Short Put Income Trade in WTW 9-21-17

Weight Watchers International Inc. (WTW).  Consider shorting Sep (9/29) $40.5 naked puts (9 DTE) for a limit of $.25/share.  Stop Loss:  $41.08.  Bullish consolidation on the rising 20-MA daily and buy setup weekly.   Please Sign Up for Text Alert Service for...

Trade Updates and New Text Alert Service 9-21-17

Adjustments and Comments on Weekly Option Trades 9/19/17:  TSLA –  Shorted Sep (9/22) $390/400 bear call spread (3.5 DTE) for $.84/share.  9/20:  Close half at current mid-point of $.14/share (9/20 closing price) or better and move stop to $378.26/share....

Weekly Income Trade on Stalled TSLA 9-19-17

Below is a daily chart of Below is a daily chart of Tesla, Inc. (TSLA). Trade:   Under $375.65, consider shorting Sep (9/22) $390/400 bear call spread (3.5 DTE) for mid-point but of limit of $.84/share or better (currently at $.91/share). Technical Setup:   Bearish...

Income Trade in Bottoming Oil Sector 9-14-17

Below is a daily chart of Pioneer Natural Resources Company (PXD). Trade:  Consider shorting Sep (9/15) $134 naked puts (2 DTE) for a limit of $.65/share (closed at $.50 x $.80/share). Technical Setup:   Bullish Wide Range Bar (+WRB) Breakout from daily consolidation....

Trade Updates 9-13-17

 Adjustments and Comments on Weekly Option Trades 9/13/17:  EFX – Over $115.40, consider shorting Sep (9/15) $100/90 bull put spread (3 DTE) for a limit of $.28/share (currently mid-point of $.30/share but spready).  Note:  High Risk because company’s egregious...