Publications

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

10/30/15 Trade Alert: Fighting the SPX Rocket

 Vertical Roll on S&P 500 Index (Chicago Options: SPX) to November (1st week) “Buy to Close” October (5th week) $2090 Call and “Sell to Close” October (5th week) $2095 Call and “Buy to Open” November (1st week) $2105 Call and “Sell to Open” November (1st week) $2100 Call Option Symbols: SPXW151030C2090 and SPXW151030C2095 and SPXW151106C2100 and SPXW151106C2105 Limit Order Price: Net […]… Read More

10/29/15 Trade Alert: Variable Adjustment

Vertical Roll on Varian Medical Systems (NYSE: VAR) to February “Buy to Close” November $85 Put and “Sell to Close” November $80 Put and “Buy to Open” February $70 Put and “Sell to Open” February $80 Put Option Symbols: VAR151120P80 and VAR151120P85 and VAR160219P70 and VAR160219P80 Limit Order Price: Net debit of $0.25 or less ($25 per spread)–good-til-canceled (GTC) […]… Read More

10/29/15 Trade Alert: Homey and Immune

Please Note: Four Separate Trades 1. Put Credit Spread on Home Depot (NYSE: HD) “Buy to Open” December $115 Put and “Sell to Open” December $120 Put Option Symbols: HD151218P115 and HD151218P120 Limit Order Price: Net credit of $1.05 or more ($105 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

IBM: Big Blue Bounce

[jwplatform ic1GF7Z5] Note to Beta Test Group: The Emerson Electric (EMR) call debit spread never filled at the recommended limit debit of $0.95, but a few intrepid beta testers decided to pay a little extra to get filled at $1.10. With the EMR spread currently worth $1.50, a fill at $1.10 has generated a rate of […]… Read More