Magic Formula List June 2015

A new list is ready at the online spreadsheet.

As always, the list was prepared with the following guidelines and is a good starting point for long term option contracts.

Here are the few items at the top:

Company name Symbol Market cap P/E ratio ROA (TTM) (%) Average volume RANK
Enzon Pharmaceuticals Inc ENZN 57.88M 2.08 103.48 1.54M 1
Whiting USA Trust II WHZ 60.54M 1.32 46.89 318908 2
Nordion Inc(USA) NDZ 804.20M 2.89 53.9 520221 3
A. H. Belo Corporation AHC 119.19M 1.39 35.68 91555 4
Green Brick Partners Inc GRBK 328.75M 3.15 32.45 69226 5
PDL BioPharma Inc PDLI 1.06B 3.33 33.95 2.65M 6
Hugoton Royalty Trust HGT 154.40M 3.8 41.29 154014 7
Chemtura Corp CHMT 2.01B 3.2 31.05 737908 8
Yongye International Inc YONG 357.33M 2.07 26.04 1.15M 9
Sino Agro Food Inc SIAF 236.77M 2.36 24.23 109297 10
Tekla Healthcare Investors HQH 1.29B 4.14 33.13 86761 11
The India Fund, Inc. IFN 762.98M 3.27 26.79 114351 12
SandRidge Permian Trust PER 404.25M 3.42 28.77 421837 13
KB Home KBH 1.38B 1.65 22.23 2.68M 14
Ampliphi Biosciences Corp APHB 50.69M 5.47 52.32 833935 15
BP Prudhoe Bay Royalty Trust BPT 1.37B 5.84 22985.52 154065 16
Christopher & Banks Corporation CBK 151.42M 3.65 25.32 417585 17
Chesapeake Granite Wash Trust CHKR 363.71M 4.74 31.19 247417 18
Rite Aid Corporation RAD 8.66B 4.29 26.68 17.99M 19
Accretive Health, Inc. ACHI 555.44M 4.25 24.37 107789 20
VOC Energy Trust VOC 101.32M 4.35 22.56 56842 21
Enanta Pharmaceuticals Inc ENTA 807.68M 7.19 65.37 286059 22
Sanderson Farms, Inc. SAFM 1.75B 5.83 28.42 522388 23
Compass Diversified Holdings CODI 899.75M 3.35 19.85 150910 24
SandRidge Mississippian Trust II SDR 216.30M 3.13 18.43 195385 25
Radian Group Inc RDN 3.52B 3.72 19.53 1.87M 26
King Digital Entertainment PLC KING 4.52B 7.68 53.37 2.23M 27
Alliance Resource Partners, L.P. ARLP 1.95B 5.71 21.84 249690 28
Pacific Coast Oil Trust ROYT 141.60M 3.3 17.73 153052 29
IDT Corporation IDT 450.34M 4.86 19.86 111663 30
Goodyear Tire & Rubber Co GT 8.37B 3.14 16.24 4.29M 31
GlaxoSmithKline plc (ADR) GSK 102.28B 6.52 20.78 4.02M 32
iShares NASDAQ Biotechnology Index (ETF) IBB 8.89B 6.61 20.99 1.56M 33
Yahoo! Inc. YHOO 37.98B 5.66 19.03 15.55M 34
Pilgrim’s Pride Corporation PPC 6.27B 7.78 26.97 1.33M 35
Macquarie Infrastructure Corp MIC 6.89B 6.63 20.53 720533 36
Abraxas Petroleum Corp. AXAS 316.45M 5.84 18.72 1.33M 37
Hi-Crush Partners LP HCLP 1.16B 8.93 35.84 316839 38
Permian Basin Royalty Trust PBT 384.52M 9.59 1065.77 100934 39
San Juan Basin Royalty Trust SJT 508.97M 9.61 390.49 136492 40
Northern Tier Energy LP NTI 2.23B 8.1 23.53 455577 41
Dow 30SM Enhanced Premium & Incm Fd Inc DPO 390.00M 5.99 17.24 82763 42
Alon USA Partners LP ALDW 1.23B 7.27 19.67 202993 43
Pampa Energia S.A. (ADR) PAM 996.69M 3.27 14.75 181464 44
Eaton Vance Municipal Income Trust EVN 295.15M 3.82 14.87 75192 45
Hovnanian Enterprises, Inc. HOV 404.51M 1.49 14.03 2.40M 46
REX American Resources Corp REX 483.88M 7.21 18.48 166556 47
DST Systems, Inc. DST 4.50B 8.06 20.77 162106 48
SWK Holdings Corp SWKH 208.50M 7.31 18.74 62966 49
DNP Select Income Fund Inc. DNP 2.93B 5.32 15.09 338087 50

Have fun!

Magic Formula list for January 2015

The full list for January 2015 is here. The top 50 of that list are here for convenience but you’re more than welcome to take a peek at the complete list which has more than 2000 stocks in it.

The logic of making the ranking is detailed in this blog post.

Enjoy! And don’t trade with other people’s money.

Company name Symbol Market cap P/E ratio Return on assets (TTM) (%) Average volume Rank
Breitling Energy Corp BECC 179.72M 1.47 595.85 97351 1
CannaVEST Corp CANV 115.29M 1.55 197.26 132929 2
USA Technologies, Inc. USAT 61.02M 2.26 50.25 143091 3
Whiting USA Trust II WHZ 120.25M 2.31 40.16 345718 4
Autobytel Inc. ABTL 81.44M 2.72 49.6 80198 5
Nordion Inc(USA) NDZ 804.20M 2.89 53.9 520221 6
magicJack VocalTec Ltd CALL 136.45M 2.43 32.66 261432 7
National Holdings Corporation NHLD 60.97M 3.3 39.54 205911 8
Yongye International Inc YONG 357.33M 2.07 26.04 1.15M 9
Pain Therapeutics, Inc. PTIE 90.60M 3.97 47.79 155557 10
St. Joe Co JOE 1.51B 3.64 42.1 496525 11
PDL BioPharma Inc PDLI 1.21B 3.94 46.58 2.93M 12
Pingtan Marine Enterprise Ltd PME 208.20M 2.47 27.86 104482 13
MV Oil Trust MVO 169.62M 4.35 150.3 112223 14
Entravision Communication EVC 560.15M 3.56 34.25 748997 15
VOC Energy Trust VOC 89.92M 3.29 31.32 167516 16
SandRidge Permian Trust PER 326.20M 2.79 29.46 501336 17
KB Home KBH 1.10B 1.32 23.1 5.61M 18
Petroleum & Resources Corporation PEO 618.01M 2.68 26.93 185452 19
Chesapeake Granite Wash Trust CHKR 277.43M 3.23 29.45 311067 20
Kayne Anderson Energy Development Co. KED 344.59M 2.65 24.79 56036 21
SandRidge Mississippian Trust II SDR 195.95M 2.25 22.88 386914 22
Tekla Healthcare Investors HQH 1.21B 4.18 33.85 171686 23
King Digital Entertainment PLC KING 3.94B 5.17 54.97 1.55M 24
Tekla Life Sciences Investors HQL 509.93M 4.34 32.35 96138 25
Pacific Coast Oil Trust ROYT 214.91M 3.5 24.74 421481 26
Compass Diversified Holdings CODI 885.64M 3.16 22.6 282351 27
Altisource Portfolio Solutions S.A. ASPS 425.13M 3.49 23.8 833677 28
Magnachip Semiconductor Corp MX 512.37M 2.83 22 181143 29
iShares NASDAQ Biotechnology Index (ETF) IBB 7.08B 4.93 29.52 1.62M 30
The India Fund, Inc. IFN 852.63M 4.25 24.27 136257 31
WCI Communities Inc WCIC 482.80M 3.43 21.89 95038 32
Neuberger Berman High Yield Strateges Fd NHS 239.46M 3.34 21.24 74534 33
Accretive Health, Inc. ACHI 634.09M 4.85 24.37 265082 34
Macquarie Infrastructure Company LLC MIC 5.00B 4.83 23.99 391183 35
Kingold Jewelry Inc KGJI 72.61M 1.47 18.05 90104 36
Eaton Vance Enhanced Equity Incm. Fd. II EOS 644.78M 4.48 21.94 132751 37
Adams Express Company ADX 1.27B 4.32 21.42 127884 38
SWK Holdings Corp SWKH 135.74M 3.81 20.37 54419 39
Royce Value Trust Inc RVT 1.02B 3.69 20.03 231471 40
Overstock.com, Inc. OSTK 537.99M 6.48 33.94 161285 41
Immersion Corporation IMMR 258.51M 6.72 41.47 199823 42
BP Prudhoe Bay Royalty Trust BPT 1.58B 7.22 22955.04 267109 43
REX American Resources Corp REX 429.69M 5.3 22.07 218661 44
Brunswick Corporation BC 4.84B 6.29 28.47 1.04M 45
Abraxas Petroleum Corp. AXAS 288.70M 4.73 20.94 2.94M 46
Cohen and Steers Global Income Builder INB 263.74M 4.01 18.86 65056 47
Sandridge Mississippian Trust I SDT 99.68M 2.54 17.07 216160 48
Hugoton Royalty Trust HGT 310.00M 7.32 42.75 273088 49
Tri-Continental Corporation TY 1.29B 4.63 19.38 53922 50
Seadrill Ltd SDRL 4.83B 1.22 16.11 16.39M 51
IDT Corporation IDT 514.28M 5.36 20.58 177558 52

October 2014 monthly ranking of stocks

The full list for October 2014 is here. The top 20 of that list are here for convenience but you’re more than welcome to take a peek at the complete list which has more than 2000 stocks in it.

The logic of making the ranking is detailed in this blog post.

Enjoy! And don’t trade on too much money.

Company name Symbol Market cap final rank
Enzon Pharmaceuticals Inc ENZN 48.98M 1
Breitling Energy Corp BECC 299.45M 2
USA Technologies, Inc. USAT 63.37M 3
Autobytel Inc. ABTL 77.04M 4
Nordion Inc(USA) NDZ 804.20M 5
King Digital Entertainment PLC KING 4.03B 6
Sino Agro Food Inc SIAF 146.16M 7
PulteGroup, Inc. PHM 6.61B 8
magicJack VocalTec Ltd CALL 169.05M 9
Entravision Communication EVC 351.13M 10
Yongye International Inc YONG 357.33M 11
H&Q Healthcare Investors HQH 796.36M 12
H&Q Life Sciences Investors HQL 333.42M 13
The St. Joe Company JOE 1.82B 14
Whiting USA Trust II WHZ 225.03M 15
PDL BioPharma Inc PDLI 1.21B 16
SWK Holdings Corp SWKH 141.69M 17
Petroleum & Resources Corporation PEO 752.11M 18
SandRidge Mississippian Trust II SDR 308.30M 19
Overstock.com, Inc. OSTK 394.04M 20

September 2014 monthly ranking of stocks

A new monthly ranking is ready for September 2014. It is based on the modified ‘Magic Formula Investing’ ideas of Joel Greenblatt.

The first 30 stocks are shown here, but it’s more interesting to watch the complete list and search for famous companies like $AAPL or $MSFT and see where they are ranked.

The details of how I make this spreadsheet is in this post, I won’t repeat it here.

Company name Symbol final rank % rank
Breitling Energy Corp BECC 1 0.04%
USA Technologies, Inc. USAT 2 0.08%
Enzon Pharmaceuticals Inc ENZN 3 0.12%
Autobytel Inc. ABTL 4 0.16%
King Digital Entertainment PLC KING 5 0.20%
Nordion Inc(USA) NDZ 6 0.24%
Sino Agro Food Inc SIAF 7 0.28%
PulteGroup, Inc. PHM 8 0.32%
magicJack VocalTec Ltd CALL 9 0.36%
H&Q Healthcare Investors HQH 10 0.41%
H&Q Life Sciences Investors HQL 11 0.45%
Yongye International Inc YONG 12 0.49%
Entravision Communication EVC 13 0.53%
Whiting USA Trust II WHZ 14 0.57%
The St. Joe Company JOE 15 0.61%
SWK Holdings Corp SWKH 16 0.65%
SandRidge Mississippian Trust II SDR 17 0.69%
Petroleum & Resources Corporation PEO 18 0.73%
Dow 30SM Enhanced Premium & Incm Fd Inc DPO 19 0.77%
iShares NASDAQ Biotechnology Index (ETF) IBB 20 0.81%
Overstock.com, Inc. OSTK 21 0.85%
PDL BioPharma Inc PDLI 22 0.89%
SandRidge Permian Trust PER 23 0.93%
Magnachip Semiconductor Corp MX 24 0.97%
Delta Air Lines, Inc. DAL 25 1.01%
Chesapeake Granite Wash Trust CHKR 26 1.05%
Brunswick Corporation BC 27 1.09%
WCI Communities Inc WCIC 28 1.13%
Eaton Vance Enhanced Equity Incm. Fd. II EOS 29 1.18%
Sandridge Mississippian Trust I SDT 30 1.22%

 

Actual Option trades September 2nd, 2014

Today I opened a new $VFC bull call spread by buying VFC Jan 16, 2015 $65 Calls at $2.05 and at the same time selling VFC Jan 16, 2015 $70 Calls at $0.55 for a total cost of $150 per each 100 share contract.

This is a long term position and will be managed and adjusted periodically.

Another more speculative position is in $AAPL, since the market heats up in anticipation for the September 9th, 2014 announcement, and the stock is crawling up, I bought some very short time horizon calls, the Ones expiring a few days after the event, on Sep 12, 2014.

I decided on some currently out of the money calls and bought some AAPL Sep 12th, 2014 $105 and $106 Calls.

In the coming days I will also buy Puts on $AAPL out of the money but pretty close since the short time to expiration will make them cheap. The Price will react violently on and after September 9th and the options will appreciate, at least one of the legs will appreciate enough to compensate for the loss on the other leg.

That’s the theory at least. The worst scenario from my perspective would be if the stock would not move enough on the 9th or the following days and the Calls and Puts will expire worthlessly.

That would turn this into a learning experience, but I’m counting on Apple to make an exciting event which will remind people of Apple and ask their broker to buy some for their account…