Publications

ETN: Cautious Roll

 Vertical Roll on Eaton Corporation (NYSE: ETN) to November (1st Week) “Buy to Open” November (1st week) $63 Call and “Sell to Open” November (1st week) $64 Call Option Symbols: ETN161104C63 and ETN161104C64 Limit Order Price: Net debit of $0.45 or less ($45 per spread)–day order Directional View for Underlying Stock: Bullish Trade Style: Aggressive Speculation – Stock Must Move Margin […]… Read More

10/28/16 Trade Alert: Yen for an Apple

Note: Three Rolls    1. Vertical Roll on Apple (Nasdaq: AAPL) to December (1st week) “Buy to Close” October (4th week) $110 Put and “Buy to Open” December (1st week) $101 Put and “Sell to Open” December (1st week) $110 Put Option Symbols: AAPL161028P110 and AAPL161202P101 and AAPL161202P110 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.95 or more […]… Read More

10/27/16 Trade Alert: Midstream is the New Black

Note: Two New Trades and Five Rolls    1. Put Credit Spread on Magellan Midstream Partners (NYSE: MMP) “Buy to Open” January $62.50 Put and “Sell to Open” January $67.50 Put Option Symbols: MMP170120P62.5 and MMP170120P67.5 Limit Order Price: Net credit of $1.35 or more ($135 per spread) – good ’til canceled (GTC) Directional View […]… Read More

10/26/16 Trade Alert: Calendar Spread Recreated

Please note: The following SPY trade applies only to those OFI members who already have a long position in the January $200 put. All others can ignore this SPY trade. Sell November $200 Put on S&P 500 ETF (NYSE: SPY) “Sell to Open” November $200 Put Option Symbols: SPY161118P200 Limit Order Price: $0.45 or more […]… Read More

10/25/16 Trade Alert: Election Volatility

  Vertical Roll on Volatility Index (VIX) to November (9th) “Buy to Close” October (26th) $17 Put and “Buy to Open” November (9th) $12 Put and “Sell to Open” November (9th) $17 Put Option Symbols: VIX161026P17 and VIX161109P12 and VIX161109P17 Limit Order Price for Three-Legged Vertical Roll: Net debit of $0.30 or less ($30 per spread)–day order For those using thinkorswim, use […]… Read More

ETN, MA: Master of Eats

[video_upload file=”https://cdn1.investingdaily.com/videos/converted/2016-10-25_3-14-38-1477380075.mp4″ image=”https://cdn1.investingdaily.com/videos/thumbnails/2016-10-25_3-14-38-1477380075-00001.png”]   Please Note: Two Separate Trades   1. Call Debit Spread on Eaton Corporation (NYSE: ETN) “Buy to Open” October (4th week) $63 Call and “Sell to Open” October (4th week) $64 Call Option Symbols: ETN161028C63 and ETN161028C64 Limit Order Price: Net debit of $0.50 or less ($50 per spread) – good ’til […]… Read More

iShares Silver Trust (SLV): Buy Call Option

“Buy to Open” April $17 Call on iShares Silver Trust (NYSE: SLV) Option ticker symbol: SLV170421C17 Limit order price: $1.10 per share or less ($110 per contract) Directional View for Underlying Stock: Bullish Current SLV Stock Price: $16.69 Time-Value Premium to Current Stock Price: 8.4% [($17+1.10)/$16.69)-1] Breakeven Stock Price: $18.10 ($17+1.10) Discounted Price of One Call Option vs. 100 […]… Read More

CSX, EOG, QCOM, WDC: Forever Young

Please Note: Four Rolls   1. Vertical Roll on Qualcomm (Nasdaq: QCOM) to November (2nd week) “Buy to Close” October $65 Call and “Sell to Close” October $66 Call and “Buy to Open” November (2nd week) $72 Call and “Sell to Open” November (2nd week) $69 Call Option Symbols: QCOM161021C65 and QCOM161021C66 and QCOM161111C69 and QCOM161111C72 Limit Order Price: Breakeven or more ($0 per spread)–day order If […]… Read More

10/20/16 Trade Alert: Traveling to January

 Vertical Roll on Travelers Companies (NYSE: TRV) to January “Buy to Close” October $115 Put and “Sell to Close” October $110 Put and “Buy to Open” January $105 Put and “Sell to Open” January $115 Put Option Symbols: TRV161021P110 and TRV161021P115 and TRV170120P105 and TRV170120P115 Limit Order Price: Net credit of $0.30 or more ($30 per spread)–good-til-canceled (GTC) order If your broker doesn’t allow four-legged trades, […]… Read More

10/20/16 Trade Alert: Botox Bungee Jump

 Please Note: Two New Trades and One Roll   1. Put Credit Spread on Bunge Limited (NYSE: BG) “Buy to Open” January $52.50 Put and “Sell to Open” January $57.50 Put Option Symbols: BG170120P52.5 and BG170120P57.5 Limit Order Price: Net credit of $1.25 or more ($125 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More