#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.
#367: Fri 4/28/2017 1:39 PM EDT
New Trade On SPY
We are going to play the S&P 500 via SPY. We will buy ...
#366: Fri 4/28/2017 10:42 AM EDT
Close SPY Puts For A Gain
On Wednesday we recommended puts on the S&P 500 via SPY. Now we are going to sell the S&P 500 ETF (SPY) May $239 Put that was trading at $1.99 when we recommended it. SPY was at $238.87 and is now at $238.41. The put is at $2.04 for a gain of $0.05 or 2.51%.
#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.
#452: Thu 4/27/2017 9:07 AM EDT
Futures Up Modestly
U.S. futures: S&P +3, Dow Jones +26, NDX +11.50 and Russell 2000 +3.00. Asia mixed and Europe lower.