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...

Revised Weekly Options Trader 2-4-18

Below is a daily chart of Chevron Corporation (CVX).   Trade:  Over the 30-Min. high, consider shorting Feb (2/9) $117/114 bull put credit spread (5 DTE) for mid-point but a limit of $.55/share (closed at $.65/share). Technical Setup:   -WRB on +Vol. to Major...

New Trade Ideas for Week of 2-5-18

  TRADE WATCH IDEAS: Below is a daily chart of Big Lots, Inc. (BIG). Note:  We will be watching to see if reverses in the $56 area for possibly selling a weekly Bull Put Credit Spread (BPS).   Below is a daily chart of United Parcel Service, Inc. (UPS)....