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Options Oracle: Expiration Week Alert 07/18/12

This Friday marks expiration day for the July option chain. We are currently holding positions in the following companies; SPDR Gold Trust (GLD), Potash Corp. (POT), iShares Silver Trust (SLV), AMEX SPDR Energy Select Index (XLE), Amazon (AMZN), SPDR Dow Jones Ind. Avg. ETF (DIA), Netflix (NFLX), Starwood Hotels (HOT), iShares Gold Trust (IAU) and Hain Celestial Group, Inc. (HAIN). […]

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Options Oracle: 07/13/2012

On May 25th we initiated a long call position in NFLX. Over time, we added a credit put spread to the position and eventually sold calls against the long leap position to lower the cost basis. Now that July expiration is right around the corner, we are going to sell the August puts against the existing position to […]

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Options Oracle: 07/06/2012

In two weeks we will see the July Option Chain go off the board and the August options will take their place. For the option trader, this is the busiest time of the month because we will be rolling our positions and adjusting them for maximum profit. Stay alert and keep your eyes on your mailbox because there […]

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Options Oracle: 06/29/2012

Our long-term opinion for Netflix has been bullish and our expectation for the stock is that the gap will eventually fill to the upside. We already hold a long call position in this stock and the credit put spread that we are putting on today will help to pay down the cost basis. Support is right around the […]

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Options Oracle: 06/21/2012

HAIN has been mentioned several times during our open house sessions Q&A sessions where most of that time HAIN has been in an upward trend. However, Hain Celestial Goup, Inc. is now showing signs of a breakdown, which is why we are taking a long put position today. As you can see from the chart above, the volume bars […]

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Options Oracle: Expiration Week Alert 06/13/12

This Friday marks expiration day for the June option chain. We are currently holding positions in the following companies; SPDR Gold Trust (GLD), Potash Corp. (POT), iShares Silver Trust (SLV), AMEX SPDR Energy Select Index (XLE), Amazon (AMZN), SPDR Dow Jones Ind. Avg. ETF (DIA), Netflix (NFLX), Starwood Hotels (HOT) and iShares Gold Trust (IAU). Watch this month’s video […]

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Options Oracle: 06/08/2012

This is a simple strategy that requires us to take a long call position. There is nothing complicated about this. We are buying the in-the-money January 11 calls at $4.60 and waiting for the stock to rally. Once the stock has reached the target price we will then decide whether to take our profits or turn this into […]

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Options Oracle: 05/31/2012

This is a simple cash secured put position that will allow us to take in $2.10 of premium to our account. Selling puts places us in an obligation to buy the stock at the strike price should the stock close below that strike price on expiration day. Someone is willing to pay us $2.10 a share to buy […]

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Options Oracle: 05/25/2012

This long LEAP position we are taking is the first part of a Diagonal Calendar Spread. Our goal is to wait for the stock to move higher as it is drawn to fill the gap. Once the stock has moved up we will then sell the near month, at-the-money calls to complete the spread. The risk is to […]

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Options Oracle: Expiration Week Alert 05/15/12

This Friday marks expiration day for the May option chain. We are currently holding positions in the following companies; SPDR Gold Trust (GLD), Potash Corp. (POT), the Volatility Index (VIX), iShares Silver Trust (SLV), AMEX SPDR Energy Select Index (XLE), Amazon (AMZN), SPDR Dow Jones Ind. Avg. ETF (DIA), and Apple, Inc. (AAPL). Our Baidu position got stopped out […]

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