STOCK PICKING My source is www.advfn.com using CANSLIM screener provided for free. So, I come to this stock with strong earning increases during couple quarters. Stock Symbol : NE Stock Price $ 56.10 (April 17, 2008) AMO (After Market Open) ENTRY PRICE Open the chain provided in www.optionsxpress.com . I choose the entry price with IV below 48% (therefore should be ITM), which the strike price is $ 55. TECHNICAL ANALYSIS FUNDAMENTAL ANALYSIS For the earnings date, just klik: http://moneycentral.msn.com/investor/market/earncalendar/ Earnings Date: 4/23/08 Q1 2008 (After Market Close – AMC) 1/23/08 Q4 2007 10/17/07 Q3 2007 7/18/07 Q2 2007 4/19/07 Q1 2007 DETERMINING Stop Loss: The premium paid (Ask Price) = $ 4.10 Stop Loss is 25% from the premium paid --> $ 4.10 -25% = $ 3.075 Day to expiration = 64 days – 3 days = 61 days Input the data into Opt
CALL OPTIONS STOCK PICKING My source is www.advfn.com using CANSLIM screener provided for free. So, I come to this stock with strong earning increases during couple quarters. Stock Symbol : KWK Stock Price $ 40.10 (April 16, 2008) BMO (Before Market Open) ENTRY PRICE Open the chain provided in www.optionsxpress.com . I choose the entry price with IV below 48%, which the strike price is $ 45 (OTM)..I’ve to be discipline by not entering strike price too far from ITM. TECHNICAL ANALYSIS As we can see, the candlestick still above 22 dma line, and also the MACD is above the average (indicated w/ blue color) The stochastic also confrim strongly by the cross line of Red & Blue. So, we can assure that the stock price is in uptrend (indicated by red line move upward) for couple days ahead. FUNDAMENTAL ANALYSIS For the earnings date, just klik: http://moneycentral.msn.com/investor/market/earncal