New Bull Put Credit Spread Idea on WMT 10-09-18

New Bull Put Credit Spread Idea on WMT Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/9: WMT – Consider shorting Oct (10/19)...

New Option Income Trading Ideas for Week 10-8-18

The markets continue to be in a corrective mode. We remain in cautious/defensive mode which is why our current open positions and new recommendations are light. As of last Wednesday, SPY, QQQ, and DIA were consolidating bullish.  By the day's end, it was another...

New Bull Put Credit Spread Idea on NSC 10-01-18

NEW TRADE IDEA: New Bull Put Credit Spread Idea on NSC Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/5: NSC – Over $184.07,...

Bear Call Credit Spread Idea on BIDU  10-2-18

NEW TRADE IDEA: Bear Call Credit Spread Idea on BIDU Reminder, please read the value-added documents at the bottom of your member area. Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income. 10/2:  BIDU – Consider...

New Option Income Trading Ideas for Week 10-1-18

Below is a daily chart of Microsoft Corporation (MSFT).     Trade:  Over $114.91, consider shorting Oct (10/5) $113/109 bull put credit spread (5 DTE) for mid-point (closed at $.38/share). Technical Setup:  Breakout from bullish 4-day consolidation in top...