Publications

3/3/16 Trade Alert: Call Credit Spreads Only

Please Note: Three Separate Trades   1. Call Credit Spread on CurrencyShares Japan (NYSE: FXY) “Buy to Open” April (2nd week) $90.50 Call and “Sell to Open” April (2nd week) $85.50 Call Option Symbols: FXY160408C90.5 and FXY160408C85.5 Limit Order Price: Net credit of $1.00 or more ($100 per spread) – good ’til canceled (GTC) Directional […]… Read More

AMT, BBBY, XOM, YUM: Noncommittal Diversification

Please Note: Four Separate Trades  [jwplatform 0MehhU9F]   1. Put Debit Spread on American Tower (NYSE: AMT) “Buy to Open” March (1st week) $93 Put and “Sell to Open” March (1st week) $92 Put Option Symbols: AMT160304P93 and AMT160304P92 Limit Order Price: Net debit of $0.50 or less ($50 per spread) – good ’til canceled (GTC) […]… Read More

CAT, T: Bear Roll and Closeout

Please Note: Two Separate Trades   1. Vertical Roll on Caterpillar (NYSE: CAT) to March (1st week) “Buy to Close” February (4th week) $66.50 Put and “Sell to Close” February (4th week) $67.50 Put and “Buy to Open” March (1st week) $69.50 Put and “Sell to Open” March (1st week) $68 Put Option Symbols: CAT160226P66.5 and CAT160226P67.5 and CAT160304P68 and CAT160304P69.5 Limit Order Price: Net debit of […]… Read More

2/25/16 Trade Alert: Drugs Not Tech

Please Note: Five Separate Trades     1. Put Credit Spread on CVS Health (NYSE: CVS) “Buy to Open” April (1st week) $90 Put and “Sell to Open” April (1st week) $95 Put Option Symbols: CVS160401P90 and CVS160401P95 Limit Order Price: Net credit of $1.05 or more ($105 per spread) – good ’til canceled (GTC) Directional View […]… Read More

CME, CAT, EXPE: Two and One

Please Note: Three Separate Trades  [jwplatform ZUyrFPCh]   1. Call Debit Spread on CME Group (Nasdaq: CME) “Buy to Open” February (4th week) $91.50 Call and “Sell to Open” February (4th week) $92.50 Call Option Symbols: CME160226C91.50 and CME160226C92.50 Limit Order Price: Net debit of $0.50 or less ($50 per spread) – good ’til canceled […]… Read More

2/19/16 Trade Alert: VAR Closeout

Closing OutVarian Medical Systems (NYSE: VAR)  “Buy to Close” February $80 Put Option Symbol: VAR160219P80 Limit Order Price: $2.10 or less ($210 per contract) — day order Options for Income Portfolio: Conservative Income Tell your broker: I want to buy to close the February $80 put on Varian Medical Systems (VAR)  for a limit price of $2.10 per share or less. Rationale for […]… Read More

XLV, KSU, AGU: Rolling Along with Call Spread Conversion

Please Note: Three Separate Trades   1. Vertical Roll on SPDR Health Care ETF (NYSE: XLV) to April (1st week) “Buy to Close” February $67 Call and “Sell to Close” February $62 Call and “Buy to Open” April (1st week) $62 Call and “Sell to Open” April (1st week) $67 Call Option Symbols: XLV160219C62 and XLV160219C67 and XLV160401C62 and XLV160401C67 Limit […]… Read More

DIS, TEVA, WDC: Expanding Spread Rolls

Please Note: Three Separate Trades    1. Vertical Roll on Teva Pharmaceuticals (Nasdaq: TEVA) to April (1st week) “Buy to Close” February $62.50 Call and “Sell to Close” February $57.50 Call and “Buy to Open” April (1st week) $55 Call and “Sell to Open” April (1st week) $62.50 Call Option Symbols: TEVA160219C57.5 and TEVA160219C62.5 and TEVA160401C55 and TEVA160401C62.5 Limit Order Price: Net debit of […]… Read More

2/18/16 Trade Alert: Battle of the Indices

Please Note: Four Separate Trades   1. Put Credit Spread on SPDR MidCap ETF (NYSE: MDY) “Buy to Open” April (1st week) $222.50 Put and “Sell to Open” April (1st week) $227.50 Put Option Symbols: MDY160401P222.5 and MDY160401P227.5 Limit Order Price: Net credit of $1.00 or more ($100 per spread) – good ’til canceled (GTC) Directional […]… Read More

2/17/16 Trade Alert: Paint the Train Roll

Please Note: Two Separate Trades   1. Vertical Roll on PPG Industries (NYSE: PPG) to May “Buy to Open” two May $90 Calls and “Sell to Open” two May $100 Calls Option Symbols: PPG160520C90 and PPG160520C100 Limit Order Price: Net debit of $5.40 or less ($540 per spread)–good-til-canceled (GTC) order Directional View for Underlying Stock: Bullish Options for Income Portfolio: Conservative Income Margin […]… Read More