#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.
#354: Wed 3/8/2017 11:30 AM EST
Closing March TLT Calls We Wrote Last Week
Buy to close at the market the TLT March $120 Call. If you traded $2,000 in value, then buy to cover 4 puts.The gain on this is $0.71 or 78%. We remain with our April TLT Put.
#353: Wed 3/1/2017 12:30 PM EST
Rolling March TLT Puts
On January 26th, we recommended to buy puts on the iShares 20+ Year Treasury (TLT) using the March $119 Put that was trading at $2.53. TLT was at $118.50. We are rolling this to April and writing some calls as well.
#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.
#437: Thu 3/23/2017 8:09 AM EDT
U.S. futures: S&P +4, Dow Jones +11, NDX +5.50 and Russell 2000 +4.50. Asia and Europe higher.