The following are this week’s Bull – Bear Credit Spreads Candidates. The actual selections will be posted on Monday around 11:00 AM EST. It should be noted that depending on market conditions, not all of these candidates will be listed as selections.

This Weeks Bull – Bear Credit Spread Candidates

 

 

The following is a list of this week’s Bullish and Bearish Credit Spread Selections. Each week, when conditions warrant, two new Bull and Bear credit spreads with a one or two week expiration are added to the Open Positions list. These stocks have either a Long (Bull Spread) or Avoid (Bear Spread) technical Opinion from Market Edge. The selections are added to the portfolio on Monday’s morning if applicable with Monday’s opening prices. The stocks are removed from the portfolio on the expiration date.

This Week’s Bull – Bear Credit Spread Selections

Market Edge ‘Market Posture’ Bearish VIX–> 17.4 Neutral
Bullish Spreads
Break
Open Two Week Two Week Even Price
Open Week Stock Short Put Long Put Credit Max % Of Credit-SP
Stock * Date # Price Strike Price Strike Price Spread Loss Spread (Above)
TLT 04/09/18 2 $120.60 120.5 119.5 $0.34 -$0.66 34.0% $120.16
REGN 04/09/18 2 $318.02 320.0 315.0 $2.30 -$2.70 46.0% $317.70
MCD 04/16/18 1 $161.75 162.5 157.5 $1.82 -$3.18 36.4% $160.68
AGN 04/16/18 1 $164.44 165.0 160.0 $1.84 -$3.16 36.8% $163.16
Bearish Spreads
Break
Open Two Week Two Week Even Price
Open Week Stock Short Call Long Call Credit Max % Of Credit+SP
Stock ** Date # Price Strike Price Strike Price Spread Loss Spread (Below)
GOOGL 04/09/18 2 $1,024.00 1025.0 1,030.0 $2.30 -$2.70 46.0% $1,022.70
NVDA 04/09/18 2 $215.50 217.5 222.5 $1.96 -$3.04 39.2% $215.54
BABA 04/16/18 1 $171.56 172.5 177.5 $1.81 -$3.19 36.2% $170.69
BA 04/16/18 1 $330.36 330.0 335.0 $2.44 -$2.56 48.8% $327.56
Prices Are Monday’s Opening Prices
*  Stocks have strongest Market Edge Power Ratings
** Stocks have weakest Market Edge Power Ratings
% Of Spread: The Higher The Better

Last Week’s Bull – Bear Credit Spread Results

Open Week Closing Short Put Long Put Credit Max % Of P/L Per Weekly
Stock Date # Price S Price S Price Spread Loss Spread Spread P/L
AGN 04/02/18 2 $166.63 167.5 162.5 $1.93 -$3.07 38.6% $106 $106
EW 04/02/18 2 $139.20 139.0 137.0 $0.82 -$1.18 41.0% $82 $188
Profit/Loss Bullish Spreads: $188
Weekly % Return: 0.9%
Open Week Closing Short Call Long Call Credit Max % Of P/L Per Weekly
Stock Date # Price S Price S Price Spread Loss Spread Spread P/L
BA 04/02/18 2 $327.30 327.5 332.5 $2.40 -$2.60 48.0% $240 $240
UNH 04/02/18 2 $220.74 220.5 227.5 $1.76 -$5.24 25.1% $152 $392
Profit/Loss Bearish Spreads: $392
Weekly % Return: 2.0%
Total Risk Capital: $20,000
Total Profit/Loss: $580
Ticket Charges & Comm.: ($5.00/$0.50) $22
Net Profit/Loss: $558
Total Weekly % Return: 2.8%