Options for TheStreet.com (TSCM), founded by Jim Cramer, are now available for trading. For investors who really like Jim Cramer, they can REALLY put their money where his mouth is. Using PowerOptions stock options search engine SmartSearchXL, we searched for bull put spreads on October 2, 2006.
The results of the search are shown below:
| SmartSearchXL bull put spreads search 10/2/2006 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock Sym |
Stock Price 10/2/06 |
Sell Option |
Expire &Strike |
Bid | Buy Option |
Expire &Strike |
Ask | %Return | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TSCM | 10.35 (-0.29) | UGQWB | 06 NOV 10.0 (47) | 0.45 | UGQWU | 06 NOV 7.5 (47) | 0.30 | 6.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TSCM | 10.35 (-0.29) | UGQMB | 07 JAN 10.0 (110) | 0.75 | UGQMU | 07 JAN 7.5 (110) | 0.45 | 13.60 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| TSCM | 10.35 (-0.29) | UGQPB | 07 APR 10.0 (201) | 1.05 | UGQPU | 07 APR 7.5 (201) | 0.65 | 19.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Analysis
Three out-of-the-money Jim Cramer bull put spreads options positions were returned with options expiring in Nov 2006, Jan 2007 and Apr 2007, with potential returns of +6.4%, +13.6% and +19.0%, respectively. All three positions will be fully profitable if Jim Cramer’s TSCM stock price remains above $10.00 on each of the positions respective options expiration day in Nov 2006, Jan 2007 and Apr 2007.
PowerOptions provides a free 14-day trial of its service. So join PowerOptions today, and you too can start reaping the benefits of the Jim Cramer bull put spreads investment strategy.
PowerOptions provides Internet based tools for analyzing stock options with specific search criteria and for finding potentially lucrative option income. For those seeking to execute a bull put spreads investment strategy for their personal portfolios, PowerOptions provides an Internet based search engine for finding potentially lucrative income producing bull put spreads stock options positions.
[tags]stock options, bull put spreads, investment strategy[/tags]