OPTIONS 

Option trading is ideal for investors who want to invest a small amount of capital, have the potential for relatively large gains, and are willing to accept the chance that some options will not be profitable because the stock price does not change by the desired amount within the chosen time interval.

For all selections, we provide the closing stock price, the recommended strike price and option duration, and the maximum price you should pay for the option. 

We also recommend when the option should be sold, either for a profit or to minimize a loss.  

If you purchase an option, you should follow the market very closely as the time for a profitable trade is often very short. 

November 17, 2022

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Stock Wealth Safely is buying a PUT option on SLB, strike 52.50, expiration February 17, 2023. SLB closed on November 17, 2022 at 52.83. 

 

The price of the last trade was 4.80, the ask is 4.50 and theoretical value 4.42.  We will place a limit order at 4.80. We will sell at market if the stock price drops below 51.25 and placed at stop loss at a stock price of 56.53.​

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November 15, 2022

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Stock Wealth Safely is buying a PUT option on MRK, strike 97.50, expiration March 17, 2023.

 

MRK closed on November 15 at 99.60. The last trade was 4.30, the ask is 4.45 and theoretical value 4.30. We will place a limit order at 4.40. We will sell at market if the stock price drops to 96.61 and place a stop loss if the stock price rises to 106.57.​

             November 11, 2022

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Stock Wealth Safely is buying a CALL option on AXP, strike 155, expiration April 21, 2023.

AXP closed on November 11, 2022 at 154.89.  The price of the last trade was 15.40, the ask is 15.20 and theoretical value 14.95.  We will place a limit order at 15.50. We will sell at market if the stock price 154.54 and placed a stop loss at a stock price of 150.24.

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Stock Wealth Safely is buying a CALL option on ICE, strike 105, expiration March 17, 2023.

ICE closed on November 11, 2022 at 104.32.  The price of the last trade was 6.80, the ask is 7.10 and theoretical value 6.80.  We will place a limit order at 7.10. We will sell at market if the stock price 107.45 and placed a stop loss at a stock price of 101.19.

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Stock Wealth Safely is buying a CALL option on KO, strike 62.50, expiration March 17, 2023.

 

KO closed on November 1, 2022 at 61.32.  The price of the last trade was 2.39, the ask is 2.43 and theoretical value 2.39.  We will place a limit order at 2.50. We will sell at market if the stock price 63.16 and placed a stop loss at a stock price of 65.61.​

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November 4, 2022

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Stock Wealth Safely is buying a PUT option on CPB, strike 50, expiration February 17, 2023.

 

CPB closed on November 4 at 50.83. The price of the last trade was 2.40. the ask is 2.40 and theoretical value 2.40. We will place a limit order at 2.60. We will sell at market if the stock price falls below 49.31 and placed a stop loss at a stock price of 54.39.​

             November 3, 2022

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Stock Wealth Safely is buying a PUT option on GL (Globe Life), strike 110, expiration February 17, 2023.

 

GL closed on November 3 at 112.32. The price of the last trade was 5.80, the ask is 4.90 and theoretical value 4.55. We will place a limit order at 5.00. We will sell at market if the price drops below 108.95 and place a stop loss at a stock price of 120.18​

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October 28, 2022

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Stock Wealth Safely is buying a CALL option on K (Kellogg), strike 77.50, expiration March 17,2023. K closed on October 28 at 76.79.

 

The price of the last trade was 3.10, the ask is 4.50 and the theoretical value is 4.35. We will place a limit order at 4.80. We will sell at market if the stock price rises above 79.09 and place a stop loss at a stock price of 71.41

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Stock Wealth Safely is buying a CALL option on CEG (Constellation Energy), strike 95, expiration February 17, 2023. CEG closed on October 28 at 93.75.

 

The price of the last trade was 8.40, the ask is 9.30 and the theoretical value is 8.95. We will place a limit order at 9.50. We will sell at market if the stock price rises above 96.56 and place a stop loss at a stock price of 87.19. ​

             September 27, 2022

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Stock Wealth Safely is buying a CALL option on BIIB (Biogen), strike 200, expiration January 20,2023.

 

BIIB closed September 27 at 197.79. The price of the last trade was 28.52, the ask is 30.40 and the theoretical value is 28.52. We will place a limit order at 30.60. We will sell at market if the price rises above 203.72 and place a stop loss at a stock price of 187.90.​

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September 22, 2022

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Stock Wealth Safely is buying a PUT option on CEG (Constellation Energy), strike 85.00, expiration January 20, 2023.

 

CEG closed at 85.38 on September 22. The price of the last trade was 8.20, the ask is 8.40 and theoretical value 8.15. We will place a limit order at 8.50. We will sell at market if the stock price drops below 82.82. We will place a stop loss at a stock price of 89.65​.

             September 16, 2022

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Stock Wealth Safely is buying a PUT option on AES (Aes Corp), strike 25.00, expiration January 20, 2023.

 

AES closed at 25.92 on September 16. The price of the last trade was 1.60, the ask is 1.80 and theoretical value 1.60. We will place a limit order at 1.90. We will sell at market if the stock price drops below 25.14. We will place a stop loss at a stock price of 27.22​.

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September 13, 2022

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Stock Wealth Safely is buying a PUT option on CAH (Cardinal Health), strike 67.50, expiration January 20, 2023. CAH closed at 66.83 on September 13.

 

The price of the last trade was 5.00, the ask is 5.40 and theoretical value 5.25. We will place a limit order at 5.50. We will sell at market if the stock price drops below 64.83. We will place a stop loss at a stock price of 70.17​.

             August 26, 2022

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Stock Wealth Safely is buying a PUT option on K (Kellogg) with a strike of 72.50 and expiration January 20, 2023.

 

K closed August 26 at 73.85. Prices on August 26 were bid 3.30, ask 3.50, last 2.60 and theoretical (Black-Sholes) 3.40. We will place a limit order at 3.70. We will sell the option at market price if the stock drops below 71.63 and place a stop loss if the stop price rises above 79.02.

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August 10, 2022

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Stock Wealth Safely is buying a CALL option on CHRW (CHRW) with a strike of 115.00 and expiration November 21, 2022.

 

CHRW closed on August 10 at 115.60. Prices on August 10 were Open 6.10, High 7.40, Low 6.10 and Last 7.40. The Bid is 7.20 and Ask is 7.60. We will place a limit order at 7.80. We will sell the option at market price if the stock price rises above 119.07 and place a stop loss if the stock price drops below 107.51.​

             July 25, 2022

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Stock Wealth Safely is buying a CALL option on QCOM (Qualcomm) with a strike of 155.00 and expiration October 21, 2022.

 

QCOM closed on July 25 at 153.25. Prices on July 25 were Open 12.65, High 12.90, Low 12.00 and Last 12.20. The Bid is 12.55 and Ask is 12.75. We will place a limit order at 12.95. We will sell the option at market price if the stock price rises above 157.85 and place a stop loss if the stock price drops below 142.52.​