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Saturday, December 6, 2025

Top Trades for Wed, 06 Apr 2016 15:04 – HOV

Found some good trades in the Webinar but I already forgot what they were.

Best needs to go in the LTP, which has no HOV:

  • Buy 10,000 shares HOV at $1.47 ($14,700)
  • Sell 100 2018 $1 calls for 0.90 ($9,000)
  • Sell 100 2018 $2 puts for 0.90 ($9,000) 

That's a net credit of $3,300 and, if HOV is over $2 in Jan 2018, you get $10,000 and keep the $3,300 (up $13,300) and your worst case is you have to buy 10,000 more shares for $20,000 less the $3,300 cash we collected is $16,700 for 20,000 shares = 0.835/share.  Even in an IRA with no margin, that's a good trade!

We made $480 trading /TF and /CL in the last half hour so I feel like the Webinar was worthwhile.cool

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