9/27/2020 Plan: We look to sell a put in MetLife (Ticker: MET). Plus a bonus trade in INTC 9/27/2020 Plan (continued): MET – Sell 1 of the 23 October 32 puts for 0.38. Likely to get a lower fill here. A 33/31 spread for 0.25+ is another play for those […]
put-sale
9/20/2020 Plan: We look to sell a put (or spread) in Slack (Ticker: WORK) 9/20/2020 Plan (continued): WORK – Sell 1 of the 2 October 23.5 puts for 0.32 OR the 22.5 put expiring 9 October for 0.28 WORK – Sell 2 of the 2 October 23.5/21.5 puts for 0.25 […]
I received a call from a member, a week before Apple’s split 4:1 asking whether they should buy shares for their long term account before the split or after the split. I gave my canned stock split pitch about how the value of the company is the same before and […]
Day before earnings – “XYZ reports tomorrow, I know it is going to beat expectations, and I’ve loaded up on calls!” Day of earnings – “XYZ crushed it, but XYZ went down” or “XYZ crushed it, but my calls dropped in value” I receive lots of questions and see plenty […]
9/7/2020 Plan: We look to sell a put (or a put spread) in Johnson and Johnson (Ticker: JNJ) 9/7/2020 Plan (continued): JNJ – Sell 1 of the 2 October 140 puts for 1.67 or the 140/135 put spread for 0.71 Prices are as of market close 9/4/2020, actual fill and […]
Betcha can’t eat just one. No really, don’t eat Intel’s chips. They are terrible. Worse than this joke. Back on July 23rd, Intel reported earnings. They beat Wall Street’s estimate by $0.12 ($1.23 vs. $1.11). They beat on revenue as well ($19.7B vs $18.55B). Earnings, revenue, net income, etc. all […]
8/16/2020 Plan: We look to sell a put in Slack (Ticker: WORK) again this week, to take advantage of the higher implied volatility. 8/16/2020 Plan (continued): WORK- Sell 1 of the 4 September 25 puts for 0.31. If it is available, may do the 24.5 put for 0.28 We will […]
Probably an embarrassing thing to admit, but I *do* have memories of a calculator when I was growing up. In high school, we needed to have a graphing calculator and it wasn’t long before we realized we could load (basic) games on it and waste time rather than paying attention […]
8/2/2020 Plan: This week, your choice of bullish plays in two of the major banks – JP Morgan (Ticker: JPM) and Citibank (Ticker: C) 8/2/2020 Plan (continued): JPM – Sell 1 of the 28 August 90/86 put spreads for 0.60 C – Sell 4 September 45 put for 0.69 or […]
This week, let’s figure out how to cover the cost of an overdraft fee. Actually, you’d need to do the trade two times to cover the cost ($35!), but it is a good way to build up your trading account with a low risk, good reward trade. First a chart […]