Buy to Open SPLS December 2014 13 Put up to $1.45

by | Sep 8, 2014 | Uncategorized

After producing this record since May 27, 2014: We did run into some losers. But we continue to hold everything. Thankfully, given market volatility, losses for us haven’t been a historical problem. Our Enerplus (ERF) position returned as much as 35% gains days after...

Buy to Open DDD January 2015 55 Calls up to $3.40

by | Sep 8, 2014 | Uncategorized

After a dizzying week of ups and downs, the market is finding weakness at double top. Failure could send it down badly, which is why we hold the DIA November 169 put. At some point, the Dow needs to correct. Hold that and all other open positions. We see no reason to...

Sell to Close TOL December 36 Puts for Gains

by | Sep 4, 2014 | Uncategorized

Yesterday, we exited half of the TOL December 2014 36 put for gains of up to 29%. Today, after watching the underlying stock, we feel it’s best to exit the second half of the trade for up to 33% gains. It’s better to be safe than risk the gain here.

Exit Half of TOL December 36 Puts

by | Sep 3, 2014 | Uncategorized

As hoped, Toll Brothers (TOL) pulled back from massively overbought conditions, falling $1.50 on the day. That move sent our TOL December 36 puts to $3 – a 25% gain from a $2.40 entry. We’re recommending that sell to close just half of the position today to secure...

Sell to Close SPLS Calls and LL Calls for Gains

by | Sep 3, 2014 | Uncategorized

We see no reason to exit our positions in Red Robin (RRGB) or Noodles & Company (NLDS). Both may be down. But given patience they should come back very nicely. Both stocks are massively oversold and ready to reverse off these lows. With NDLS, MACD and RSI are...

Sell to Close SPLS Calls and GPRO Calls

by | Sep 2, 2014 | Uncategorized

We caught the Dow upswing from it 200-day moving average, walking with gains of 62% and 27% on DIA October 167 calls the other week…  But we were sure to jump out at double top, where the Dow is beginning to break down. The Dow is insanely overbought on RSI and MACD…...

Buy to Open SLV Calls

by | Aug 27, 2014 | Uncategorized

After closing many wins since late July 2014, we do have some losses.  But we continue to hold all open positions. Today, we have a new trade.  And it should work out beautifully. It’s silver.  It’s over-extended to the downside on MACD and RSI, as the underlying...

Buy to Open ERF January 2015 22 Calls up to $1.60

by | Aug 25, 2014 | Uncategorized

Since December 2013, we’ve closed a total of 38 winning positions… and only six losers. That’s after we banked 39% and 44% gains on the Hershey (HSY) November 90 and January 90 calls just last week. Not too shabby… Today, we’re adding oil and gas drilling company,...

Buy to Open Small Put Positions in TOL and DIA

by | Aug 22, 2014 | Uncategorized

After trading the home builders and the DIA for quick 15-day gains, we now have an opportunity to trade the downsides. Toll Brothers (TOL) – for example – just gave us returns of 44% and 65% gains on the long side. But the stock is now over-extended to the upside,...