Here’s the result of a weekend scan for CSP candidates (from the CBOE list of weeklies) that:
1) <$100 stock price
2) >10% coverage (stock can fall that far before a loss)
3) < 100 days to expiration
4) >25% ARoI
5) >$75 premium
Obviously, you MUST do due diligence before making any of these trades (or related). These are HIGH volatility stocks or they wouldn’t meet the above criteria. If you do any of these as part of your strategy, would you mind reporting your experience?
| Ticker | Price | Strike | ExpirationDate | Days to Exp | Bid | ARoI Bid | Initial Cash | CSP Symbol | Open Interest | |
| IONS | 26.09 | 23.0 | 16-Dec-16 | 47 | 1.15 | 37.7% | 114.00 | IONS^^161216P00023000 | 7 | |
| CSIQ | 14.76 | 13.0 | 20-Jan-17 | 82 | 0.85 | 28.4% | 84.00 | CSIQ^^170120P00013000 | 1445 | |
| STMP | 94.27 | 83.0 | 04-Nov-16 | 5 | 1.60 | 116.5% | 159.00 | STMP^^161104P00083000 | 11 | |
| DATA | 47.82 | 43.0 | 04-Nov-16 | 5 | 0.80 | 111.8% | 79.00 | DATA^^161104P00043000 | 87 | |
| W | 33.37 | 30.0 | 11-Nov-16 | 12 | 0.80 | 73.9% | 79.00 | W^^^^^161111P00030000 | 250 | |
| FOSL | 26.49 | 23.0 | 16-Dec-16 | 47 | 0.85 | 27.8% | 84.00 | FOSL^^161216P00023000 | 46 | |
| RH | 29.02 | 25.0 | 16-Dec-16 | 47 | 0.95 | 28.6% | 94.00 | RH^^^^161216P00025000 | 26 | |
| YELP | 32.29 | 29.0 | 18-Nov-16 | 19 | 0.85 | 52.9% | 84.00 | YELP^^161118P00029000 | 341 | |
| FIT | 13.49 | 12.0 | 18-Nov-16 | 19 | 0.40 | 60.1% | 79.00 | FIT^^^161118P00012000 | 3883 | |
| NAV | 22.38 | 20.0 | 20-Jan-17 | 82 | 1.45 | 31.7% | 144.00 | NAV^^^170120P00020000 | 210 | |
| SHLD | 11.35 | 10.0 | 20-Jan-17 | 82 | 1.22 | 53.2% | 121.00 | SHLD^^170120P00010000 | 7794 | |
| HLF | 60.22 | 54.0 | 04-Nov-16 | 5 | 1.00 | 111.5% | 99.00 | HLF^^^161104P00054000 | 54 | |
| NUS | 62.41 | 56.0 | 18-Nov-16 | 19 | 1.20 | 38.8% | 119.00 | NUS^^^161118P00056000 | 1 | |
| XON | 25.94 | 22.5 | 20-Jan-17 | 82 | 1.45 | 28.1% | 144.00 | XON^^^170120P00022500 | 223 | |
| DDD | 13.76 | 12.0 | 20-Jan-17 | 82 | 0.81 | 29.3% | 80.00 | DDD^^^170120P00012000 | 263 | |
| FSLR | 40.65 | 36.5 | 25-Nov-16 | 26 | 0.84 | 30.7% | 83.00 | FSLR^^161125P00036500 | 5 | |
| SWKS | 75.72 | 68.0 | 18-Nov-16 | 19 | 1.05 | 27.9% | 104.00 | SWKS^^161118P00068000 | 5 | |
| TRIP | 64.34 | 57.5 | 11-Nov-16 | 12 | 0.80 | 38.6% | 79.00 | TRIP^^161111P00057500 | 38 | |
| ACAD | 22.57 | 20.0 | 16-Dec-16 | 47 | 1.75 | 66.2% | 174.00 | ACAD^^161216P00020000 | 910 | |
| PBYI | 39.25 | 35.0 | 18-Nov-16 | 19 | 1.55 | 80.3% | 154.00 | PBYI^^161118P00035000 | 445 | |
| SCTY | 20.53 | 18.0 | 20-Jan-17 | 82 | 1.71 | 41.5% | 170.00 | SCTY^^170120P00018000 | 3718 | |
| REGN | 355.83 | 320.0 | 18-Nov-16 | 19 | 5.20 | 29.6% | 519.00 | REGN^^161118P00320000 | 189 | |
| GPRO | 13.60 | 12.0 | 16-Dec-16 | 47 | 0.94 | 58.9% | 93.00 | GPRO^^161216P00012000 | 546 | |
| SRPT | 40.90 | 36.0 | 18-Nov-16 | 19 | 0.85 | 42.6% | 84.00 | SRPT^^161118P00036000 | 392 | |
| NVDA | 70.56 | 63.5 | 11-Nov-16 | 12 | 0.79 | 34.5% | 78.00 | NVDA^^161111P00063500 | 1 | |
| MNK | 61.38 | 55.0 | 16-Dec-16 | 47 | 1.90 | 26.1% | 189.00 | MNK^^^161216P00055000 | 166 | |
| MOMO | 25.54 | 22.5 | 20-Jan-17 | 82 | 1.75 | 34.0% | 174.00 | MOMO^^170120P00022500 | 88 | |
| AMBA | 61.28 | 55.0 | 16-Dec-16 | 47 | 2.00 | 27.5% | 199.00 | AMBA^^161216P00055000 | 4 | |
| VRX | 20.35 | 18.0 | 11-Nov-16 | 12 | 1.10 | 170.0% | 109.00 | VRX^^^161111P00018000 | 49 | |
| ENDP | 19.57 | 17.5 | 16-Dec-16 | 47 | 1.00 | 43.0% | 99.00 | ENDP^^161216P00017500 | 30 | |
| TCK | 21.07 | 18.0 | 20-Jan-17 | 82 | 1.09 | 26.4% | 108.00 | TCK^^^170120P00018000 | 1597 | |
| X | 19.31 | 17.0 | 16-Dec-16 | 47 | 0.82 | 36.2% | 81.00 | X^^^^^161216P00017000 | 556 |
Pete A