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Options Oracle: 04/13/2012

My call on the market was right on the money. If you took a position in the DIA Puts last week you should already be up on the trade and set up for the next move lower. Now that the Dow is trading well below its 20-day moving average we should see an increase in the selling activity […]

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Options Oracle: 04/06/2012

The Diamonds have been trading in a well-defined trading channel for the past three weeks but it looks like there are signs of a possible breakout below the established support level. Our strategy is to wait for the break below support and buy the January 135 puts so we can capture profits as the Diamonds move to the […]

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Options Oracle: 03/30/2012

Last week the alert went out to buy the Jan 2014 180 Calls when the stock broke out over the resistance point. You can see on page one of this document the chart that went along with that trade announcment. If you look on page two you will see the most current chart for Amazon that clearly shows […]

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Options Oracle: 03/23/2012

There is a lot to be said about the most recent green candle on the weekly chart. Not only is it one of the longest green candles we seen in months, it is also showing up on stronger volume. In addition, there are very small shadows found on the upper and lower end of the price range. This […]

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Options Oracle: Expiration Week Alert 03/14/12

This Friday marks expiration day for the March option chain. We are currently holding positions in the following companies; SPDR Gold Trust (GLD), Microsoft Corp. (MSFT), International Business Machines (IBM), Potash Corp. (POT), the Volatility Index (VIX), Chipotle Mexican Grill (CMG), iShares Silver Trust (SLV) and the AMEX SPDR Energy Select Index (XLE). Watch this week’s video »

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Options Oracle: 03/09/2012

One of the main reasons why I’m interested in the energy sector is because I think the tensions in Iran will continue to mount. There is a good chance that Isreal will strike before the summer months and if this happens the Oil sector will rally as speculators fear an oil shortage. There are areas in California where […]

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Options Oracle: 03/01/2012

SLV is showing a clear upward sloping channel that is pointing right at our gap target point of $38. The plan here is simple; Buy the January 2014 30 Leap calls and wait until the target price is reached. From there we will be able to determine whether to turn this into a diagonal calendar spread or just […]

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Options Oracle: 02/24/2012

In this week’s Options Oracle, we take a look at Chipotle Mexican Grill (CMG). The stock has been staying in a well-defined upward trend that looks as though it will hold. Both of the options we are trading are in-the money, which means if the stock stays over the 375 strike price we will have bought a $5 […]

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Options Oracle: Expiration Week Alert 02/15/12

This Friday marks expiration day for the February option chain. We are currently holding positions in the following companies; SPDR Gold Trust (GLD), Netflix, Inc. (NFLX), Microsoft Corp. (MSFT), International Business Machines (IBM), Nike Inc. (NKE), Potash Corp. (POT), Google, Inc. (GOOG), and the Volatility Index (VIX). See this week’s video »

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Options Oracle: 02/08/2012

This week, we take a look at the S&P 500 Volatility Index (VIX). Next week we will begin our monthly position adjustments as we make a move to roll our February option spreads into the next expiration month (March). Be sure to keep an eye out for my expiration week alert which will be delivered to you no […]

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