Publications

During November, Stocks Historically Bottom Right About Now

A small retracement in November of October’s huge stock-market gains should pave the way for a year-end rally higher — perhaps much higher.

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11/12/15 Trade Alert: Wind and Solar are Healthy

Please Note: Two Separate Trades   1. Put Credit Spread on SPDR Health Care ETF (NYSE: XLV) “Buy to Open” December $66 Put and “Sell to Open” December $71 Put Option Symbols: XLV151218P66 and XLV151218P71 Limit Order Price: Net credit of $1.30 or more ($130 per spread) – good ’til canceled (GTC) Directional View for […]… Read More

11/10/15 Trade Alert: Drug Conversion

Vertical Roll on GlaxoSmithKline (NYSE: GSK) to February “Buy to Close” November $47 Put and “Sell to Close” November $39 Put and “Buy to Open” February $37 Call and “Sell to Open” February $47 Call Option Symbols: GSK151120P47 and GSK151120P39 and GSK160219C37 and GSK160219C47 Limit Order Price: Net debit of $10.25 or less ($1025 per spread)–good-til-canceled […]… Read More

SPX: Buck Stops Here

[jwplatform u6TAXGYQ] Put Credit Spread on S&P 500 Index (Chicago Index: ^SPX) “Buy to Open” November (2nd week) $2050 Put and “Sell to Open” November (2nd week) $2055 Put Option Symbols: SPXW151113P2050 SPXW151113P2055 Limit Order Price: Net credit of $0.95 or more ($95 per spread) – good-til-canceled (GTC) order through Wednesday, Nov. 11th Directional View for […]… Read More

CL: 11 Consecutive Years

[jwplatform u6TAXGYQ] Call Debit Spread on Colgate-Palmolive (NYSE: CL) “Buy to Open” November $65 Call and “Sell to Open” November $67 Call Option Symbols: CL151120C65 and CL151120C67 Limit Order Price: Net debit of $1.00 or less ($100 per spread) – good-til-canceled (GTC) order through Thursday, Nov. 12th Directional View for Underlying Stock: Bullish Trade Style: […]… Read More

Seasonal Velocity Scanner

This software application focuses on the seasonality component of stock selection. It quantifies seasonal price increases by examining a stock’s 10-year price history between a start date and the nearest six option expiration dates — and isolating those stocks that have historically exhibited the most consistent one-way price direction during the calendar time period selected. […]… Read More

Training Videos

1. Introduction to Velocity Trader 2. Basics of Options Trading 3. Strategy #1 – Seasonality 4. Strategy #2 – Momentum 5. Strategy #3 – Max Pain 6. Strategy #4 – Moving Average Convergence Divergence (MACD) 7. Special Situations 8. Make a First Trade… Read More

11/5/15 Trade Alert: Going Dutch With a Stitchting

Please Note: Two Separate Trades   1. Put Credit Spread on Mylan N.V. (Nasdaq: MYL) “Buy to Open” January $37 Put and “Sell to Open” January $42 Put Option Symbols: MYL160115P37 and MYL160115P42 Limit Order Price: Net credit of $1.10 or more ($110 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: […]… Read More

Opening an Options Trading Account

Congratulations on your decision to join Options for Income. You’ve made a wise choice. Options provide any type of investor with the ability to reduce risk and enhance returns. If you know that you already have options trading authorization from your broker, and you know that you can trade spreads, feel free to skip this […]… Read More

Options Toolbox

Calculators Pricing Calculator Covered Call Calculator Margin Calculator Probability Calculator Iron Condor Standard Deviation Calculator Probability of Expiration Based on Standard Deviation Spread Relative to Dollar Volatility (SRDV) Performance Tracking Spreadsheets Position Monitor Spreadsheet Lisa’s Performance Spreadsheet For OFI_VT Put-Spread to Call-Spread Converter Spreadsheet Trade Portfolio Manager Cash Flow of Option Trade with Rolls Calendars […]… Read More