Publications

8/1/12 Trade Alert: Another Internet Gunslinger

Iron Condor on LinkedIn (NYSE: LNKD) “Buy to Open” August (1st week) $80 Put and “Sell to Open” August (1st week) $90 Put and “Buy to Open” August (1st week) $125 Call and “Sell to Open” August (1st week) $115 Call Option Symbols: LNKD120803P80 and LNKD120803P90 and LNKD120803C125 and LNKD120803C115 Limit Order Price for Four-Legged […]… Read More

7/27/12 Trade Alert: Closing Out the Short Call on Gunslinger

Buy to Close $235 Call on Amazon.com (Nasdaq: AMZN) “Buy to Close” July (4th week) $235 Call Option Symbol: AMZN120727C235 Price: Market order at 3:59 Eastern time Trade Rationale: The $235 call is in the money, so we need to close it out prior to the market’s close. Otherwise, it will be assigned against us […]… Read More

7/26/12 Trade Alert: A Consumer Staple Three-peat

1. Sell Put Credit Spread on Procter & Gamble (NYSE: PG) “Buy to Open” October $55 Put and “Sell to Open” October $62.50 Put Option Symbols: PG121020P55 and PG121020P62.5 Limit Order Price: Net credit of $1.20 or more ($120 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative […]… Read More

7/25/12 Weekly Briefing: Using Options to Predict Stock Moves During Earnings Season

Predicting future stock prices is tough, especially around earnings, but option prices are amazingly accurate predictors and can be used to place high-probability trades with substantial profit potential…. Read More

7/17/12 Trade Alert: Rolling, Rolling, Rolling

Beverages–both beer and their containers–and bonds get rolled.

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7/17/12 Trade Alert: Rolling, Rolling, Rolling

1. Roll Molson Coors (NYSE: TAP) to October “Buy to Close” July $45 Put and “Sell to Open” October $45 Put Option Symbols: TAP120721P45 and TAP121020P45 Limit Order Price: Net credit of $0.60 or more ($60 per spread) Directional View for Underlying Stock: Bullish Options for Income Portfolio: Conservative Income Approximate margin requirement per contract: […]… Read More

7/12/12 Trade Alert: Keeps Chugging Along

This leading transport name is generating record earnings and has missed analyst estimates only once in the past five years.
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7/12/12 Trade Alert: Keeps Chugging Along

Sell Put Credit Spread on Union Pacific (NYSE: UNP) “Buy to Open” November $97.50 Put and “Sell to Open” November $105 Put Option Symbols: UNP121117P97.5 and UNP121117P105 Limit Order Price: Net credit of $1.40 or more ($140 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Maximum profit: $140 if stock price is […]… Read More

7/6/12 Weekly Briefing: How to Avoid Early Exercise without Fail

If you really hate the risk of getting assigned early on options that you sell, there are index options available that remove this problem entirely…. Read More

7/5/12 Trade Alert: The Track Record Says it All

Sell Put Credit Spread on Leucadia National (NYSE: LUK) “Buy to Open” August $17.50 Put and “Sell to Open” August $22.50 Put Option Symbols: LUK120818P17.5 and LUK120818P22.5 Limit Order Price: Net credit of $1.00 or more ($100 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Maximum profit: $100 if stock price is […]… Read More