#259: Wed 11/9/2016 10:46 PM EST
What Is A Straddle & Diagram Of Current Straddle Trade
Tuesday we recommended a straddle trade. A straddle is used when a stock or ETF is at a key level and you know it is going to break, but not sure the direction.
In front of the election, we knew a big move was coming but was not sure of the direction. So our normal $2,000 trade became two $1,000 trades.
#352: Mon 2/13/2017 1:28 PM EST
New Trade On SPY
We are going back to SPY and will buy the March SPY ...
#351: Mon 2/13/2017 11:50 AM EST
Locking In Gains On March DIA $199 Calls
We recommended on January 9th the Dow Jones Industrial ETF (DIA) February $199 Call that was trading at $2.69. DIA was at $199.00.
On February 3rd, we rolled the February $199 Call to a March $199 Call.
The call was at $2.95 when we bought it and is now at $5.45. For a nice gain of $2.50 or 84.75%. The overall trade with the roll and a call written however did lose money.
#765: Sun 11/27/2016 9:55 PM EST
Index ETF Options Activity
Each day we look for unusual options activity. If there is none, then this column will not appear. We note one major Index Equity ETF saw unusual call action.
#427: Thu 2/16/2017 8:04 AM EST
Futures A Tad Lower
U.S. futures: S&P -4.25, Dow Jones -36, NDX -2.00 and Russell 2000 -5.20. Asia mixed and Europe lower.