Publications

9/16/14 Trade Alert: OctoberVIX

Vertical Roll on Volatility Index (VIX) to October   “Buy to Close” Two September $18 Puts and “Buy to Open” Two October $13 Puts and “Sell to Open” Two October $18 Puts Option Symbols: VIX140917P18 and VIX141022P13 and VIX141022P18 Limit Order Price for Three-Legged Vertical Roll: Net debit of $0.25 or less ($25 per spread) […]… Read More

9/11/14 Trade Alert: Energetic Transport

Please Note: Two Separate Trades   1. Put Credit Spread on United Parcel Service (NYSE: UPS) “Buy to Open” November $90 Put and “Sell to Open” November $95 Put Option Symbols: UPS141122P90 and UPS141122P95 Limit Order Price: Net credit of $1.05 or more ($105 per spread) – good ’til canceled (GTC) Directional View for Underlying […]… Read More

9/4/14 Trade Alert: Financial Feast

Please Note: Three Separate Trades   1. Put Credit Spread on T. Rowe Price Group (Nasdaq: TROW) “Buy to Open” October $75 Put and “Sell to Open” October $80 Put Option Symbols: TROW141018P75 and TROW141018P80 Limit Order Price: Net credit of $1.10 or more ($110 per spread) – good ’til canceled (GTC) Directional View for […]… Read More

8/28/14 Trade Alert: Overreaction Bargains

Please Note: Three Separate Trades 1. Put Credit Spread on Intuit (Nasdaq: INTU) “Buy to Open” September $77.50 Put and “Sell to Open” September $82.50 Put Option Symbols: INTU140920P77.5 and INTU140920P82.5 Limit Order Price: Net credit of $1.15 or more ($115 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

8/21/14 Trade Alert: Time is Now for Small Caps

Note: Two Separate Trades 1. Put Credit Spread on Russell 2000 Index (Chicago Options: ^RUT) “Buy to Open” September $1125 Put and “Sell to Open” September $1130 Put Option Symbols: RUT140920P1125 and RUT140920P1130 Limit Order Price: Net credit of $1.10 or more ($110 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: […]… Read More

8/18/14 Trade Alert: Another Hedge Bites the Dust

Closing Out Archer-Daniels-Midland (NYSE: ADM) “Buy to Close” September $48 Call and “Sell to Close” September $55 Call Option Symbols: ADM140920C48 and ADM140920C55 Limit Order Price: Net debit of $1.95 or less ($195 per spread) — day order Options for Income Portfolio: Downside Protection Hedges Tell your broker: I’d like to enter an option spread […]… Read More

8/15/14 Trade Alert: Hedges Aren’t Working

Please Note: Two Separate Trades: 1. Closing Out Walt Disney (NYSE: DIS) “Buy to Close” August $85 Call Option Symbol: DIS140816C85 Limit Order Price: $4.25 or less ($425 per contract) — day order Options for Income Portfolio: Downside Protection Hedges Tell your broker: I want to buy to close the August $85 call on Walt […]… Read More

8/14/14 Trade Alert: Rise and Shine

Note: Three Separate Trades 1. Put Credit Spread on Nike (NYSE: NKE) “Buy to Open” October $70 Put and “Sell to Open” October $75 Put Option Symbols: NKE141018P70 and NKE141018P75 Limit Order Price: Net credit of $1.10 or more ($110 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

8/13/14 Trade Alert: Closeout Before Earnings

Closing Out Dillard’s (NYSE: DDS) “Buy to Close” August $120 Call and “Sell to Close” August $125 Call Option Symbols: DDS140816C120 and DDS140816C125 Limit Order Price: Net debit of $1.45 or less ($145 per spread) — day order Options for Income Portfolio: Downside Protection Hedges Tell your broker: I’d like to enter an option spread […]… Read More

8/11/14 Alert: Doing Nothing With Disney

I’ve decided not to roll Disney nor close it out until right before the market close on Friday (if it is still in-the-money at that time). If we get assigned early, no big deal. Hold the assigned short stock until expiration (allowed in taxable accounts only), and buy-to-cover the assigned short stock at Friday’s close […]… Read More