 | -$2.00 | $119.36 | 02/09/18 | $111.18 | $7.35 | -$5.18 | -4.4% | 04/20/18 |
| XOM | 02/05/18 | $82.98 | $1.25 | 82.5 | $2.75 | -$2.46 | $84.19 | 02/16/18 | $76.54 | $6.15 | -$4.25 | -5.1% | 04/20/18 |
| DECK | 02/12/18 | $93.90 | $4.65 | 92.5 | $5.15 | -$3.62 | $92.87 | 04/20/18 | $89.00 | $3.50 | -$5.52 | -5.9% | 04/20/18 |
| NOW | 02/19/18 | $154.18 | $9.51 | 155.0 | $7.40 | -$11.28 | $155.95 | $168.90 | $12.95 | 8.4% | 04/20/18 | ||
| WDAY | 02/19/18 | $125.25 | $5.84 | 125.0 | $7.53 | -$8.00 | $127.41 | $125.17 | -$2.24 | -1.8% | 04/20/18 | ||
| JPM | 02/26/18 | $117.90 | $2.07 | 120.0 | $5.10 | -$3.00 | $118.83 | 03/23/18 | $107.01 | $13.60 | -$3.32 | -2.8% | 04/20/18 |
| SWKS | 03/05/18 | $109.14 | $1.98 | 110.0 | $6.70 | -$5.50 | $112.66 | 04/06/18 | $95.56 | $14.70 | -$9.10 | -8.3% | 05/18/18 |
| ATHN | 03/26/18 | $139.00 | $4.10 | 140.0 | $6.70 | -$4.00 | $138.90 | 04/20/18 | $146.07 | $5.80 | $6.27 | 4.5% | 06/15/18 |
| AMT | 04/02/18 | $146.40 | $1.56 | 145.0 | $4.18 | -$4.00 | $148.84 | 04/13/18 | $138.90 | $7.30 | -$6.82 | -4.7% | 05/18/18 |
| TLT | 04/09/18 | $120.67 | $1.92 | 145.0 | $2.47 | $0.00 | $118.75 | $119.02 | $0.27 | 0.2% | 05/18/18 | ||
| PG | 04/16/18 | $78.28 | $1.05 | 77.5 | $2.70 | $0.00 | $77.23 | $72.70 | -$4.53 | -5.8% | 07/20/18 | ||
| MSFT | 04/23/18 | $95.36 | $1.20 | 95.0 | $4.45 | $0.00 | $94.16 | $95.92 | $1.76 | 1.8% | 07/20/18 | ||
| CVX | 04/23/18 | $122.40 | $1.38 | 120.0 | $4.00 | $0.00 | $121.02 | $127.10 | $6.08 | 5.0% | 07/20/18 | ||
| MCD | 04/30/18 | $166.00 | $1.98 | 165.0 | $4.65 | $0.00 | $164.02 | $166.00 | ###### | ###### | 07/20/18 | ||