[markmandel109]

Yes, thanks for the quick response. I wasn’t 100% sure on the ‘changing’ indicator. Mark

[markmandel109]

The tutorial that comes up is “Tutorial version 1.0”. It includes 6 steps and a summary. Note that there are two step 3’s. I’ve refreshed the page and have tried on to different browsers. Do you see the same? Mark

Step 1: Finding Stocks or ETFs
Step 2: Understanding Stock Choices
Step 3: Selecting Put Valuations To Sell
Step 3: Reading The Strength Ratings
Step 4: Learn More About The Equity Chosen
Step 5: Watching Changes In Ratings

[markmandel109]

Hi Teddi,

The Best Bets tutorial seems to be missing a description and heading for the far right hand column. The text in the column can include ‘up’, ‘up changing’, ‘down’, and ‘down changing’. At one time I thought there was an article that explained the text. If so can you reply with the link and in all your spare time (ha ha) update the tutorial. Thanks – Mark

[markmandel109]

Come to think of it, I did look into leap calls. That would mean holding the stock for maybe longer than I wanted. But, with the price of oil what it is, maybe it now makes sense to sell the leap calls, get the premium and the dividends too.

[markmandel109]

I never thought of selling leap calls, DUH! 1 XOM Leap Put.

[markmandel109]

Hi Teddi,

CVX 200 shares, cost basis $118.52

XOM 500 shares, cost basis $81.54
XOM 1/15/2021 $70 put leap $6.40

Mark

[markmandel109]

Hi Teddi,

Can you add more specifics on the calls – naked calls, call spreads, or covered call ITM/OTM?

I’ve got a few shares of both XOM and CVX and want to start taking advantage of being underwater, if there is such a strategy. Also have XOM 1/15/21 leaps. UGH.

[markmandel109]

Nice changes to the search tool.. and it’s fast!

Some feedback..
1). The results that appear under the search shows a snippet of each article with the search target highlighted in yellow. Once clicking on the article, the search target is no longer highlighted. This made me feel that the wrong article was selected. Please consider keeping the search article highlighted.

2). The search results under the search box is gone if the specific article is selected and the the user tries to go back to the original search page unless the user knows to right click and choose ‘open link in new tab’. Please consider opening a new tab as the default when an article of the search result is selected.

[markmandel109]

Hi Teddi,

Thanks for the great response. Lets take the 200 day for an example. What would you typically compare the 200 day with, the previous days close? last trade? There are lots of metrics available in the screener that I’m working with at Schwab.

Thanks – Mark

[markmandel109]

The spinning is an indication that your logon session has timed out. Try moving your mouse to force the logon page to appear or close that particular tab, then open a new tab using schwab.com, then logon.

Mark

[markmandel109]

I’m getting different results on Schwab..

StreetSmartEdge – $VIX
Schwab.com – VIX & $VIX are accepted

[markmandel109]

Hmmm using the Put Options Selling tool is a good idea. But, doing 58 of them one by one could take some time. Too bad the tool can’t take a list.

[markmandel109]

Hi Teddi,

I’m finally getting around to using Schwab’s trading platform, StreetSmartEdge to formalize my options (selling/buying) watchlist going forward. My question is about stocks technical indicators, and which ones make sense to use.

Here is the list offered, your insight/recommendation(s) are appreciated – Mark

20 SMA % chg
50 SMA % chg
100 SMA % chg
200 SMA % chg
MF% (14)
RSI(14)
ARSI(14)

[markmandel109]

Grasshopper, Interesting trade set up. One item that sticks out is the naked JAN21 $32 Puts. Depending on the account, they could be either cash secured puts or have associated margin requirements to consider. Mark

[markmandel109]

Just wanted to call attention to stocks that trade options either weekly or monthly. You’ll want to make that information a variable to consider for these kinds of trades. CINF for example yields monthly expiry dates and Dec 20 just happens to be this Friday.

If a stock is chosen for this strategy next week, then make sure and check out the expiry dates. If it’s a monthly option stock then it’s next expiry data might not be until the middle of Jan 2020 making it not a good choice.

Hopefully, I articulated this in a way that makes sense. Mark

[markmandel109]

Doubling down can be a fool’s errand. What is important is the initial purpose of the trade. If the option goes against that purpose then it’s time to close the position (perhaps at a loss), or repair it, via many of Teddi’s strategies. Many times her stated strategy is to go out further in time and REDUCE the number of contracts. This might not be possible for a small portfolio. That’s why it’s important to have a purpose for the trade and a limit of % capital to portfolio. I try hard to stay at no more than 5% of the portfolio – whether it is the spread requirement or the position of a specific stock. And, I’ve learned that the S&P is where to trade, if Buffett continues to be bullish on the S&P, then so will I.

[markmandel109]

Alvin,

Using Schwab.com, go to the History page, then select the Realized Gain/Loss tab. If there is a Wash Sale the gain/loss line item will be flagged as “Disallowed Loss” on the far right side. On the left of the gain/loss line item is an icon that can be hovered over, it reads “Wash Sale activity has adjusted this cost”. If further investigation is needed then I can look at the actual transactions that took place. Hope this helps.

[markmandel109]

Sada, The GS and MCD trades have been posted. Not sure if Teddi did the KO trade.

$MCD: https://www.fullyinformed.com/members/covered-calls-super-charge-buy-write-strategy-trade-alert-for-nov-27-2019/

$GS https://www.fullyinformed.com/members/covered-calls-second-super-charge-buy-write-strategy-trade-alert-for-nov-27-2019/

[markmandel109]

Hi Alvin, I’ve been with Schwab since 1989 and have never had any issues. On a few occasions a trade has been flagged as a wash sale and I’ve gone back and reconciled it. Schwab has been correct every time.

[markmandel109]

Hi Teddi,

I just tried doing a search on Intel then INTC and got the same results of Oct 24,2019 as the most recent hit. Intel and INTC were both mentioned in the Nov 26, 219 Watch list and didn’t come up in the results. Looks like there still is a search problem and was also wondering if the trade for INTC, yesterday was done.

Thanks – Mark

[markmandel109]

I too am an active trader and on Twitter, communicating with Thomas and Teddi. @markmandel109.

[markmandel109]

Sticking my nose in here…

$MO & $PM have announced a merger. So, this could affect the dividend of the resulting stock. Also, there is the possibility of volatility caused by the e-cigarette situation – litigation. Hence the stock will move accordingly to the volatility. I look at these situations when researching for dividend plays. Mark

[markmandel109]

You’re welcome. It’s easy to overlook information in the articles because they are full of information and require scrolling. As a retired software engineer that worked in many areas including interface usability, I’d design them slightly differently to keep scrolling to a minimum.

[markmandel109]

Pardon the answer but… for each earnings article, at the bottom contains approx 16 links explaining the strategy. Some of the articles show how a specific stock was chosen and the results. Here is the link to yesterday’s article on $EL, scroll down to the bottom for the articles that explain the strategy. https://www.fullyinformed.com/members/goal-of-70-return-for-estee-lauder-stock-el-trade-ahead-of-earnings-strategy-alert-for-aug-16-2019/

[markmandel109]

I’d suspect the three put selling trades have closed already. And, thinking the stop loss hit as well. Not sure any reason to hold the last 100 shares though. Your bank is waiting for the deposit!

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