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 Week’s Bull – Bear Credit Spread Selections
| Market Edge ‘Market Posture’ | Bearish | VIX–> | 16.88 | Neutral | |||||
| Bullish Spreads | |||||||||
| Break | |||||||||
| Open | One Week | One 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) |
| ILMN | 04/23/18 | 1 | $245.92 | 245.0 | 240.0 | $2.20 | -$2.80 | 44.0% | $242.80 |
| TQQQ | 04/23/18 | 1 | $332.42 | 332.5 | 327.5 | $2.00 | -$3.00 | 40.0% | $330.50 |
| GOOG | 04/20/18 | 1 | $1,033.00 | 1032.5 | 1,027.5 | $2.20 | -$2.80 | 44.0% | $1,030.30 |
| Bearish Spreads | |||||||||
| Break | |||||||||
| Open | One Week | One 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) |
| EA | 04/23/18 | 1 | $121.32 | 121.0 | 123.0 | $0.99 | -$1.01 | 49.5% | $120.01 |
| TSLA | 04/23/18 | 1 | $285.41 | 287.5 | 292.5 | $2.51 | -$2.49 | 50.2% | $284.99 |
| TLT | 04/30/18 | 1 | $118.98 | 119.0 | 120.5 | $0.39 | -$1.11 | 26.0% | $118.61 |
| MAR | 04/30/18 | 1 | $139.38 | 139.0 | 141.0 | $0.98 | -$1.02 | 49.0% | $138.02 |
| 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 |
| MCD | 04/16/18 | 2 | $158.30 | 162.5 | 157.5 | $1.82 | -$3.18 | 36.4% | -$238 | -$238 |
| AGN | 04/16/18 | 2 | $162.04 | 165.0 | 160.0 | $1.84 | -$3.16 | 36.8% | -$112 | -$350 |
| Profit/Loss Bullish Spreads: | -$350 | |||||||||
| Weekly % Return: | -1.8% | |||||||||
| 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 |
| BABA | 04/16/18 | 2 | $171.56 | 172.5 | 177.5 | $1.81 | -$3.19 | 36.2% | $181 | $181 |
| BA | 04/16/18 | 2 | $330.36 | 330.0 | 335.0 | $2.44 | -$2.56 | 48.8% | $208 | $389 |
| Profit/Loss Bearish Spreads: | $389 | |||||||||
| Weekly % Return: | 1.9% | |||||||||
| Total Risk Capital: | $20,000 | |||||||||
| Total Profit/Loss: | $39 | |||||||||
| Ticket Charges & Comm.: ($5.00/$0.50) | $22 | |||||||||
| Net Profit/Loss: | $17 | |||||||||
| Total Weekly % Return: | 0.1% | |||||||||
| Average | Average | Average | Average | Average | Average | |||||
| Full Win | Part Win | Part Loss | Full Loss | FW + PW | FL + PL | |||||
| 45.0% | 11.6% | 9.9% | 32.9% | 56.6% | 42.7% | |||||