Publications

10-Year Stock Seasonality Navigator

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

12/5/13 Trade Alert: Upstream, Downstream

Please Note: Three Separate Trades   1. Put Credit Spread on Hess (NYSE: HES) “Buy to Open” February $72.50 Put and “Sell to Open” February $77.50 Put Option Symbols: HES140222P72.5 and HES140222P77.5 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

11/27/13 Trade Alert: Smoke that Pipe

Please Note: Five Separate Trades 1. Put Credit Spread on Sunoco Logistics Partners (NYSE: SXL) “Buy to Open” February $65 Put and “Sell to Open” February $70 Put Option Symbols: SXL140222P65 and SXL140222P70 Limit Order Price: Net credit of $1.70 or more ($170 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

11/26/13 Market Briefing: Forget Weekly Options, the Sweet Spot for Time-Value Decay is 45 Days

Selling weekly options entices many traders because the rate of time-value decay is extremely fast and the income received is free-and-clear after expiration. But this fact says nothing about the weekly strategy’s overall profitability, nor does it take into account the increased risk from gamma.
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11/21/13 Trade Alert: Oily Prescription

Note: Three Separate Trades 1. Put Credit Spread on Occidental Petroleum (NYSE: OXY) “Buy to Open” February $87.50 Put and “Sell to Open” February $95 Put Option Symbols: OXY140222P87.5 and OXY140222P95 Limit Order Price: Net credit of $2.20 or more ($220 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

11/19/13 Trade Alert: Volatility Phoenix

Vertical Roll on Volatility Index (VIX) to March   “Buy to Close” November $20 Put and “Buy to Open” March $12 Put and “Sell to Open” March $20 Put Option Symbols: VIX131120P20 and VIX140318P12 and VIX140318P20 Limit Order Price for Three-Legged Vertical Roll: Net debit of $3.05 or less ($305 per spread) For those using […]… Read More

11/15/13 Trade Alert: Two ATR-Inspired Rolls

1. Vertical Roll on Deere & Co. (NYSE: DE) to January “Buy to Close” November $82.50 Put and “Buy to Open” January $77.50 Put and “Sell to Open” January $82.50 Put Option Symbols: DE131116P82.5 and DE140118P77.5 and DE140118P82.5 Limit Order Price for Three-Legged Vertical Roll: Net credit of $1.50 or more ($150 per spread) — […]… Read More

11/14/13 Trade Alert: Soup and Salad

Note: Four Separate Trades 1. Put Credit Spread on Panera Bread (Nasdaq: PNRA) “Buy to Open” February $150 Put and “Sell to Open” February $155 Put Option Symbols: PNRA140222P150 and PNRA140222P155 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

11/12/13 Trade Alert: Berry Merger Needs a Little More Time

  Vertical Roll of Linn Energy (Nasdaq: LINE) to January   “Buy to Close” November $32 Put and “Buy to Open” January $23 Put and “Sell to Open” January $32 Put Option Symbols: LINE131116P32 and LINE140118P23 and LINE140118P32 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.50 or more ($50 per spread) For […]… Read More

11/7/13 Trade Alert: Five-Year Drought is Over

Please Note: Four Separate Trades   1. Put Credit Spread on Energy Transfer Partners (NYSE: ETP) “Buy to Open” January $47.50 Put and “Sell to Open” January $52.50 Put Option Symbols: ETP140118P47.5 and ETP140118P52.5 Limit Order Price: Net credit of $1.00 or more ($100 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More