Monday, November 1, 2010 EST

The Covered Call and Cash Secured Put Search is a powerful tool for option sellers. If you are looking to generate income from selling puts or covered callls on high quality stocks our Option Search Engine will help you find it.

Each day at the close of the market we update our option search database with over 2,750 stocks and over 100,000 options.  With the use of our advanced screening/search tools you can narrow your search for profitable income trades in seconds. 

In order for an option to make it to our search database it must have at least 1/2% return on investment (ROI) or greater. Why start at 1/2%? These options can make for great trades one week prior to expiration. You will find many options that have a ROI of 5,10, even 15% or more.  Typically options with a higher ROI and near term expiration present additional risk.  This is why features such as Probability Of Assignment and Downside Protection can help option writers take on profitable trades and filter out trades that present more risk.  

Expert Option Search: This search feature was designed for the serious option writer. With many powerful search features the Expert Search is tool that can be used to prospect for option profits. You do the searching, analyze the results, and make the call.

Option Types:
Search for Covered Calls or Cash Secured Puts

Expiration Date: Search one or all expiration dates

Stock Symbols: Filter your search down to a group of stock symbols or leave this area blank and search over 1700 stocks!

Probability of Assignment (POA): Low POA options can be good choices for selling puts for income where you do not want to take assignment.

Out of The Money (OTM): Search for covered calls or Cash Secured put trades 1,2, 10% or more out of the money. The goal of this feature is to generate income and not take assignment on Cash Secured Puts or have your stocks called away for covered call trades.

Downside Protection (DSP): This feature is best applied to Cash Secured Puts. Searching for Cash Secured Puts (example) with 15% downside protection means that the underlying stock would have to fall 15% before reaching the risk of assignment or loss

Return on Investment (ROI): When you search for Covered Call or Cash Secured Put Trades you want to sell those options with the highest return on investment.

Market Cap: Filter search criteria by Large, Mid, and Small cap stocks

Sector: Filter by sectors such as Technology, Energy... S&P 500, NASDAQ 100 and more

Stock Price: Select a range of stock prices. Example: If you only want to sell Cash Secured puts on stocks trading under $15 dollar use this feature.

Profit/Earning Ratio (P/E): Great feature to limit option choices to stocks that are valued to fit your comfort level. If you are a covered call value investor look for stocks trading between 5 and 18 P/E ratio. If you want growth set the values higher.

Dividend Yield: Many covered call investors like to purchase stocks with big yields then sell covered calls on those stocks to make additional income. Search for ranges in Dividend Yield can assist you in finding those stocks.

Watchlist: Click on the Plus Icon to add options to your personal watchlist.

Click here to for a list of all the features and screen shots for both the Expert and Express option search.

Friday, October 29, 2010 EST
Les Masonson’s (author of All About Market Timing), latest book  was published in May 2010 by the Financial Times Press titled "Buy DON'T Hold" Investing with ETFs Using Relative Strength to Increase Returns with Less Risk.

In the book financial consultant Les Masonson introduces readers to an easy-to-use investing strategy that delivers better returns than buy-and-hold  with less risk.  This book was written for self-directed investors who want to take control of their investment outcomes, rather than leave it to chance.

Masonson shows you how to regain control over your portfolios using low-cost, diverse ETFs selected with his unique Stock Market Dashboard. You’ll learn how to reliably identify market bottoms and tops, so you know exactly when to get in and out. When it’s time to buy, Masonson helps you choose the most suitable ETF market segments with the maximum profit opportunity. He spells out exactly when you need to sell, as well, to protect your hard-earned cash.

* Discover the powerful and accurate Stock Market Dashboard
* Eight “go/no-go” indicators that identify major market shifts in time to act
* The many advantages of investing in a select group of ETFs
* Choosing the right market segments at the right time
* Mastering the powerful relative strength analysis technique
* Your personal investing plan: a six-step roadmap for success
* How to avoid market downturns that will demolish your hard-earned gains, again and again
* How to use ETFs with momentum to improve your returns with reduced risk
* How to determine whether you are a conservative, moderate, or aggressive investor




Les also has a supporting website for the book which contains his Blog, FAQs, and other useful information to use the strategy in the book. Each week on Sunday, Les updates his views on the Stock Market Dashboard with commentary and charts. You can visit the site by clicking here.

About Les Masonson

Leslie N. Masonson, MBA, CCM, is President of Cash Management Resources, a financial consulting firm that he founded in 1987. Masonson's 40-year working career has spanned financial advisory services, trading, investing, banking operations, management, teaching, and cash/treasury management consulting. Most recently, for the past six years he was a Financial Advisor offering investment management services to retail clients. Much earlier in his career, he worked at three large banks for a total of 17 years as a Vice President at Citibank, an Assistant Vice President at Bank of America, and an Assistant Secretary at Irving Trust Company.

He has written more than 50 articles - interviews with traders, and product and book reviews - for numerous financial publications, including Technical Analysis of Stocks & Commodities, Active Trader, and Futures magazine. He has lectured on investing on several cruise lines including Crystal, Celebrity, and Norwegian. In November 2003, he spoke at the Intershow Online Investor's Expo, on "Successfully Trading Stocks for a Living." Masonson has been studying the stock market for more than 50 years. He has invested in mutual funds, stocks, options, futures, and commodities. Masonson has read more than 500 books on investing and trading, and he is proficient in technical analysis.

 

 
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