Publications

AAPL: Headwinds Too Strong

Vertical Roll on Apple (Nasdaq: AAPL) to November (1st week) “Buy to Close” October (2nd week) $141 Call and “Sell to Close” October (2nd week) $140 Call and “Buy to Open” November (1st week) $137 Put and “Sell to Open” November (1st week) $140 Put Option Symbols: AAPL221014C140 and AAPL221014C141 and AAPL221104P137 and AAPL221104P140 Limit […]… Read More

AMD, ECL, NXPI, VRTX: Pergatory Rolls

Please Note: Four Separate Rolls   Please Note: The following recommended opening trade only applies to those OFI members who already have positions in the Advanced Micro Devices October call debit spread. Do NOT do this trade as an initial position. 1. Vertical Roll on Advanced Micro Devices (Nasdaq: AMD) to January “Buy to Open” […]… Read More

V: Verified and Closed

Double Diagonal on Visa (NYSE: V) CLOSED The reported fills for Visa have been verified; therefore, we are closing the trade. If your trade did not close, you have two choices, close or manage the trade independently; the option is yours. Current mid-price to close: 3.35 credit If you opt to close the trade, you […]… Read More

MPC, PBF: Energetic Picks

Please Note: Two Separate Trades Valid Through Monday October 24th   1. Put Credit Spread on Marathon Petroleum (NYSE MPC) “Buy to Open” November $95 Put and “Sell to Open” November $100 Put Option Symbols: MPC221118P95 and MPC221118P100 Limit Order Price: Net credit of $1.50 or more ($150 per spread) – good ’til canceled (GTC) […]… Read More

AAPL, HYG: Max Pain Rules

  Please Note: Two Separate Trades   1. Call Debit Spread on Apple (Nasdaq: AAPL) “Buy to Open” October (2nd week) $140 Call and “Sell to Open” October (2nd week) $141 Call Option Symbols: AAPL221014C140 and AAPL221014C141 Limit Order Price: Net debit of $0.47 or less ($47 per spread) – good ’til canceled (GTC) Directional […]… Read More

JPM, LNG: Banking on Energy

Please Note: Two New Trades, JPM, Valid Through Thursday, October 13th, and LNG, Valid Through Monday, October 17th   1. Iron Condor on JPMorgan Chase (NYSE: JPM) “Buy to Open” October (2nd week) $94 Put and “Sell to Open” October (2nd week) $99 Put and “Buy to Open” October (2nd week) $117 Call and “Sell […]… Read More

IWM: Small Cap Roll

  Vertical Roll on iShares Russell 2000 ETF (NYSE: IWM) to December Put Credit Spread “Buy to Close” October (1st week) $170 Put and “Buy to Open” December $152 Put and “Sell to Open” December $160 Put Option Symbols: IWM221007P170 and IWM221216P152 and IWM221216P160 Limit Order Price: Net credit of $0.60 or more ($60 per […]… Read More

LULU: Wrinkled ABC Pants

Vertical Roll on Lululemon Athletica (Nasdaq: LULU) to October (2nd week) “Buy to Close” October (1st week) $292.50 Call and “Sell to Close” October (1st week) $295 Call and “Buy to Open” October (2nd week) $302.50 Call and “Sell to Open” October (2nd week) $297.50 Call Option Symbols: LULU221007C292.5 and LULU221007C295 and LULU221014C297.5 and LULU221014C302.5 […]… Read More

ELV, ULTA, UNH: Too Many Jobs

Please Note: Three Separate Rolls   1. Vertical Roll on Elevance Health (NYSE: ELV) to December “Buy to Close” October $480 Put and “Sell to Close” October $470 Put and “Buy to Open” December $470 Call and “Sell to Open” December $480 Call Option Symbols: ELV221021P470 and ELV221021P480 and ELV221216C470 and ELV221216C480 Limit Order Price […]… Read More

ADSK: Bearish Roll

  Vertical Roll on Autodesk (Nasdaq: ADSK) to October (3rd week) Put Debit Spread “Buy to Close” October (1st week) $192.50 Call and “Sell to Close” October (1st week) $197.50 Call and “Buy to Open” October (3rd week) $200 Put and “Sell to Open” October (3rd week) $192.50 Put Option Symbols: ADSK221007C192.5 and ADSK221007C197.5 and […]… Read More