[Teddi Knight]

Love your post! It is not a matter of luck or good fortune but instead his returns are the result of focus, discipline, good stock selection and consistently taking profits while protecting capital from risk I wrote this for you detailing out 8 prime reasons why this type of investing works.
//www.fullyinformed.com/investor-questions-returns-that-are-too-good-to-be-true-8-reasons-why/

Teddi

[Teddi Knight]

I will take a look for an article for you.

[Teddi Knight]

More trades today in Exxon as the stock dipped https://www.fullyinformed.com/more-afternoon-trade-alerts-and-ideas-for-mar-31-2017/

[Teddi Knight]

Into TAP from today’s watch list. This is an excellent short-term trade. https://www.fullyinformed.com/afternoon-trade-alerts-and-ideas-for-mar-31-2017/

[Teddi Knight]

More trades added again today in WFC https://www.fullyinformed.com/afternoon-trade-alerts-and-ideas-for-mar-31-2017/

[Teddi Knight]

Nice trade. I am comfortable the stock will recover to $115

[Teddi Knight]

Here are all my trades https://www.fullyinformed.com/cibc-stock-cm-ups-the-ante-for-privatebancorp-and-sinks-stock-mar-30-2017/

[Teddi Knight]

Thank you for you very kind comments. They are appreciated.
Teddi

[Teddi Knight]

I particularly like the BOOM feature. We should add this as an indication of either a great entry point or a trade that is imploding. LOL. Great trade and a nice fat premium for 3.5 weeks of risk. If it falls lower sell the $46 as well. I am holding both the $48 and $46 for Apr 21 expiry so welcome to the club.

[Teddi Knight]

Very nice but on the US markets the spreads are wide. I trade it on the Canadian market where the Apr 21 expiry $48 put strike is trading for 50 cents. The spreads are $2.00 making it easy to trade and do repairs if needed.

[Teddi Knight]

There are new features to the investing tools section. Intraday updates are now added which allows investors to check trades during the day. There are a few other features added and some new ones coming shortly. You can review all the changes through this link https://www.fullyinformed.com/quick-comments-on-fullyinformed-investing-tools-updates-mar-29-2017/

[Teddi Knight]

Another round of credit put spreads set up. No cost for the long puts! The article explains the entire trade https://www.fullyinformed.com/facebook-stock-fb-million-dollar-challenge-year-1-trade-alert-mar-29-2017/

[Teddi Knight]

New trades again this morning – Trades were closed to free up cash for more trades to be placed. Note the long puts are still available for the next set of trades. https://www.fullyinformed.com/facebook-stock-fb-trades-closed-and-new-trades-opened-portfolio-up-9-to-mar-29-2017/

[Teddi Knight]

Hi Art
Sorry I missed your post. It is best to check the trade table as it is the most up-to-date and probably the easiest way to follow the trades. Remember that I am not expecting that anyone is duplicating my trades, trade for trade, but are using them as guides.

[Teddi Knight]

Yes Thomas. Thanks for spotting that. Usually I prefer to not post the details on the forum but just a link as it easy to make a mistake when I am also trading at the same time as posting. LOL.

[Teddi Knight]

Very nice indeed! These are excellent companies that will definitely grow your portfolio. The BS trade is superb. The Canadian Imperial Bank of Commerce Stock trade last week worked very well.

[Teddi Knight]

Nucor is back at it again. I added to the Apr 21 $55 naked put6 trade https://www.fullyinformed.com/members/afternoon-trade-alerts-and-ideas-for-mar-28-2017/

[Teddi Knight]

Another trade in Morgan Stanley Stock (MS) today https://www.fullyinformed.com/members/afternoon-trade-alerts-and-ideas-for-mar-28-2017/

SSkid the $40.50 put strike Apr 21 expiry

[Teddi Knight]

Another large trade added today with Apple Stock moving higher https://www.fullyinformed.com/apple-stock-trade-alert-in-the-million-dollar-challenge-year-4-mar-28-2017/

[Teddi Knight]

More trades filled today on the TSX Index. Did you check out Bank Of Nova Scotia Stock? Up to $79.35 ahead of the dividend on Friday! https://www.fullyinformed.com/members/more-tsx-composite-index-trade-alerts-and-ideas-mar-28-2017/

[Teddi Knight]

These Canadian financials have been incredibly profitable for the past two years.

[Teddi Knight]

Didn’t get filled on Friday’s offers in Nucor, but got filled this morning for excellent premiums as the stock continues to stay weak. https://www.fullyinformed.com/members/morning-trade-alerts-and-ideas-for-mar-27-2017/

[Teddi Knight]

The trade started with $100,000 in cash. As soon as it was deposited it was $195,00 in the account. It then changes daily.
Don’t get fixated on the $180,000. That was just a number on one day. Since then margin has changed repeatedly and daily. I do not update it every day for obvious time reasons and update it only when a trade occurs.
Margin available is down to half of what it was and the half available is because I still have roughly $30,000 in cash in the account which because it is cash is pretty well 95% marginable.
You are fixated on the wrong number. I didn’t turn $100,000 into $180,000. I turned $100,000 of pure cash at the opening of the account, into $95,000 of margin which immediately changed with trades and has been dropping ever since.
To check it out, ask your broker what $100,000 of cash in a margin account would be worth. It should be almost all available as margin. In other words, they would match it almost dollar for dollar because it is cash. Then it will change as trades occur.
If you do not have as much margin in your account now you also have to take into account your positions and the quantity.
Don’t worry Art, the margin is not what you should focus on. It is the quality of the trades and the ability to stay ahead of assignment. The portfolio is doing well and that’s the focus.
I cannot explain it any better than what I have written. When you deposited $100,000 in your account you should have had more than $180,000 in margin and cash to start with. If you didn’t, then you need a discounter who provides better margins for cash. Cash is the highest rated margin available and this is cash. It is not invested in any kind of ETF or savings account. It is cash sitting there.
Hope that helps but again, focus on the portfolio and keep closing trades as soon as possible to keep growing the portfolio as swiftly as possible.
Take care
Teddi

[Teddi Knight]

Hi Art
I got your email as well as this post. I don’t know what further to explain. I have read your email a number of times. When the trade started it was $100,000 of cash. Because it is cash the margin available was immediately almost 100% because it was cash. As trades begin margin fluctuates. The first trade reduced margin immediately to 80%. It has fluctuated continually since. Remember these are spreads so there are limits to the losses that can be taken. That also impacts margin. The capital earned comes back as cash which again impacts margin. When the stock rises and the puts fall in value, that increases margin. When the stock falls and puts grow in value that decreases margin. Margin fluctuates continually.
So basically the beginning was cash of 100,000 which opened margin immediately at around 95%. When I put in the 100,000 to start, margin was shown as available at $98,000. Since then it fluctuates. The first trade reduced it and it has be changing ever since. Why your broker did not give you at least 80% of your cash at the outset I can not imagine. Cash is cash. It is extremely high margin. One you begin to trade it will change again and again.
At present if you look at the capital it shows that margin is down to $54,340. That because I have 29,000 of cash just sitting in the account. Cash is pretty well close to 100% marginable. You can’t get better than cash for high margins.So this means at present just the cash alone is providing me with probably around $28,000 of margin. The remaining 26,000 of margin shown is from the trades that are all spreads and because the stock is way above my short puts.
I’m sorry if this is hard to follow. I guess because I have traded for so long I am used to margin and brokers. I can tell you if the stock fell well below my short puts, there would be a margin call.
Also if these were naked puts margin would be a lot lower, if not even unavailable at present.
Teddi

[Teddi Knight]

This is the problem with speculative stocks. This is also Biotech so the day of the drop you referred to was also the day of lots of talk about Biotech and pricing of drugs, etc. They had a big drop on the 17th and again a smaller drop on the 21st, but chart wise it remains in an uptrend. But losses are huge and they are still a startup type company with no real products in “hot” demand. When that day happens you could end up with a stock worth 10 times where it is today, but that could be years away. I have a friend who buys nothing but these start-up type companies. He puts small amounts of money is dozens every year and waits to see which one will make his “the big return”. He is very shy about telling me annual gains but his wife told me a few years back that her husband is “nuts”. LOL. Everyone has their way of trading. You are pretty sharp with your positions and if you don’t take on too much risk I would just trade the trend in the stock. On days where it down big, sell a few more out of the puts way out at lower strikes and consider closing naked or covered calls tot take advantage of the move lower.
Both March 17 and 21st were big down days for many Biotechs and healthcare stocks. I don’t think the move lower was unexpected in a spec Biotech based on the move in the sector as a whole on those days.
Teddi

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