Publications

CSCO: Bearish Soda Replacement

Put Debit Spread on Cisco Systems (Nasdaq: CSCO) “Buy to Open” May (4th week) $28 Put and “Sell to Open” May (4th week) $27 Put Option Symbols: CSCO160527P28 and CSCO160527P27 Limit Order Price: Net debit of $0.45 or less ($45 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Bearish Trade Style: Aggressive Speculation […]… Read More

5/19/16 Trade Alert: Take the Heart for a Whirl

Please Note: Four Separate Trades   1. Put Credit Spread on Edwards Lifesciences (NYSE: EW) “Buy to Open” August $90 Put and “Sell to Open” August $95 Put Option Symbols: EW160819P90 and EW160819P95 Limit Order Price: Net credit of $1.55 or more ($155 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

Flash Alert: Correction to May 18th Trade Alert on GlaxoSmithKline (GSK)

Dear OFI members, I forgot that our GSK May options were automatically converted into the non-standard “GSK1” options series because of a special dividend. https://www.jimfinkinvesting.com/2-11-16-trade-alert-retail-roulette/ https://www.jimfinkinvesting.com/2-11-16-trade-alert-retail-roulette/ Consequently, most brokers won’t allow you to roll GSK in a single, four-legged trade because it would mean mixing non-standard GSK1 options with standard GSK options. You must close out […]… Read More

5/18/16 Trade Alert: May Rolling Commences

 Please Note: Six Separate Trades   1. Vertical Roll on W.W. Grainger (NYSE: GWW) to July “Buy to Close” May $220 Put and “Sell to Close” May $200 Put and “Buy to Open” July $200 Put and “Sell to Open” July $220 Put Option Symbols: GWW160520P200 and GWW160520P220 and GWW160715P200 and GWW160715P220 Limit Order Price: Net credit of $3.35 or more ($335 […]… Read More

5/18/16 Trade Alert: Amazon Closeout

Closing Out Amazon.com (Nasdaq: AMZN) “Buy to Close” May $695 Call and “Sell to Close” May $710 Call Option Symbols: AMZN160520C695 and AMZN160520C710 Limit Order Price: Net debit of $4.75 or less ($475 per spread) — day order Options for Income Portfolio: Downside Protection Hedges Tell your broker: I’d like to enter an option spread order on Amazon.com (AMZN). Specifically, I want […]… Read More

5/17/16 Trade Alert: Volatility Surge Dead Ahead

Vertical Roll on Volatility Index (VIX) to June “Buy to Close” May $18 Put and “Buy to Open” June $13 Put and “Sell to Open” June $18 Put Option Symbols: VIX160518P18 and VIX160615P13 and VIX160615P18 Limit Order Price for Three-Legged Vertical Roll: Net debit of $0.70 or less ($70 per spread) For those using thinkorswim, use the “butterfly” order […]… Read More

AAPL, KO: Phone Up the Soda Fizzle

[jwplatform DebZU9Rs]   Please Note: Two Separate Trades   1. Call Debit Spread on Apple (Nasdaq: AAPL) “Buy to Open” May $93.50 Call and “Sell to Open” May $94.50 Call Option Symbols: AAPL160520C93.5 and AAPL160520C94.5 Limit Order Price: Net debit of $0.50 or less ($50 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: […]… Read More

INTC: Assignment Cleanup

Please Note: The following recommended trade only applies to those VT members who got assigned Intel stock over the weekend. Do NOT do this trade as an initial position.   Sell Intel (Nasdaq: INTC) Sell Intel Stock Stock Symbol: INTC Limit Order Price: $30.00 per share or more–day order  Tell your broker: I want to sell the shares of […]… Read More

5/13/16 Trade Alert: Oil Closeout

Closing Out Chevron (NYSE: CVX) “Buy to Close” May $90 Call and “Sell to Close” May $82.50 Call Option Symbols: CVX160520C82.5 and CVX160520C90 Limit Order Price: Net credit of $7.45 or more ($745 per spread) — good-til-canceled (GTC) order Options for Income Portfolio: Conservative Income Tell your broker: I’d like to enter an option spread order on Chevron (CVX). Specifically, I want […]… Read More

DE, DAL: Cyclical Rolls

Please Note: Two Separate Trades    1. Vertical Roll on Deere & Co. (NYSE: DE) to May (3rd week) “Buy to Open” May (3rd week) $88.50 Call and “Sell to Open” May (3rd week) $84.50 Call Option Symbols: DE160520C84.5 and DE160520C88.5 Limit Order Price: Net credit of $1.15 or more ($115 per spread) – day order Directional View for Underlying Stock: Neutral to Bearish Trade […]… Read More