Publications

6/19/15 Trade Alert: June Expiration is Here

Please Note: Three Separate Trades 1. Vertical Roll on Valero Energy (NYSE: VLO) to September “Buy to Close” June $60 Call and “Buy to Open” September $67.50 Call and “Sell to Open” September $62.50 Call Option Symbols: VLO150619C60 and VLO150918C62.5 and VLO150918C67.5  Limit Order Price for Three-Legged Vertical Roll: Net credit of $1.00 or more ($100 per spread) […]… Read More

6/18/15 Trade Alert: Blue-Chips Into Autumn

Please Note: Four Separate Trades 1. Put Credit Spread on Procter & Gamble (NYSE: PG) “Buy to Open” August $75 Put and “Sell to Open” August $80 Put Option Symbols: PG150821P75 and PG150821P80 Limit Order Price: Net credit of $1.50 or more ($150 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: […]… Read More

6/16/15 Trade Alert: Rolling Two S&P Hedges

Please Note: Two Separate Trades 1. Vertical Roll on Volatility Index (VIX) to September “Buy to Close” Two June $18 Puts and “Buy to Open” Two September $13 Puts and “Sell to Open” Two September $18 Puts Option Symbols: VIX150617P18 and VIX150916P13 and VIX150916P18 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.05 or more ($5 […]… Read More

6/11/15 Trade Alert: Hedges Only

Please Note: Three Separate Trades 1. Put Credit Spread on iShares U.S. Aggregate Bond ETF (NYSE: AGG) “Buy to Open” September $104 Put and “Sell to Open” September $108 Put Option Symbols: AGG150918P104 and AGG150918P108 Limit Order Price: Net credit of $1.05 or more ($105 per spread) – good ’til canceled (GTC) Directional View for […]… Read More

6/4/15 Trade Alert: South and Variable

Please Note: Three Separate Trades   1. Put Credit Spread on Southern Company (NYSE: SO) “Buy to Open” August $38 Put and “Sell to Open” August $43 Put Option Symbols: SO150821P38 and SO150821P43 Limit Order Price: Net credit of $1.22 or more ($122 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: […]… Read More

6/2/15 Trade Alert: Running Away from June

Please Note: Three Separate Trades 1. Vertical Roll on Baxter International (NYSE: BAX) to July “Buy to Close” June $72.50 Put and “Sell to Close” June $62.50 Put and “Buy to Open” July $62.50 Call and “Sell to Open” July $72.50 Call Option Symbols: BAX150619P72.5 and BAX150619P62.5 and BAX150717C62.5 and BAX150717C72.5 Limit Order Price: Net debit […]… Read More

5/29/15 Trade Alert: Tunnel Roll

Vertical Roll on Union Pacific (NYSE: UNP) to August “Buy to Close” June $110 Put and “Sell to Close” June $100 Put and “Buy to Open” August $100 Call and “Sell to Open” August $110 Call Option Symbols: UNP150619P100 and UNP150619P110 and UNP150821C100 and UNP150821C110 Limit Order Price: Net debit of $11.40 or less ($1140 per […]… Read More

5/28/15 Trade Alert: Expensive Acquisition Could Pay Off

Please Note: Two Separate Trades 1. Put Credit Spread on Alexion Pharmaceuticals (Nasdaq: ALXN) “Buy to Open” August $150 Put and “Sell to Open” August $155 Put Option Symbols: ALXN150821P150 and ALXN150821P155 Limit Order Price: Net credit of $1.40 or more ($140 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

5/21/15 Trade Alert: Read But Not at Home

Please Note: Two Separate Trades 1. Put Credit Spread on Amazon.com (Nasdaq: AMZN) “Buy to Open” July $390 Put and “Sell to Open” July $395 Put Option Symbols: AMZN150717P390 and AMZN150717P395 Limit Order Price: Net credit of $1.00 or more ($100 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

5/19/15 Trade Alert: Memorial Day Bearish Bet

Call Credit Spread on S&P 500 Index (Chicago Options: ^SPX) “Buy to Open” May (4th week) $2145 Call and “Sell to Open” May (4th week) $2140 Call Option Symbols: SPXW150522C2140 and SPXW150522C2145 Limit Order Price: Net credit of $1.45 or more ($145 per spread)–day order Directional View for Underlying Stock: Bearish Options for Income Portfolio: Gunslinger […]… Read More