Publications

META, PG: Social Household

Please Note: Four Separate Rolls 1(a). Closeout on Eastman Chemical (NYSE: EMN) as Part of Vertical Roll “Buy to Close” November $105 Call and “Sell to Close” November $90 Call and “Buy to Close” November $115 Call and “Sell to Close” November $130 Call Option Symbols: EMN221118C90 and EMN221118C105 and EMN221118C115 and EMN221118C130 Limit Order […]… Read More

9/22/15 Trade Alert: One of the Weakest Weeks of the Year

Note to Beta Test Group: A few beta testers commented that they exited last week’s SPY 196/199 call debit spread early because the rate of return was so high that they wanted to “lock it in.” Profits of anywhere from 50%-95% were locked in. The purpose of this beta-test period is precisely to get feedback […]… Read More

AFL: Last-Minute Roll

Vertical Roll on Aflac Inc. (NYSE: AFL) to November (2nd week) “Buy to Close” September (5th week) $77 Call and “Sell to Close” September (5th week) $78 Call and “Buy to Open” November (2nd week) $76 Put and “Sell to Open” November (2nd week) $77 Put Option Symbols: AFL230929C77 and AFL230929C78 and AFL231110P76 and AFL231110P77 […]… Read More

9/28/15 Trade Alert: Taking Advantage of High Volatility for Neutral Iron Condor

Note to Beta Test Group: A few beta testers commented that they disregarded my limit debit order of 0.70 on last week’s SPY 194.50/196.50 put debit spread because the large gap down on Tuesday morning made the 0.70 limit debit unfillable and they still liked the trade for a 1.15 debit. After all, at a […]… Read More

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