Weekly Income Trade on Extended Stock 9-25-17

Below is a daily chart of The Boeing Company (BA). Trade:   Consider shorting Sep (9/29) $260/265 bear call spread (5 DTE) for around current mid-point of $.60/share. Technical Setup:   Climactic Sell Setup (CSS) and Topping Tail daily. Option Strategy:   Bear Call...

Income Trades & New Text Service 9-25-17

Below is a daily chart of The Walt Disney Company (DIS). Trade:   Under $98.53, consider shorting Sep (9/29) $99.5 naked calls (5 DTE) for a limit of $.36/share (closed at $.35 x .42/share). Technical Setup:   Anticipated Breakdown after bearish consolidation in the...

New Income Trade Idea 9-22-17

Below is a daily chart of RH (RH). Trade:  Over $75.00, consider shorting Sep (9/29) $69/65 bull put spread (8 DTE) for mid-point but a limit of $.40/share (closed at $.50/share). Technical Setup:   Bullish Consolidation following Pro Gap daily. Option Strategy:  ...

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....