FullyInformed.com members

Trade Alerts and Ideas for Nov 4 2019

Nov 4, 2019 | Latest, Trade Alerts and Ideas

trade-alert

A few trades this morning to report on. Despite the market advancing there are plenty of big name stocks that are falling today.

Procter and Gamble Stock (PG)

The stock is lower today by 2.7% which opened up a trade out to January 2020 to start a small position where I would own shares if assigned.

I went out to Jan 17 2020 expiry for this trade and sold 2 put contracts of the $110 put strike for 82 cents.

I would own the stock at this price. I plan to sell more puts should the stock continue to fall for the next several days.

Home Depot Stock (HD)

Next earnings are due out on Nov 19. Some profit-taking this morning has opened up a few trades.

The Put Options Selling Tool Analysis shows the $226.50 put strike as the valuation to consider for a short-term trade. As earnings are out on Nov 19 I sold the $225 put strike for Nov 15 expiry. Sold 3 put contracts this morning for 45 cents and will monitor the profit-taking to see if I can add to this position for Nov 15 expiry.


Questions? Use the form below or use ASK TEDDI

Ask Teddi

    Your Name (required)

    Your Question for Teddi (required)

    How Long Have You Been Investing (required)

    Your Email (required)


    Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. You always trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. The author assumes no liability for your investment decisions. Read the full disclaimer.

    Search

    Generic filters
    Exact matches only
    Search in title
    Search in content
    Search in excerpt

    Member Login

    Forgot Password?
    Join Us
    FullyInformed Members