This Week’s Low Cost Put Hedge New Selections
There is one new selections this week:
Current Open Positions
| Market Posture: | Bullish | VIX–> | 13.77 | Neutral | ||||||
| Stock Price Is Monday’s Opening | * After Symbol Denotes Short Stock Position | |||||||||
| Long | # Of | Stock | S-Put | L-Put | Credit | A-Put | A-Put | A-Put | Approx | Approx |
| Stock | Weeks | Price | Strike | Strike | Spread | Ex. Date | Strike | Debit | Div Date | Dividend |
| MSFT | 10 | $99.47 | 99.5 | 98.5 | $0.41 | 07/20/18 | 95.0 | $4.45 | None | $0.00 |
| CVX | 10 | $123.26 | 123.0 | 122.0 | $0.38 | 07/20/18 | 120.0 | $4.40 | 05/17/18 | $1.12 |
| MCD | 9 | $160.24 | 160.0 | 157.5 | $0.81 | 07/20/18 | 165.0 | $4.65 | 06/01/18 | $1.01 |
| XLE | 8 | $73.95 | 74.0 | 73.0 | $0.37 | 07/20/18 | 175.0 | $2.43 | None | $0.00 |
| LULU | 7 | $125.25 | 125.0 | 124.0 | $0.41 | 09/21/18 | 100.0 | $8.45 | None | $0.00 |
| HSY | 6 | $94.19 | 94.5 | 93.5 | $0.49 | 08/17/18 | 95.0 | $5.30 | None | $0.00 |
| PYPL | 6 | $82.89 | 83.0 | 81.5 | $0.60 | 08/17/18 | 82.5 | $4.85 | None | $0.00 |
| SWKS | 5 | $97.02 | 97.0 | 96.0 | $0.42 | 08/17/18 | 100.0 | $5.30 | None | $0.00 |
| UTX | 5 | $123.61 | 124.0 | 123.0 | $0.47 | 08/17/18 | 125.0 | $3.50 | None | $0.00 |
| PEP | 4 | $109.02 | 109.0 | 108.0 | $0.38 | 08/17/18 | 100.0 | $2.50 | 07/10/18 | ??? |
| V | 3 | $132.67 | 132.0 | 131.0 | $0.38 | 09/21/18 | 135.0 | $4.90 | 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 fees 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 | Dollar Profit/Loss = Stock Price Friday – Adjusted Stock Price + (Anchor | |||||||||
| S&P: | 06/22/18 | 2779.42 | Close Credit – Anchor Open Debit) When The Position Is Closed | |||||||||
| S&P Points Gain/Loss: | -93.45 | |||||||||||
| S&P % Gain/Loss: | -3.3% | Adjusted Stock Price = Open Stock Price – Total Spread Profit / Loss | ||||||||||
| Risk Capital: | $100,000 | Spread Losses Occur When The Stock’s Friday Close Is Below | ||||||||||
| Put Hedge Total P/L: | $2,568 | The Short Put Strike Price | ||||||||||
| Hedge Total % Return: | 2.6% | |||||||||||
| # Of Weeks: | 18 | Anchor Put – Debit/Credits Included In P/L Calculations Only When | ||||||||||
| Hedge To S&P P/L Ratio: | 6.0 | :1 | Positions Are Closed | |||||||||
| Win % – Adjusted Prices: | 44.8% | |||||||||||
| Transaction Costs & Dividends Not Included | ||||||||||||
| FIX h45 | ||||||||||||
| * After Symbol Denotes Short Stock Position | ||||||||||||
| Open | Open | Anchor | Anchor | Total | Adjust | Close | Stock | Anchor | Dollar | % | Anchor | |
| Date | Stock | Strike | Open | Spread | Stock | Date | Price | Close | Profit | Profit | Exp | |
| Stock | Monday | Price | Price | Debit | P/L | Price | Friday | Friday | Credit | Loss | Loss | Date |
| CELG | 01/29/18 | $105.23 | 105.0 | $5.50 | -$0.59 | $105.82 | 02/16/18 | $95.26 | $10.40 | -$5.66 | -5.4% | 04/20/18 |
| GILD | 01/29/18 | $87.82 | 87.5 | $4.50 | $0.43 | $87.39 | 04/06/18 | $73.41 | $14.27 | -$4.21 | -4.8% | 04/20/18 |
| SLB | 01/29/18 | $77.18 | 77.0 | $1.72 | -$2.19 | $79.37 | 02/16/18 | $66.28 | $10.20 | -$4.61 | -6.0% | 04/20/18 |
| EA | 01/29/18 | $116.12 | 115.0 | $4.60 | -$1.62 | $117.74 | 04/20/18 | $120.89 | $0.00 | -$1.45 | -1.2% | 04/20/18 |
| ADSK | 01/29/18 | $117.84 | 115.0 | $5.80 | -$2.59 | $120.43 | 05/11/18 | $136.21 | $0.00 | $9.98 | 8.5% | 04/20/18 |
| WDC | 01/29/18 | $89.33 | 90.0 | $5.50 | -$3.32 | $92.65 | 05/04/18 | $80.88 | $12.75 | -$4.52 | -5.1% | 05/25/18 |
| PEP | 02/05/18 | $118.24 | 120.0 | $4.35 | -$1.12 | $119.36 | 02/09/18 | $111.18 | $7.35 | -$5.18 | -4.4% | 04/20/18 |
| XOM | 02/05/18 | $82.98 | 82.5 | $2.75 | -$1.21 | $84.19 | 02/16/18 | $76.54 | $6.15 | -$4.25 | -5.1% | 04/20/18 |
| DECK | 02/12/18 | $93.90 | 92.5 | $5.15 | $2.11 | $91.79 | 04/20/18 | $89.00 | $3.50 | -$4.44 | -4.7% | 04/20/18 |
| NOW | 02/19/18 | $154.18 | 155.0 | $7.40 | -$0.55 | $154.73 | 05/18/18 | $173.94 | $0.00 | $11.81 | 7.7% | 04/20/18 |
| WDAY | 02/19/18 | $125.25 | 125.0 | $7.53 | -$1.81 | $127.06 | 05/04/18 | $130.05 | $0.00 | -$4.54 | -3.6% | 04/20/18 |
| JPM | 02/26/18 | $117.90 | 120.0 | $5.10 | -$3.54 | $121.44 | 03/23/18 | $107.01 | $13.60 | -$5.93 | -5.0% | 04/20/18 |
| SWKS | 03/05/18 | $109.14 | 110.0 | $6.70 | -$4.32 | $113.46 | 04/06/18 | $95.56 | $14.70 | -$9.90 | -9.1% | 05/18/18 |
| ATHN | 03/26/18 | $139.00 | 140.0 | $6.70 | $3.03 | $135.97 | 04/20/18 | $146.07 | $5.80 | $9.20 | 6.6% | 06/15/18 |
| AMT | 04/02/18 | $146.40 | 145.0 | $4.18 | -$2.44 | $148.84 | 04/13/18 | $138.90 | $7.30 | -$6.82 | -4.7% | 05/18/18 |
| TLT | 04/09/18 | $120.67 | 120.0 | $2.47 | $0.53 | $120.14 | 05/18/18 | $117.21 | $2.79 | -$2.61 | -2.2% | 05/18/18 |
| PG | 04/16/18 | $78.28 | 77.5 | $2.70 | -$1.17 | $79.45 | 05/04/18 | $72.43 | $5.75 | -$3.97 | -5.1% | 07/20/18 |
| MSFT | 04/23/18 | $95.36 | 95.0 | $4.45 | $1.28 | $94.08 | 01/00/00 | $100.13 | $6.05 | 6.3% | 07/20/18 | |
| CVX | 04/23/18 | $122.40 | 120.0 | $4.00 | $0.08 | $122.32 | $124.04 | $1.72 | 1.4% | 07/20/18 | ||
| MCD | 04/30/18 | $166.00 | 165.0 | $4.65 | -$0.85 | $166.85 | $166.46 | -$0.39 | -0.2% | 07/20/18 | ||
| XLE | 05/07/18 | $75.33 | 75.0 | $2.43 | $0.99 | $74.34 | $74.13 | -$0.21 | -0.3% | 07/20/18 | ||
| ALXN | 05/07/18 | $117.46 | 115.0 | $5.90 | $0.42 | $117.04 | 05/25/18 | $117.74 | $7.35 | $2.15 | 1.8% | 07/20/18 |
| LULU | 05/14/18 | $98.68 | 100.0 | $8.45 | $1.12 | $97.56 | $128.37 | $30.81 | 31.2% | 09/21/18 | ||
| HSY | 05/21/18 | $92.50 | 95.0 | $5.30 | $1.81 | $90.69 | $94.00 | $3.31 | 3.6% | 08/17/18 | ||
| PYPL | 05/21/18 | $81.35 | 82.5 | $4.85 | $1.23 | $80.12 | $85.31 | $5.19 | 6.4% | 08/17/18 | ||
| SWKS | 05/29/18 | $100.02 | 100.0 | $5.30 | $0.35 | $99.67 | $102.70 | $3.03 | 3.0% | 08/17/18 | ||
| UTX | 05/29/18 | $126.48 | 125.0 | $3.50 | -$0.06 | $126.54 | $126.91 | $0.37 | 0.3% | 08/17/18 | ||
| PEP | 06/04/18 | $100.31 | 100.0 | $2.50 | $1.81 | $98.50 | $107.61 | $9.11 | 9.1% | 08/17/18 | ||
| V | 06/11/18 | $134.54 | 135.0 | $4.90 | $1.08 | $133.46 | $135.10 | $1.64 | 1.2% | 09/21/18 | ||