OK, I'm formatting this for the Top Trade People, who haven't had a pick in a week! 
That one was INFN, DBA and SKX though so, you're welcome...
Anyway, on to other stuff we like. This morning, I featured KATE as a retail play I like and they popped 4% already but still playable and the same notes with adjusted prices are as follows:
Meanwhile, there are plenty of stock bargains to be had. We'll be adding to Sunpower (SPWR) at $10 today, they took a viscious hit on earnings (down 30%). KATE is also looking exciting at $17.85 as their 13.7% revenue growth wasn't enough to satisfy traders who bailed on the stock because same-store sales were "only" up 4% in this dismal retail environment.
Meanwhile, with a net quarterly income of $26.8M in a slow quarter and a market cap of $2.2Bn, this is a reasonably-priced retail play at $17.85 but here's the difference at PSW – because we never pay retail for a stock! Step one for us in entering a new position is Buying A Stock for a 15-20% Discount – part of our video educational series. In the case of KATE, we can sell the 2018 $15 puts for $2.30, which nets us into the stock for $12.70, which is 29.3% below the current price.
Selling a put contract obligates us to buy the stock for (in this case) $15 in exchange for the contract buyer paying us $2.50 up front. They can never get that $2.30 back – all they can do is excercise the contract between now and January 2018, forcing us to buy 100 shares (per contract) of KATE for $15 ($1,500). That's our entire obligation, to buy KATE for $2.85 (15.6%) below the current price but we also have the $2.50 cash – giving us the net 30% discount.
