Publications

6/14/12 Trade Alert: Bulking Up on Sports

Sell Put Credit Spread on GNC Holdings (NYSE: GNC) “Buy to Open” September $25 Put and “Sell to Open” September $35 Put Option Symbols: GNC120922P25 and GNC120922P35 Limit Order Price: Net credit of $2.00 or more ($200 per spread) Directional View for Underlying Stock: Neutral to slightly bullish. Maximum profit: $200 if stock price is […]… Read More

6/13/12 Trade Alert: More June Rolls

1. Vertical Roll on Danaher (NYSE: DHR) “Buy to Close” June $52.50 Put and “Buy to Open” September $45 Put and “Sell to Open” September $52.50 Put Option Symbols: DHR120616P52.5 and DHR120922P45 and DHR120922P52.5 Limit Order Price for Three-Legged Vertical Roll: Net credit of $1.10 per share or more ($110 per vertical roll) For those […]… Read More

Bonus Options Trade

Recommendation Date: 7/7/16 Put Credit Spread on Berkshire Hathaway Class B (NYSE: BRK-B) “Buy to Open” September $135 Put and “Sell to Open” September $140 Put Option Symbols: BRK-B160916P135 and BRK-B160916P140 Limit Order Price: Net credit of $1.25 or more ($125 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

6/7/12 Trade Alert: Back to Biotech

Sell Put Credit Spread on Celgene (Nasdaq: CELG) “Buy to Open” October $50 Put and “Sell to Open” October $60 Put Option Symbols: CELG121020P50 and CELG121020P60 Limit Order Price: Net credit of $1.80 or more ($180 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin requirement […]… Read More

6/6/12 Trade Alert: Rolling Three June Put Spreads

1. Vertical Roll on Cummins (NYSE: CMI) “Buy to Close” June $105 Put and “Sell to Close” June $97.50 Put and “Sell to Open” September $105 Put and “Buy to Open” September $95 Put Option Symbols: CMI120616P105 and CMI120616P97.5 and CMI120922P105 and CMI120922P95 Limit Order Price for Four-Legged Vertical Roll: Net debit of $0.70 per […]… Read More

5/31/12 Trade Alert: Twofer Thursday

  1. Sell Put Credit Spread on Facebook (NasdaqGS: FB) “Buy to Open” August $18 Put and “Sell to Open” August $25 Put Option Symbols: FB120818P18 and FB120818P25 Limit Order Price: Net credit of $1.70 or more ($170 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income […]… Read More

5/25/12 Weekly Briefing: Just a Bump in the Road

Market corrections come and go, but successful traders don’t let the turbulence shake them out of their option positions on fundamentally strong businesses.
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5/24/12 Trade Alert: Apparel Double Seam

Sell Put Credit Spread on VF Corp (NYSE: VFC) “Buy to Open” August $115 Put and “Sell to Open” August $125 Put Option Symbols: VFC120818P115 and VFC120818P125 Limit Order Price: Net credit of $1.70 or more ($170 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

5/18/12 Trade Alert: Betting Against Armageddon

Bonds are pricing in an economic collapse and that’s rarely a bet that pays off.
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5/18/12 Trade Alert: Betting Against Armageddon

Vertical Roll on iShares Barclays 20+ Year US Treasury Bond ETF  (NYSE: TLT) “Buy to Close” May $123 Call and “Buy to Open” July $132 Call and “Sell to Open” July $124 Call Option Symbols: TLT120519C123 and TLT120721C132 and TLT120721C124 Limit Order Price: Net credit of $1.05 or more ($105 per spread) For those using […]… Read More