Publications

4/15/14 Trade Alert: The Lone Grainger

Vertical Roll on W.W. Grainger (NYSE: GWW) to July “Buy to Close” April $250 Put and “Sell to Close” April $230 Put and “Buy to Open” July $230 Put and “Sell to Open” July $250 Put Option Symbols: GWW140419P250 and GWW140419P230 and GWW140719P230 and GWW140719P250 Limit Order Price: Net credit of $2.80 or more ($280 […]… Read More

4/10/14 Trade Alert: Big Women and Big Data

Note: Five Separate Trades   1. Put Credit Spread on Amazon.com (Nasdaq: AMZN) “Buy to Open” June $290 Put and “Sell to Open” June $300 Put Option Symbols: AMZN140621P290 and AMZN140621P300 Limit Order Price: Net credit of $2.25 or more ($225 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

4/3/14 Trade Alert: 3D Profits While Fasting

Please Note: Two Separate Trades 1. Put Credit Spread on Stratasys (Nasdaq: SSYS) “Buy to Open” June $95 Put and “Sell to Open” June $100 Put Option Symbols: SSYS140621P95 and SSYS140621P100 Limit Order Price: Net credit of $1.30 or more ($130 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

Selling Time Value Outperforms Buy and Hold

Since time-value decay is the only certainty in trading, successful traders always want it to be on their side. Don’t listen to theoretical mathematicians who say otherwise…. Read More

3/28/14 Trade Alert: Pay the Piper

Vertical Roll on MasterCard (NYSE: MA) to July “Buy to Close” April $78 Put and “Sell to Close” April $77 Put and “Buy to Open” July $72.50 Put and “Sell to Open” July $74.50 Put Option Symbols: MA140419P78 and MA140419P77 and MA140719P72.5 and MA140719P74.5 Limit Order Price: Net credit of $0.15 or more ($15 per spread)–good ’til […]… Read More

3/27/14 Trade Alert: Triple Buck Credits

Please Note: Four Separate Trades Put Credit Spread on The Travelers Companies (NYSE: TRV) “Buy to Open” May $77.5 Put and “Sell to Open” May $82.5 Put Option Symbols: TRV140517P77.5 and TRV140517P82.5 Limit Order Price: Net credit of $1.00 or more ($100 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

3/21/14 Trade Alert: Eyes on the Jeans

Please note: Three Separate Trades 1. Vertical Roll on The Buckle (BKE) to June “Buy to Close” March $46.30 Put and “Buy to Open” June $41.30 Put and “Sell to Open” June $46.30 Put Option Symbols: BKE140322P46.3 and BKE140621P41.3 and BKE140621P46.3 Limit Order Price for Three-Legged Vertical Roll: Net credit of $1.00 or more ($100 […]… Read More

3/20/14 Trade Alert: To Your Health

Please Note: Three Separate Trades 1. Put Credit Spread on Johnson & Johnson (NYSE: JNJ) “Buy to Open” May $87.50 Put and “Sell to Open” May $92.50 Put Option Symbols: JNJ140517P87.5 and JNJ140517P92.5 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

3/18/14 Trade Alert: In and Out Roll

Calendar Roll on Fusion-io (NYSE: FIO) to June “Buy to Close” March $14 Put and “Sell to Open” June $14 Put Option Symbols: FIO140322P14 and FIO140621P14 Limit Order Price: Net credit of $0.50 or more ($50 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Bullish Options for Income Portfolio: Downside Protection Hedges Tell […]… Read More

3/13/14 Trade Alert: Taking Advantage of the Selloff

Vertical Roll on Volatility Index (VIX) to June   “Buy to Close” March $20 Put and “Buy to Open” June $12 Put and “Sell to Open” June $20 Put Option Symbols: VIX140318P20 and VIX140618P12 and VIX140618P20 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.10 or more ($10 per spread) For those using […]… Read More