Publications

7/21/16 Trade Alert: Bull Run 155

 Please Note: Four Separate Trades   1. Put Credit Spread on Casey’s General Stores (Nasdaq: CASY) “Buy to Open” September $125 Put and “Sell to Open” September $130 Put Option Symbols: CASY160916P125 and CASY160916P130 Limit Order Price: Net credit of $1.60 or more ($160 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: […]… Read More

AMGN, CELG, GILD: Biotech Bullish Bonanza

[jwplatform xVnWmKju]    Please Note: Three Separate Trades   1. Call Debit Spread on Amgen (Nasdaq: AMGN) “Buy to Open” July (4th week) $162.50 Call and “Sell to Open” July (4th week) $165 Call Option Symbols: AMGN160722C162.5 and AMGN160722C165 Limit Order Price: Net debit of $1.10 or less ($110 per spread) – good ’til canceled (GTC) […]… Read More

DISH, WDC: Climbing Out of the Hole

 Please Note: Two Separate Trades   1. Vertical Roll on Western Digital (Nasdaq: WDC) to August “Buy to Close” July $45 Call and “Sell to Close” July $40 Call and “Buy to Open” August $40 Put and “Sell to Open” August $47.50 Put Option Symbols: WDC160715C40 and WDC160715C45 and WDC160819P40 and WDC160819P47.5 Limit Order Price: Net credit of $6.05 or more ($605 per spread)–day order If your […]… Read More

7/15/16 Trade Alert: Out-of-the-Money Rolls

Please Note: Two Separate Trades   1. Vertical Roll on Biogen (Nasdaq: BIIB) to September “Buy to Close” July $240 Put and “Buy to Open” September $225 Put and “Sell to Open” September $245 Put Option Symbols: BIIB160715P240 and BIIB160916P225 and BIIB160916P245 Limit Order Price for Three-Legged Vertical Roll: Net credit of $4.70 or more ($470 per spread)–day order For those using thinkorswim, […]… Read More

SPY: Hedge Roll Part 2

Vertical Roll on SPDR S&P 500 ETF (NYSE: SPY) to August “Buy to Close” July $212.50 Call and “Sell to Close” July $214.50 Call and “Buy to Open” August $221 Call and “Sell to Open” August $216 Call Option Symbols: SPY160715C212.5 and SPY160715C214.5 and SPY160819C216 and SPY160819C221 Limit Order Price: Net credit of $0.30 or more ($30 per spread)–good-til-canceled (GTC) order If your […]… Read More

7/14/16 Trade Alert: Not Low Enough

 Vertical Roll on Lowe’s Companies (NYSE: LOW) to August “Buy to Close” July $79 Call and “Buy to Open” August $90 Call and “Sell to Open” August $82.50 Call Option Symbols: LOW160715C79 and LOW160819C82.5 and LOW160819C90 Limit Order Price for Three-Legged Vertical Roll: Net debit of $1.50 or less ($150 per spread) — good-til-canceled (GTC) order For those using thinkorswim, use the “butterfly” order type and […]… Read More

7/14/16 Trade Alert: Bastille Day

 Please Note: Five Separate Trades   1. Call Credit Spread on American Express (NYSE: AXP) “Buy to Open” August (4th week) $68 Call and “Sell to Open” August (4th week) $64 Call Option Symbols: AXP160826C68 and AXP160826C64 Limit Order Price: Net credit of $1.15 or more ($115 per spread) – good ’til canceled (GTC) Directional View […]… Read More

AXP, BIDU, HAL, UA: Stocks Break Out

[jwplatform f83f436F]   Please Note: Four Separate Trades   1. Call Debit Spread on Under Armour Class A (NYSE: UA) “Buy to Open” July (4th week) $40 Call and “Sell to Open” July (4th week) $41 Call Option Symbols: UA160722C40 and UA160722C41 Limit Order Price: Net debit of $0.50 or less ($50 per spread) – good […]… Read More

SPY: Hedge Roll

  Vertical Roll on SPDR S&P 500 ETF (NYSE: SPY) to July (3rd week) “Buy to Close” July (2nd week) $210 Call and “Sell to Close” July (2nd week) $211 Call and “Buy to Open” July (3rd week) $214.50 Call and “Sell to Open” July (3rd week) $212.50 Call Option Symbols: SPY160708C210 and SPY160708C211 and SPY160715C212.5 and SPY160715C214.5 Limit Order Price: Net debit of […]… Read More

7/8/16 Trade Alert: Climbing Out of a Rut

Please Note: The following recommended trade only applies to those OFI members who already have positions in the Russell 2000 bull put spread. Do NOT do this trade as an initial position. Call Credit Spread on Russell 2000 Index (Chicago Options: ^RUT) “Buy to Open” July $1210 Call and “Sell to Open” July $1190 Call Option Symbols: RUT160715C1190 and RUT160715C1210 Limit Order Price: […]… Read More