Publications

7/25/13 Trade Alert: Industrial Strength

Note: Three Separate Trades   1. Put Credit Spread on W.W. Grainger (NYSE: GWW) “Buy to Open” September $240 Put and “Sell to Open” September $250 Put Option Symbols: GWW130921P240 and GWW130921P250 Limit Order Price: Net credit of $2.80 or more ($280 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

7/18/13 Trade Alert: Pick Your Poison

Note: Three Separate Trades 1. Put Credit Spread on Allergan (NYSE: AGN) “Buy to Open” September $80 Put and “Sell to Open” September $85 Put Option Symbols: AGN130921P80 and AGN130921P85 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 bullish Options […]… Read More

7/16/13 Trade Alert: August is Best Bet for Best Buy

Vertical Roll on Best Buy (BBY) to August “Buy to Close” July $28 Call and “Buy to Open” August $33 Call and “Sell to Open” August $28 Call Option Symbols: BBY130720C28 and BBY130817C28 and BBY130817C33 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.35 or more ($35 per spread) — Good til canceled […]… Read More

7/11/13 Trade Alert: Ready for Liftoff

Note: Three Separate Trades   1. Sell Put Credit Spread on Precision Castparts (NYSE: PCP) “Buy to Open” September $210 Put and “Sell to Open” September $220 Put Option Symbols: PCP130921P210 and PCP130921P220 Limit Order Price: Net credit of $1.85 or more ($185 per spread) — good til canceled (GTC) Directional View for Underlying Stock: […]… Read More

7/5/13 Trade Alert: Bullseye on Canada

Note: Five Separate Trades 1. Sell Put Credit Spread on Target (NYSE: TGT) “Buy to Open” August $65 Put and “Sell to Open” August $70 Put Option Symbols: TGT130817P65 and TGT130817P70 Limit Order Price: Net credit of $1.45 or more ($145 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

7/1/13 Market Briefing: VIX Non-Confirmation of SPX is a Market Signal

When the S&P 500 Volatility Index (VIX) and the S&P 500 (SPX) move in the same direction, one of them is correctly forecasting the future direction of stocks and the other is not. Always trust the VIX.
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6/27/13 Trade Alert: What’s on Sale?

Please Note: Two Separate Trades 1. Sell Put Credit Spread on Simon Property Group (NYSE: SPG) “Buy to Open” August $145 Put and “Sell to Open” August $155 Put Option Symbols: SPG130817P145 and SPG130817P155 Limit Order Price: Net credit of $2.60 or more ($260 per spread) — good til canceled (GTC) Directional View for Underlying […]… Read More

6/20/13 Trade Alert: Honeycrisp Fifth Time

Note: Two Separate Trades   1. Sell Put Credit Spread on Apple (Nasdaq: AAPL) “Buy to Open” September $375 Put and “Sell to Open” September $385 Put Option Symbols: AAPL130921P375 and AAPL130921P385 Limit Order Price: Net credit of $2.30 or more ($230 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

6/13/13 Trade Alert: Triple Play

Note: Four Separate Trades 1. Sell Put Credit Spread on Celgene (Nasdaq: CELG) “Buy to Open” October $97.50 Put and “Sell to Open” October $105 Put Option Symbols: CELG131019P97.5 and CELG131019P105 Limit Order Price: Net credit of $1.85 or more ($185 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

6/6/13 Trade Alert: Bullish on Clothing and Trash

Note: Two Separate Trades 1. Sell Put Credit Spread on VF Corp (NYSE: VFC) “Buy to Open” August $165 Put and “Sell to Open” August $175 Put Option Symbols: VFC130817P165 and VFC130817P175 Limit Order Price: Net credit of $2.05 or more ($205 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More