New Option Income Trading Ideas for Week 11-18-19

11/18:  MMM – Over $172.69, consider shorting Nov (11/22) $170/165 bull put credit spread for a limit of $.80/share.  (closed at $1.07/share).  Reversal on support and r20-MA after +Gap Breakout and retracement daily.  Stop $169.88.     11/18:  WBA – Over...

New Option Income Trading Ideas for Week 11-11-19

The S&P 500, Dow-30, and Nasdaq 100 closed at new highs, with the market news being mostly friendly since the start of October — despite a slowing global economy, ongoing U.S.-China trade war, and impeachment drama. With volatility low, a whole lot of good news...

New Option Income Trading Ideas for Week 11-4-19

11 for 11 CLOSED GAINS on last week’s trades, see VIDEO below.   11/4:  INTC – Over $56.65, shorting Nov (11/8) $55.5/53.5 put spread for a limit of $.24/share (closed at $.28/share).   Breakout from bullish consolidation after +Gap and +WRB daily. Stop $55.54....