TRADNG STOCK OPTION

Trading stock options using single direction basis can be quite profitable.
For further information on this SINGLE direction method, you may visit another article here in my blog-site just click on this link:
Optionable ETF & stock option

So this method use a simple criteria - follow the trend. When stocks fly to 3YH (3 years high, where prices now are much higher than 2011) or ATH (all time high, where prices now are the highest since IPO listing) we pick such stocks.

Other than up trending prices and breaking higher prices, we also look into volume. Volume in the trades justify demand and better bargains.

The short list below has 37 of the best looking charts and all ready for the next round of buying CALL options. It is still bull market so we trade options on uptrend and buy CALL. Buying PUT will be counter-trend and against this simple method of following the trend.

	Company Code	Company Name
1	ABT	Abbott Laboratories (ABT)
2	ADBE	Adobe Systems Inc
3	ALL	Allstate Insurance
4	AMAT	Applied Materials Inc
5	AXP	American Express
6	BAC	Bank of America Corp (BAC)
7	BBT	BB&T Corp (BBT)
8	BMY	Bristol Myers Squibb Co
9	BX	Blackstone Group LP
10	CMCSA	Comcast Corp Class A
11	DAL	Delta Air Lines Inc
12	DD	E.I. du Pont de Nemours & Co
13	DIS	Disney (Walt) Productions
14	DTV	Directv A
15	GT	Goodyear Tire and Rubber
16	HAL	Halliburton Co
17	INTC	Intel Corp
18	JNJ	Johnson & Johnson
19	KLAC	KLA - Tencor Corp
20	KR	Kroger Co (The)
21	LUV	Southwest Airlines
22	LVS	Las Vegas Sands Cp
23	M	Macys Inc
24	MO	Altria Group
25	MPEL	Melco Crown Entertainment
26	MRK	Merck & Co
27	NEE	NextEra Energy Inc
28	SCHW	Charles Schwab Corp
29	STX	Seagate Tech
30	TSN	Tyson Foods Inc Class A
31	TXN	Texas Instruments
32	UNH	Unitedhealthcare Gp Incorp
33	VLO	Valero Energy Corp (VLO)
34	WAG	Walgreen Co
35	WFC	Wells Fargo & Co (WFC)
36	XLNX	Xilinx Inc
37	YHOO	Yahoo! Inc

You may go to StockCharts.com (free charts) to see some of the charts and make your entry decisions.
Search U.S. Market info (click on the menu above this page).


Note: trading options has risk so you make your own decision.

STOCK WATCH: GOLD ETF, OPTIONABLE ETF

The gold futures chart is still downtrend and so are many metals (see chart captured from Finviz.com on November 20, 2013).

There was a slight rebound middle of last month (October) when most folks thought there will be a tapering of Q.E (Quantitative Easing); supposedly the FED (Federal Reserve, central bank of United States) will stop buying bonds. Now the stocks are still very bullish and gold is bearish. The news are not helpful either. Read this piece from Bloomberg:-

Billionaire hedge fund manager John Paulson, who cut his gold holdings by more than half in the second quarter, maintained his bet on the metal over the next three months as prices rebounded. Global bullion demand tumbled 21 percent last quarter as investors pulled 118.7 metric tons out of ETFs and similar proucts, World Gold Council data show. Billionaire hedge-fund manager John Paulson, founder of Paulson & Co. Paulson’s PFR Gold Fund fell 16 percent in September, bringing the 2013 decline in the $350 million fund to 62 percent, according to a report to investors obtained by Bloomberg News in October. Paulson & Co., the largest investor in the SPDR Gold Trust (GLD), the biggest exchange-traded product for the metal, held 10.23 million shares as of Sept. 30, unchanged from June 30, according to a government filing yesterday. Billionaire George Soros took a stake in the Market Vectors Gold Miners ETF. (GDX) http://www.bloomberg.com/news/2013-11-15/billionaire-paulson-sticks-with-gold-wager-as-prices-rebound.html http://www.bloomberg.com/news/2013-11-17/gold-bears-return-before-yellen-signals-more-easing-commodities.html

So for me, I will buy call or put option, single direction method, base on the trend of the stock (or ETF). Whether the big boys are collecting or holding their positions in these gold ETF, I will base on the chart patterns with technical readings to do my option trades.

For more optionable ETF, see below.

Watch list

How to scan the market with so many thousands of stocks?

Why not try the ETF? But then there are a lot of ETF so which are the ones qualify to buy their options?

Here are some good ones we can watch out:-

INDEX ETF

DIA	SPDR Dow Jones Industrial Average
QQQ	PowerShares QQQ Trust Series 1
IWM	iShares Russell 2000 Index
SPY	SPDR S&P 500

SECTOR ETF
IYR	iShares Dow Jones U.S. Real Estate Index
XRT	SPDR S&P Retail
XLY	Select Sector SPDR Consumer Discretionary
XLE	Select Sector SPDR Energy
XLF	Select Sector SPDR Financial
XLV	Select Sector SPDR Health Care
XLI	Select Sector SPDR Industrial
XLB	Select Sector SPDR Materials
XLK	Select Sector SPDR Technology
XLU	Select Sector SPDR Utilities
COMMODITIES ETF
USO	US Oil Fund
IAU	iShares Gold
GLD	SPDR Gold
SLV	iShares Silver
GDX	Market Vectors Trust Market Vectors Gold Miners

For more information on how to pick stocks or ETF which are optionable as well as would qualify option buying criteria, go to my page here >>

 http://trendtrader-kk.blogspot.com/2012_09_01_archive.html

Hong Kong stock broker

Comparison table of 3 Hong Kong stock brokers:-

click on the yellow shaded names for links to their sites

Company	Commission (electronic trading)	Minimum per transaction
BOOM {Monex Boom Securities HK Ltd}	0.18% per order	HK 88.00
HAITONG {Haitong International Securities Group Ltd}	0.15% per order	HK 100.00
Cashon-line (CFSG) { CASH Financial Services Group Limited}	0.25% per order	HK 100.00

Dow Index members - where to find them?

Check it out from Bloomberg.com, the 30 DOW members.

Check out this link:

http://www.bloomberg.com/quote/INDU:IND/members


It shows the number of up trending and down trending stocks.

So now you can guess the direction of the DOW!

KLSE top 100

Note that w.e.f 24 June 2013, KLCI components will be updated as follow:-

KLCI COMPONENTS w.e.f 24 June 2013 click below for details

KLSE top 100 & high yield

I have been telling my members to trade US or HK markets as they are more lucrative and rewarding. However, many still prefer KLSE so for those Bolihland conservative traders, I have a list of the top 100 market capitalization stocks here for your perusal.
click this link: Top 100 market cap stocks on KLSE   (and download the file).

Also, I have another list of value stocks that are:-

1. high yielding (there are a few hundreds of them on Bursa)
2. not down-trending during such high bullish markets (you will be surprised to see good fundamental stocks that still look bearish)
3. not so volatile (not spike so much)
4. reasonable trade volumes (those nil volumes on some days are taken off the list)
5. continuously making profits and paying dividends for the past few years (not sure will continue to do so in the near future though)
6. Main Board only 

-->> the file: high dividend yield stock list
Go check it out and key them into your watchlist and wait for signals to buy.

You are not sure when to buy?
Go check out T3B SYSTEM web-site:-
http://www.t3bsystem.com/

or contact this office for FREE seminars:-

T3B Malaysia Sdn Bhd

Tel: 603-77281078

Or e-mail: previewmy@t3bsystem.com   

or already a T3B member, then share this post to your friends and let more people learn to trade CORRECTLY!