Publications

CVX, NVDA, TSLA: Early August Rolls

Please Note: Three Separate Rolls   1. Vertical Roll on Chevron (NYSE: CVX) to October (3rd week) “Buy to Close” August (2nd week) $145 Put and “Sell to Close” August (2nd week) $144 Put and “Buy to Open” October (3rd week) $140 Put and “Sell to Open” October (3rd week) $145 Put Option Symbols: CVX240809P144 […]… Read More

COP, GPC, TREX: Construction Snafus

Please Note: Three Separate Rolls   1(a). Closeout on ConocoPhillips (NYSE: COP) as Part of Vertical Roll “Buy to Close” August $110 Put and “Sell to Close” August $100 Put and “Buy to Close” August $130 Call and “Sell to Close” August $140 Call Option Symbols: COP240816P100 and COP240816P110 and COP240816C130 and COP240816C140 Limit Order […]… Read More

CI, NVDA, VXX: Graphic and Volatile Insurance

Please Note: Three Separate Trades Valid Through Monday August 19th   1. Put Credit Spread on The Cigna Group (NYSE: CI) “Buy to Open” November $310 Put and “Sell to Open” November $320 Put Option Symbols: CI241115P310 and CI241115P320 Limit Order Price: Net credit of $3.75 or more ($375 per spread) – good ’til canceled […]… Read More

CVX, VLO, VXX: Volatile Energy Complex

  Please Note: Three Separate Trades   1. Put Credit Spread on Chevron (NYSE: CVX) “Buy to Open” August (2nd week) $144 Put and “Sell to Open” August (2nd week) $145 Put Option Symbols: CVX240809P144 and CVX240809P145 Limit Order Price: Net credit of $0.50 or more ($50 per spread) — good-til-canceled (GTC) order Directional View […]… Read More

PSX, VXX: Fueling Volatility

Please Note: Two New Trades: PSX, Valid Through Wednesday, August 7th, and VXX, Valid Through Monday, August 12th   1. Put Credit Spread on Phillips 66 (NYSE: PSX) “Buy to Open” August (2nd week) $133 Put and “Sell to Open” August (2nd week) $134 Put Option Symbols: PSX240809P133 and PSX240809P134 Limit Order Price: Net credit […]… Read More

MSFT: High Probability Recovery

  Please Note: The following recommended opening trade only applies to those FIC members who already have positions in the Microsoft August (1st week) put credit spread. Do NOT do this trade as an initial position. Vertical Roll on Microsoft (Nasdaq: MSFT) to December (3rd week) Call Debit Spread “Buy to Open” December (3rd week) […]… Read More

AMGN, MAR, MRK, ROST, TGT: Rolling Thunder

Please Note: Five Separate Rolls 1(a). Closeout on Amgen (Nasdaq: AMGN) as Part of Vertical Roll “Buy to Close” August (1st week) $330 Call and “Sell to Close” August (1st week) $345 Call Option Symbols: AMGN240802C330 and AMGN240802C345 Limit Order Price: Net debit of $0.95 or less ($95 per spread) — day order Rationale for […]… Read More

SYY: November Bound

1. Vertical Roll of Sysco (NYSE: SYY) to November Call Debit Spread “Buy to Close” August $80 Put and “Sell to Close” August $70 Put and “Buy to Open” November $70 Call and “Sell to Open” November $80 Call Option Symbols: SYY240816P70 and SYY240816P80 and SYY241115C70 and SYY241115C80 Limit Order Price: Net debit of $10.00 […]… Read More

BLK, ELV: Elevated Hedges

Please Note: Two Separate Trades Valid Through Monday August 12th   1. Call Credit Spread on BlackRock (NYSE: BLK) “Buy to Open” September $930 Call and “Sell to Open” September $920 Call Option Symbols: BLK240920C920 and BLK240920C930 Limit Order Price: Net credit of $2.50 or more ($250 per spread) – good ’til canceled (GTC) Directional […]… Read More

BSX, NVDA: Graphic Hearts

Please Note: Two Separate Trades   1. Call Credit Spread on Boston Scientific (NYSE: BSX) “Buy to Open” August (1st week) $76.50 Call and “Sell to Open” August (1st week) $75.50 Call Option Symbols: BSX240802C75.5 and BSX240802C76.5 Limit Order Price: Net credit of $0.50 or more ($50 per spread) — good-til-canceled (GTC) order Directional View […]… Read More