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Options Oracle: Expiration Week Alert 02/20/14

This Friday marks expiration day for the February option chain. We are currently holding positions in the following companies; Gold ETF (GLD), Diamonds Trust (DIA). Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), Dr. Pepper Snapple Group (DPS), AT&T (T), JDS Uniphase, Inc. (JDSU), Tesla Motors (TSLA), Hershey Company (HSY), Dollar General, Corp.(DG), and Under […]

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Options Oracle: 02/14/14

Under Armour (Ticker UA) gapped up a couple of weeks ago but the signs are telling us the buyers are getting tired. The volume has been consistently dropping since the spike occurred the day of the gap and there is a nice role reversal target that can help us leg into a long-term diagonal calendar put spread. Once […]

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Options Oracle: 02/06/14

On October 25th, we bought the January 2015 390 Puts for $55.50 with an intent to turn this long put position into a diagonal calendar spread. Yesterday the stock filled the gap from October and formed a Doji Candle to the penny of that support level. Once again, I’m amazed at how accurate gap trading can be.

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Options Oracle: 01/31/14

This is the first time we are taking an option position in Dollar General. The stock is showing a textbook hammer pattern on a major role reversal support line, with a wide divergence from the 20-day moving average. These are all bullish signals that will help us make money on the credit put spread that we are initiating.

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Options Oracle: 01/23/14

This stock is one of the craziest ones I’ve traded. Today the stock closed almost $55 higher from the previous close on positive earnings news and created one of the widest gaps in the stocks history. We already have a diagonal put spread on this one but we are going to add a vertical (debit) put spread on […]

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Options Oracle: Expiration Week Alert 01/14/14

This Friday marks expiration day for the January option chain. We are currently holding positions in the following companies; Gold ETF (GLD), Diamonds Trust (DIA). Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), Dr. Pepper Snapple Group (DPS), AT&T (T), JDS Uniphase, Inc. (JDSU), Tesla Motors (TSLA), and Hershey Company (HSY).

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Options Oracle: 01/10/14

This stock has been a favorite of ours for many years. Hershey has an annual cycle that allows us to profit from the rally it goes through at the beginning of each year. It’s wonderful when you have a stock like this that you can count on but be careful, because this could be the […]

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Options Oracle: 01/03/14

This is a position that we will keep for about two weeks. The goal is for the stock to stay down below resistance (159) between now and January 17th, which is when the next expiration is for the January option chain.

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Options Oracle: 12/27/13

This is the chart that went out on November 28th when I sent out the alert to buy the Jan 2016 25 Calls in Potash for $7.20. The goal was to either turn the position into a calendar spread or get out for a profit once the stock hit its resistance point. As you can […]

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Options Oracle: Expiration Week Alert 12/18/13

This Friday marks expiration day for the December option chain. We are currently holding positions in the following companies; The Volatility Index (VIX), Gold ETF (GLD), Diamonds Trust (DIA). Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), Dr. Pepper Snapple Group (DPS), AT&T (T), Potash Corp. (POT), and JDS Uniphase, […]

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