New Option Income Trading Ideas for Week 9-16-19

Below is a daily chart of Floor & Decor Holdings, Inc. (FND).   Trade:  Over $50.00 consider shorting Sep. (9/20) $47.5/42.5 bull put credit spread (5 DTE) for mid-point but limit of $.35/share (closed at $.45/share). Technical Setup:   Breakout from bullish...

New Option Income Trading Ideas for Week 9-9-19

Below is a daily chart of Workday, Inc. (WDAY).   Trade:   Under 172.21, consider shorting Sep. (9/13) $180/185 bear call credit spread (5 DTE) for a limit of $.40/share (closed at $.40/share but extended intra-day). Technical Setup:   Breakdown in downtrend...

New Option Income Trading Ideas for Week 9-3-19

Wall Street’s top strategists describe current market sentiment as TWITCHY, SKITTISH and ANXIOUS. Investors are concerned about trade tensions, confusing economic data, and uncertain monetary and fiscal policy plans; hence, the multi-week defined trading range. Trade...