New Bearish Income Trade Idea 2-28-18

Below is a daily chart of Overstock.com, Inc. (OSTK). Trade:  Under $60.00, consider shorting Mar (3/19) $70/75 bear call credit spread (9 DTE) for a $.70/share (closed at $.50/share, but spready so HIGH RISK). Technical Setup:  Bearish consolidation between 20/50-MA...

New Weekly Option Income Trade Ideas 2-25-18

Below is a daily chart of Lululemon Athletica Inc. (LULU).   Trade:  Over $82.21, consider shorting Mar (3/2) $80/75 bull put credit spread (5 DTE) at mid-point but limit of $.43/share (closed at $.47/share). Technical Setup:   Bullish consolidation in top range...

New Weekly Income Trades 2-22-18

AAPL is new trade posted in chat just now (but below are comments to everything else): 2/22:  AAPL – Under $171, consider shorting Mar (3/2) $175/180 Bear Call Spread for mid-point (currently $.90/share) (8 DTE).  Breakdown from 5-day narrow consolidation with Topping...

Income Trade Ideas for Week 2-12-18

Despite the market turmoil the past three weeks, we are pleased to report that the Master Trader Weekly Option Trader has closed 21 straight wins for a total of $7.69 points ($7,690 based on a 10-lot of each recommendation).  As always, we will manage opens using...