Publications

1/30/15 Trade Alert: Treasury Bond Put Spread Conversion

 Put-Spread Conversion on iShares Barclays 20+ Year Bond ETF (NYSE: TLT) in February  “Buy to Close” February $133 Call and “Sell to Close” February $138 Call and “Buy to Open” February $138 Put and “Sell to Open” February $133 Put Option Symbols: TLT150220C133 and TLT150220C138 and TLT150220P133 and TLT150220P138  Limit Order Price: Net debit of $5.05 or less ($505 per spread)–day […]… Read More

1/29/15 Trade Alert: Perfect Harmony

Note: Three Separate Trades   1. Put Credit Spread on Coca-Cola Company (NYSE: KO) “Buy to Open” April $37 Put and “Sell to Open” April $42 Put Option Symbols: KO150417P37 and KO150417P42 Limit Order Price: Net credit of $1.28 or more ($128 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

1/22/15 Trade Alert: A .390 Hitter in March

Please Note: Four Separate Trades 1. Put Credit Spread on V.F. Corp. (NYSE: VFC) “Buy to Open” March $65 Put and “Sell to Open” March $70 Put Option Symbols: VFC150320P65 and VFC150320P70 Limit Order Price: Net credit of $1.10 or more ($110 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

1/16/15 Trade Alert: Five Rolls on Expiration Friday

Please Note: Five Separate Trades 1. Vertical Roll on Baxter International (NYSE: BAX) to February “Buy to Close” January $72.50 Put and “Sell to Close” January $67.50 Put and “Buy to Open” February $67.50 Put and “Sell to Open” February $72.50 Put Option Symbols: BAX150117P67.5 and BAX150117P72.5  and BAX150220P67.5 and BAX150220P72.5 Limit Order Price: Net […]… Read More

1/15/15 Trade Alert: Toying with Gas

Note: Three Separate Trades 1. Put Credit Spread on Praxair (NYSE: PX) “Buy to Open” April $115 Put and “Sell to Open” April $120 Put Option Symbols: PX150417P115 and PX150417P120 Limit Order Price: Net credit of $1.20 or more ($120 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish Options […]… Read More

1/14/15 Trade Alert: Rolling Again

Please Note: Two Separate Trades   1. Vertical Roll on W.W. Grainger (NYSE: GWW) to April “Buy to Close” January $250 Put and “Sell to Close” January $230 Put and “Buy to Open” April $230 Put and “Sell to Open” April $250 Put Option Symbols: GWW150117P250 and GWW150117P230  and GWW150417P230 and GWW150417P250 Limit Order Price: […]… Read More

1/8/15 Trade Alert: Mice, Bonds, and Gold

Note: Three Separate Trades 1. Put Credit Spread on Walt Disney Company (NYSE: DIS) “Buy to Open” February $87.50 Put and “Sell to Open” February $92.50 Put Option Symbols: DIS150220P87.5 and DIS150220P92.5 Limit Order Price: Net credit of $1.45 or more ($145 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

12/30/14 Trade Alert: Sport Injuries

Note: Three Separate Trades 1. Put Credit Spread on Zimmer Holdings (NYSE: ZMH) “Buy to Open” February $105 Put and “Sell to Open” February $110 Put Option Symbols: ZMH150220P105 and ZMH150220P110 Limit Order Price: Net credit of $1.20 or more ($120 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

12/26/14 Alert: For Those That Can’t Open the BEAV1 April Call Spread

For those who use a broker that will not allow an opening trade on the new BEAV1 April call spread: Life is too short to worry about this BEAV1 trade. Just close out the BEAV1 January 90/80 put spread and focus on your other trades. I am not going to recommend an alternative BEAV trade. […]… Read More

12/26/14 Trade Alert: Ready to Eat Bread Rolls

Note: Four Separate Trades 1. Put Credit Spread on Panera Bread (Nasdaq: PNRA) “Buy to Open” February $160 Put and “Sell to Open” February $165 Put Option Symbols: PNRA150220P160 and PNRA150220P165 Limit Order Price: Net credit of $1.30 or more ($130 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More