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Options Oracle: 01/23/14

This stock is one of the craziest ones I’ve traded. Today the stock closed almost $55 higher from the previous close on positive earnings news and created one of the widest gaps in the stocks history. We already have a diagonal put spread on this one but we are going to add a vertical (debit) put spread on […]

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Options Oracle: Expiration Week Alert 01/14/14

This Friday marks expiration day for the January option chain. We are currently holding positions in the following companies; Gold ETF (GLD), Diamonds Trust (DIA). Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), Dr. Pepper Snapple Group (DPS), AT&T (T), JDS Uniphase, Inc. (JDSU), Tesla Motors (TSLA), and Hershey Company (HSY).

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Options Oracle: 01/10/14

This stock has been a favorite of ours for many years. Hershey has an annual cycle that allows us to profit from the rally it goes through at the beginning of each year. It’s wonderful when you have a stock like this that you can count on but be careful, because this could be the […]

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Options Oracle: 01/03/14

This is a position that we will keep for about two weeks. The goal is for the stock to stay down below resistance (159) between now and January 17th, which is when the next expiration is for the January option chain.

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Options Oracle: 12/27/13

This is the chart that went out on November 28th when I sent out the alert to buy the Jan 2016 25 Calls in Potash for $7.20. The goal was to either turn the position into a calendar spread or get out for a profit once the stock hit its resistance point. As you can […]

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Options Oracle: Expiration Week Alert 12/18/13

This Friday marks expiration day for the December option chain. We are currently holding positions in the following companies; The Volatility Index (VIX), Gold ETF (GLD), Diamonds Trust (DIA). Baidu, Inc. (BIDU), iShares Silver Trust (SLV). Netflix, Inc. (NFLX), Amazon, Inc. (AMZN), Dr. Pepper Snapple Group (DPS), AT&T (T), Potash Corp. (POT), and JDS Uniphase, […]

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Options Oracle: 12/13/13

Ruger is right at a key Role Reversal support level right now and it looks as though there is enough of a secondary support level to protect our Credit Put Spread. Our goal is to sell the January 65.50 puts and buy the January 55.50 puts for a credit of $1.20. This will obligate us […]

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Options Oracle: 12/06/13

JDS Uniphase closed this week with a strong green candle supported by higher volume as it bounced off of a key support level. This leaves us with a perfect set up for a long call position in the stock. We’ve chosen the January 2016 options chain for this position. The reason for going so far […]

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Options Oracle: 11/28/13

We have been very successful with trading spreads in Potash and one of the main reasons for our success has been due to the fact that POT trades consistently with the technical signals. As you can see from the chart above Potash closed yesterday with a bullish engulfing pattern that formed right on a key […]

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Options Oracle: 11/22/13

AT&T is giving us enough technical information to go ahead and put on a long position. This is the first time we are trading in the 2016 option chain. The reason I’m going so far out is because the calls are cheap enough to allow us to do so. It also gives us a long […]

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