My unpostable list of weeklies: updated 1/15

Posted by

The complete list of weekly stocks is here:

https://www.cboe.com/available_weeklys/

One presumes that you are looking at stocks under $50. Well, these are the basic weeklies between $5 and $50 with a positive P/E as of January 13th. To find a suitable option, you’d need to put them through a screener. I prefer to pick from a much shorter list of contenders. I never sell anything below $10 or above $30. I try to avoid earnings (though I often fail). I say away from things I don’t understand (like Bitcoin or hot trends)

Good luck.

https://docs.google.com/spreadsheets/d/1DJd1gl_WLi995cvoZE37V6klzVh-sFHf-yFhDAoXaac/edit?usp=sharing

NOK

GPRO

LUMN

SIRI

SWN

AUY

LL

HIMX

BHC

HBI

RKT

PBR

VOD

GT

VTRS

PAA

ET

F

DB

MPW

SI

CSTM

DISH

AEO

PCG

HLF

ZIM

JWN

VALE

KMI

T

GOLD

PARA

SBLK

CLF

NLY

M

DBX

RRC

NCR

CWH

EPD

MRO

HPQ

X

URBN

BTU

KSS

AR

INTC

VFC

MT

WY

JNPR

FOXA

CSX

SU

PENN

WMB

SYF

CC

EQT

BAC

GSK

GLW

HSBC

GM

LUV

WDC

DAL

IP

YY

FL

MGM

SNV

CAG

DELL

VZ

TECK

HAL

PLAY

CSIQ

TPR

WFC

WPM

YETI

FCX

KR

APA

HOG

MO

HRL

MOS

SKX

BBWI

USB

PFE

CSCO

BK

C

Underwater on options? What you gonna do?

Posted by

Without knowing the details, I don’t think you’ll get any helpful responses. If your losses are small, selling out of the money calls might help to net a few $$$ to bring back to $0 or retain holdings.

If your losses are bigger, go out further in time and sell closer to ATM in the hope they don’t get assigned; and you can sell another CALL.

If your losses are much bigger, then … you may have to find other ways to mitigate the losses: Averaging down on stocks you want to keep, Sell outright and harvest tax losses, selling much further out CALLS, or buying PUTS with a much lower cost basis. You may have to sell regularly to claw back some each time.

GERN: a solid company? LOL! Well…

Posted by

I typically avoid companies that don’t have a track record of management competence, the vagaries of biotech aside. This company has been around for ages, doesn’t turn a profit, has had several notable runs on its stock price (at least), and AFAIK no obvious path to profitability other than ‘milestones’, ‘conferences’ and ‘Qx losses’. TTM losses are even higher than 2021. So… this is not a solid financial basis in my book. The IV is 320 % because the risk is high. If you’re comfortable with that level of risk…? I’m not. I often remember the axiom: “Return OF your capital is more important than return ON your capital”!

GERN: Pop & Drop

This is what I reckoned would happen. It looks like it popped for a 40% gain on 1/4. But it’s already giving most of that back as I write this. The news on its drug was designed to pop the stock and the stock is now retreating on news of a public offering. Be careful trading penny stocks like this.



These are my own opinions. I am not a financial adviser, and do not play one on TV. Do your own research!