Options Oracle: Expiration Week Alert 09/15/11

This Friday marks expiration day for the September option chain. We are currently holding positions in the following companies: First Solar (FSLR), Costco Wholesale Corp. (COST), Baidu, Inc. (BIDU), Potash Corp. (POT), SPDR Gold Trust (GLD), General Electric (GE) and the condor spread we legged into for the Diamond Trust Series (DIA).

Volatility in the market has been steadily increasing, but our profits have been doing the same as we continue to work our spread positions. For investors who have not used any option strategies, this has been a challenging market, and it looks as though the market is still struggling to find direction. Our goal is to continue with calendar spreads that will allow us to collect time premium as a return on our investment. If you are a subscriber who is new to the world of calendar spreads, just stick with us and follow along with each of the weekly alerts. Before long, you will be more familiar with the strategy and a lot more comfortable once you have traded a few of them in your position.

Here is a link to the registration page for our Open House Q&A session that will take place next Monday evening at 8pm. This 1 hour session is in lieu of the video alert that accompanies the weekly trade reports.

Have a great expiration Friday and I will speak with you on Monday.

To gain access to the PDF download and video, sign up for an Options Oracle Subscription!

About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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