Consider DIA Put… and DIS Call

“The worst is far from over, “ I noted on July 27, 2015. The Dow had just broken previous support, we warned, and could send the Dow to 17,250 unless something big happens. Since then, the Dow attempted to stage a move higher on nothing. But that has since failed as...

Exit Micron Call…

Weeks after taking nice gains from the Micron put side of the hedge, we’re ready to exit the MU October 20 calls for respectable gains, too. The October 20 call now trades at $1.62 x $1.66, per eTrade. Let’s sell to close that position here to secure the gain. Ian L....

Consider LOCK Calls…

There’s just no rhyme or reason to the market these days… China, Puerto Rico, Greece, Russia, Iran, oil, gold… you name it. And it’s making a mess of the market. The Dow fell 200 yesterday. We’re down another 90 today… after challenging historic resistance that’s...