Publications

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

12/19/14 Trade Alert: Odds and Ends

Please Note: Two Separate Trades   1. Roll Covered Call on Solarwinds (NYSE: SWI) to March    “Buy to Close” December $42.50 Call and    “Sell to Open” March $42.50 Call Option Symbols: SWI141220C42.5 and SWI150320C42.5 Limit Order Price: Net credit of $0.75 per share or more ($75 per spread)–day order Directional View for Underlying Stock: Neutral to […]… Read More

12/18/14 Trade Alert: Big Black and Blue

1. Put Credit Spread on IBM (NYSE: IBM) “Buy to Open” February $140 Put and “Sell to Open” February $145 Put Option Symbols: IBM150220P140 and IBM150220P145 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 for Income Portfolio: Conservative […]… Read More

12/17/14 Trade Alert: Coming for Cummins

Vertical Roll of Cummins (NYSE: CMI) to January “Buy to Close” December $145 Put and “Sell to Close” December $135 Put and “Buy to Open” January $135 Call and “Sell to Open” January $145 Call Option Symbols: CMI141220P145 and CMI141220P135 and CMI150117C135 and CMI150117C145 Limit Order Price: Net debit of $10.80 or less ($1,080 per […]… Read More

12/11/14 Trade Alert: Oil Has a Hissy Fit

Please Note: Four Separate Trades 1. Put Credit Spread on Hess Corp. (NYSE: HES) “Buy to Open” February $60 Put and “Sell to Open” February $65 Put Option Symbols: HES150220P60 and HES150220P65 Limit Order Price: Net credit of $1.55 or more ($155 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More