OPTION WHEEL IN ACTION – 17% potential return STRATEGY: Sell cash secured put, get shares, create covered call, REPEAT…OPTION WHEEL NEW ALERT Adjustment: SELL May $10.00 GPRO Covered Calls @$0.30 for each 100 long shares to lower cost basis to $8.50. GRRO long shares were assigned at $9.05 from the February option […]
Trade Alert
PRICE CHANGE Raise BUY to $3.75 or less New Trade Alert for (EWC) Buy EWC iShares Canada ETF January $24 Call @$3.25 or less Risk Rating: 2 (1 = lowest 5 = highest) Above Break Even Probability: 57% Max Loss Probability: 10% The broad market S&P is stuck not marking a new […]
New Trade Alert for (TEVA) TEVA Pharmaceuticals – Buy January $27.50 Call @ 6.75 or less Risk Rating: 3 (1 = lowest 5 = highest) Below Break Even Probability: 48% Max Loss Probability: 17% Stop Loss @ 50% of premium paid I Want A New Drug One sector that has missed the post […]
Back To the BP Profit Well New Trade Alert for (BP) British Petroleum January $30.00 Call @$4.50 or less Risk Rating: 2 (1 = lowest 5 = highest) Above Break Even Probability: 56% Maximum Loss Probability: 16% Bulls Eye struck Black Gold with two British Petroleum winners in 2016. […]
Steel Sale…New Trade Alert for (CLF) Cliffs Natural Resources CASH SECURED PUT SALE Sell April CLF $8.00 Put @$0.40 or more to open Risk Rating: 2.5 (1 = lowest 5 = highest) Above Break Even Probability: 70% Let expire for 5% return on risk or get long CLF at $7.60. HIGH PROBABILITY […]
1 Winner out of 1 Trade closing out today March Option Expiration Update NUGT WINNER… WHEEL IT… GoPro, Southwestern Energy and Seadrill The strategy to sell cash secured puts is a method to buy stock at a discount or get paid not to… taking advantage of the market fears and volatility […]
New Trade Alert for (GM) General Motors September $34 Call @$4.50 or less Risk Rating: 2.5 (1 = lowest 5 = highest) Above Break Even Probability: 46% Max Loss Probability: 23% Stocks have surged with double digit percentage gains since the election to extend the rally run to 250% in this 8 year […]
New Trade Alert for (NUGT) GOLD MINERS ETF CASH SECURED PUT SALE Sell March NUGT $7.50 Put @$0.38 or more to open Risk Rating: 3.5 (1 = lowest 5 = highest) Above Break Even Probability: 73% Let expire for 5% return on risk or get long NUGT at $7.12. HIGH PROBABILITY 5% […]
TIME TO SHINE like 2016 100% Silver Winner New Trade Alert for (SLV) iShares Silver Exchange Traded Fund Jan $14.00 Call @$3.00 or less Risk Rating: 2 (1 = lowest 5 = highest) Above Break Even Probability: 48% Max Loss Probability: 16% Asset appreciation has paused with the current unwinding in Stocks, Crude, and […]