Trade Adjustment : QQQ

screwdriver + wrench for adjustment

Stock / Symbol: PowerShares QQQ / QQQ Option Strategy: [Content protected for Monthly members only] Price at trade entry: $68.25 Price at this adjustment: $65 Current Position:[Content protected for Monthly members only]taking off the current [Read More …]

Trade Adjustment : SPY

screwdriver + wrench for adjustment

Stock / Symbol: SPDR S&P 500 ETF / SPY Option Strategy: [Content protected for Monthly members only] Price at trade entry: $146 Price at this adjustment: $141 Current Position: [Content protected for Monthly members only] [Read More …]

Trade Updates : RUT and SPY

cell tower with signal

Stock / Symbol: Russell 2000 / RUT Option Strategy: [Content protected for Monthly members only] Price at trade entry: $834 Price at this update: $816.50 Original Position:[Content protected for Monthly members only] Update: Bought back [Read More …]

Closing Trade : DIA

green_sell_button_110x110

Stock / Symbol: SPDR Dow Jones Industrial Average / DIA Option Strategy: [Content protected for Monthly members only] Price at trade entry: $135.18 Price at this adjustment: $130.65 Current Position:[Content protected for Monthly members only] [Read More …]

New Trade : QQQ

Green On Button for new trade

Stock / Symbol: PowerShares QQQ / QQQ Option Strategy: [Content protected for Monthly members only] Price at trade post: $68.25 Reasoning: We’re putting on a [Content protected for Monthly members only]This is a delta neutral [Read More …]

New Trade : SPY

Green On Button for new trade

Stock / Symbol: SPDR S&P 500 ETF / SPY Option Strategy: [Content protected for Monthly members only] Price at trade post: $146 Reasoning: With 30 days left till November expiration, we’re putting on an[Content protected [Read More …]

New Trade : DIA

Green On Button for new trade

Stock / Symbol: SPDR Dow Jones Industrial Average / DIA Option Strategy: [Content protected for Monthly members only] Price at trade post: $135.18 Reasoning: Between now and November expiration, the standard deviation calculation for DIA [Read More …]

New Trade : RUT

Green On Button for new trade

Stock / Symbol: Russell 2000 / RUT Option Strategy: [Content protected for Monthly members only] Price at trade post: $834 Reasoning: With 30 days till November expiration, it’s time to put on a new [Content [Read More …]

Strategy Overview : Double Calendar

double calendar

Double Calendar Spreads are a type of debit spread that results in a strategy that is delta neutral, positive theta, and positive vega.  Like an iron condor, this strategy is best applied when you believe [Read More …]

Market Outlook

Market Forecast crystal ball

Recently, the S&P ran out of steam when it could not remain above the 17 day moving average.  With the Williams Percent R indicator showing a strong overbought indication on Oct 4th, the S&P has [Read More …]