Publications

SPOT: Closeout Addendum

Closeout on Spotify Technology SA (NYSE: SPOT) “Buy to Close” October (3rd week) $155 Put and “Sell to Close” October (3rd week) $152.50 Put Option Symbols: SPOT231020P152.5 and SPOT231020P155 Limit Order Price: Net debit of $2.30 or less ($230 per spread) — day order Tell your broker: I’d like to enter a spread order on […]… Read More

10/6/15 Trade Alert: Watch the Phone

Note to Beta Test Group: Last week’s iron condor didn’t work because the S&P 500 chose this year to make its fourth-largest up-move since 1928 on historically-weak September 30th. If the S&P had only been the eighth or ninth strongest September 30th in history and risen 1.64% instead of 1.91%, the iron condor would have made […]… Read More

DVN, JNJ: Too Close

Please Note: Two Separate Rolls 1. Vertical Roll on Devon Energy (NYSE: DVN) to January (2nd week) “Buy to Close” January (1st week) $45.50 Put and “Sell to Close” January (1st week) $44.50 Put and “Buy to Open” January (2nd week) $44.50 Put and “Sell to Open” January (2nd week) $45.50 Put Option Symbols: DVN240105P44.5 […]… Read More

10/20/15 Trade Alert: Electrifying Channel Breakout

Note to Beta Test Group: The Kansas City Southern (KSU) call debit spread did not work out. Understatement of the year?  Very short-term five-day consistently-positive seasonalities such as KSU are intriguing, but I am unsure whether these patterns are real or just data mining. Several beta testers complained about having the KSU call spread expire […]… Read More

TTWO: Last Minute Roll

Vertical Roll on Take-Two Interactive Software (Nasdaq: TTWO) to June (2nd week) “Buy to Close” May (1st week) $145 Call and “Sell to Close” May (1st week) $144 Call and “Buy to Open” June (2nd week) $144 Put and “Sell to Open” June (2nd week) $145 Put Option Symbols: TTWO240503C144 and TTWO240503C145 and TTWO240614P144 and […]… Read More

11/6/15 Trade Alert: Jobs Report Requires SPX Roll

 Vertical Roll on S&P 500 Index (Chicago Options: SPX) to November (2nd week) “Buy to Close” November (1st week) $2100 Call and “Sell to Close” November (1st week) $2105 Call and “Buy to Open” November (2nd week) $2120 Call and “Sell to Open” November (2nd week) $2115 Call Option Symbols: SPXW151106C2100 and SPXW151106C2105 and SPXW151113C2100 and SPXW151113C2100   Limit Order […]… Read More

NOW: Last Minute Roll

Vertical Roll on ServiceNow (NYSE: NOW) to June (3rd week) “Buy to Close” June (1st week) $732.50 Call and “Sell to Close” June (1st week) $730 Call and “Buy to Open” June (3rd week) $730 Put and “Sell to Open” June (3rd week) $735 Put Option Symbols: NOW240524C730 and NOW240524C732.5 and NOW240621P730 and NOW240621P735 Limit […]… Read More

3/21/15 Trade Alert: Electric Rollup

   Vertical Roll on Tesla Motors (Nasdaq: TSLA) in March (4th week) “Buy to Open” March (4th week) $240 Put and “Sell to Open” March (4th week) $235 Put Option Symbols: TSLA160324P235 and TSLA160324P240 Limit Order Price: Net debit of $2.30 or less ($230 per spread)–day order Directional View for Underlying Security: Bearish Trade Style: Aggressive Speculation – […]… Read More

CMG: Last Minute Roll

Vertical Roll on Chipotle Mexican Grill (NYSE: CMG) to January (3rd week) Put Credit Spread “Buy to Close” November (1st week) $59 Call and “Buy to Open” January (3rd week) $54 Put and “Sell to Open” January (3rd week) $55 Put Option Symbols: CMG241101C59 and CMG250117P54 and CMG250117P55 Limit Order Price: Net credit of 0.20 […]… Read More

5/6/16 Trade Alert: ABC Add-On

  Put Credit Spread on AmerisourceBergen (NYSE: ABC) “Buy to Open” May (2nd week) $70 Put and “Sell to Open” May (2nd week) $75 Put Option Symbols: ABC160513P70 and ABC160513P75 Limit Order Price: Net credit of $1.15 or more ($115 per spread)–day order Directional View for Underlying Stock: Neutral to Bullish Trade Style: Time Value Decay – Moderate Risk Margin requirement per spread: $200 […]… Read More