Seagate Stock (STX) Trades For 2014 Update – Oct 27 2014

So far in 2014 Seagate trades have returned 28% against current capital at risk. Seagate stock is up over 1% today as earnings came in 8.5 percent higher in its latest quarterly revenue. Seagate is finding demand for its personal computer and cloud storage products continuing to climb. One of the world’s largest providers of digital storage, I have found Seagate Stock to excel for my type of option selling investing.

Seagate Stock 12 Month Chart

You can see in the 12 month chart below that Seagate stock is now back above the April highs and pushing into overvalue territory once again. Anything above $58 seems to pose a problem for Seagate Stock so obviously this would be a time to be considering selling covered calls if I held stock. Since I have no stock at present, the earnings bounce has worked out well for my Put Selling strategies. You can see the rise from the recent market correction which placed Seagate stock well below $52.00 which I consider good value for the stock.

Seagate Stock is up over 1% on earnings as of Oct 27 2014

Seagate Stock trades on the NASDAQ under the symbol STX. The stock this year is an exceptional performer and stands out both from its ease of trading and its outstanding option premiums. These are the latest trades done in Seagate Stock for 2014. I urge members to review the trade which started Sept 5. This was one of the longer trades I did in Seagate Stock and involved Put Selling, naked calls, covered calls, stock assignment, stock ownership and eventual stock selling. You can learn from reviewing the actions and comments throughout this trade on how to handle a stock that is volatile and yet does actually have a trading pattern. Studying this type of trade can assist investors in understanding how to stay calm and focused in a decline to protect profits previously made, protect capital in use and set a trade up for additional profits despite what appears to be a highly volatile trading environment.

Seagate Stock (STX) Trades For 2014 Update – Oct 27 2014

FullyInformed USA Members can can review the latest Seagate Stock trades for 2014 directly through this link or they can sign in to the full USA members site here. Non-members can join here or read about the benefits of being a member.

Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.