Publications

8/8/13 Trade Alert: Rolling a Debacle

Vertical Roll on Fusion-io (NYSE: FIO) to December “Buy to Close” August $16 Put and “Buy to Open” December $7 Put and “Sell to Open” December $16 Put Option Symbols: FIO130817P16 and FIO131221P7 and FIO131221P16 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.20 or more ($20 per spread)–Good ’til canceled (GTC) For […]… Read More

8/8/13 Trade Alert: Takeover Rumor

Note: Three Separate Trades   1. Put Credit Spread on Procter & Gamble (NYSE: PG) “Buy to Open” October $75 Put and “Sell to Open” October $80 Put Option Symbols: PG131019P75 and PG131019P80 Limit Order Price: Net credit of $1.00 or more ($100 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

8/1/13 Trade Alert: Moving Along

Note: Three Separate Trades   1. Put Credit Spread on Parker Hannifin (NYSE: PH) “Buy to Open” November $90 Put and “Sell to Open” November $95 Put Option Symbols: PH131116P90 and PH131116P95 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 […]… Read More

7/26/13 Trade Alert: Early Vertical Roll

Vertical Roll on Accenture (NYSE: ACN) to November “Buy to Close” August $77.50 Put and “Sell to Close” August $72.50 Put and “Buy to Open” November $70 Put and “Sell to Open” November $77.50 Put Option Symbols: ACN130817P77.5 and ACN130817P72.5 and ACN131116P70 and ACN131116P77.5 Limit Order Price: Net credit of $0.40 or more ($40 per […]… Read More

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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