Publications

4/4/13 Trade Alert: Two Stocks Buffett Would Buy If He Didn’t Own Competitors

Note: Two Separate Trades 1. Sell Put Credit Spread on The Sherwin-Williams Co (NYSE: SHW) “Buy to Open” May $150 Put and “Sell to Open” May $160 Put Option Symbols: SHW130518P150 and SHW130518P160 Limit Order Price: Net credit of $2.00 or more ($200 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

3/28/13 Trade Alert: Renting an Apartment Stock

Note: Two Separate Trades 1. Sell Put Credit Spread on AvalonBay Communities (NYSE: AVB) “Buy to Open” July $110 Put and “Sell to Open” July $120 Put Option Symbols: AVB130720P110 and AVB130720P120 Limit Order Price: Net credit of $1.70 or more ($170 per spread) — good til canceled (GTC). Directional View for Underlying Stock: Neutral […]… Read More

3/21/13 Trade Alert: Buy it Online

Note: Two Separate Trades 1. Sell Put Credit Spread on Amazon.com (Nasdaq: AMZN) “Buy to Open” June $225 Put and “Sell to Open” June $235 Put Option Symbols: AMZN130622P225 and AMZN130622P235 Limit Order Price: Net credit of $2.30 or more ($230 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income […]… Read More

3/20/13 Trade Alert: See-Through Gunslinger

Iron Condor on Lululemon Athletica (Nasdaq: LULU) “Buy to Open” March (4th week) $55 Put and “Sell to Open” March (4th week) $60 Put and “Buy to Open” March (4th week) $72.50 Call and “Sell to Open” March (4th week) $67.50 Call Option Symbols: LULU130322P55 and LULU130322P60 and LULU130322C67.5 and LULU130322C72.5 Limit Order Price for […]… Read More

3/15/13 Trade Alert: Last-Minute Roll Thanks to the ATR

Vertical Roll on Dick’s Sporting Goods (NYSE: DKS) to June “Buy to Close” March $47 Put and “Buy to Open” June $42 Put and “Sell to Open” June $47 Put Option Symbols: DKS130316P47 and DKS130622P42 and DKS130622P47 Limit Order Price for Three-Legged Vertical Roll: Net credit of $1.50 or more ($150 per spread) — day […]… Read More

3/14/13 Trade Alert: Data Explosion

Note: Three Separate Trades 1. Sell Put Credit Spread on American Tower (NYSE: AMT) “Buy to Open” July $65 Put and “Sell to Open” July $72.50 Put Option Symbols: AMT130720P65 and AMT130720P72.5 Limit Order Price: Net credit of $1.40 or more ($140 per spread) — Good til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

3/11/13 Market Briefing: Unbalanced Condors Add Some Downside Hedge Protection to Put Spreads

The amazing stock market rally of 2013 continues, but Jim thinks hedging bullish put credit spreads via the unbalanced condor strategy is a prudent course of action. Plus, an update on Dicks’ Sporting Goods reveals a market leader that should rebound strongly after issuing a mediocre earnings report…. Read More

3/7/13 Trade Alert: Fruit, Beer, and Flash

Note: Three Separate Trades 1. Sell Put Credit Spread on Apple (Nasdaq: AAPL) “Buy to Open” May $370 Put and “Sell to Open” May $380 Put Option Symbols: AAPL130518P370 and AAPL130518P380 Limit Order Price: Net credit of $2.05 or more ($205 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income […]… Read More

2/28/13 Trade Alert: Second Shot

Note: Two Separate Trades I’m canceling the BF-B June $61/$56 put spread order and replacing it with the June $66/$61 put spread order detailed below. 1. Sell Put Credit Spread on Brown-Forman Class B (NYSE: BF-B) “Buy to Open” June $61 Put and “Sell to Open” June $66 Put Option Symbols: BFB130622P61 and BFB130622P66 Limit Order Price: Net credit […]… Read More

2/26/13 Trade Alert: Name Your Own Price Gunslinger

Iron Condor on Priceline.com (Nasdaq: PCLN) “Buy to Open” March (1st week) $595 Put and “Sell to Open” March (1st week) $605 Put and “Buy to Open” March (1st week) $760 Call and “Sell to Open” March (1st week) $750 Call Option Symbols: PCLN130301P595 and PCLN130301P605 and PCLN130301C760 and PCLN130301C750 Limit Order Price for Four-Legged […]… Read More