Posts by Admin

(Credit Spread) Glimpse Trade: 12/16/13: AMZN

AMZN: Credit Spread This is a simple credit spread using PUTS on Amazon.com. By using Puts that means the trade is bullish to neutral. What I want is for the stock to stay above the short strike. As long as it does that the trade will make money. If you look at a chart of…

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(Options Selling) Glimpse trade: QQQ

11/14/2013 This trade is fairly simple. It is called a credit spread and it is being done on the Nasdaq 100 ETF. Symbol: QQQ Sell to Open Dec 80 Puts (.38) Buy to Open Dec 79 Puts (.28) for a credit of .10 If you do one contract of this trade the maximum you can…

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(Option Trading) Glimpse Trade: XHB

Here is this month’s Glimpse of Genius trade. Glimpse of Genius is a free service where we share one delta neutral/option selling trade a month so that you can see how these trades work in real time. We do these “live” and you can sign up to be updated by email whenever we adjust or…

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(Stock Options Trading) Glimpse of Genius Launch

Every once in a while I post a trade on the blog for all to see. I don’t have any time table or schedule. Just do it whenever I feel like it. But I am thinking of doing it on a more regular basis. So I want to launch something called ” Glimpse of Genius”…

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OG Lifestyle: NASCAR

180 mph in a real Nascar on a real Nascar track. Did it. Check that off my bucket list. It was so much fun, I want to go back. Outside Dallas, there is the Texas Motor Speedway and they rent out the track to a couple companies that teach and let regular people drive on…

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(Stock Option Analysis) Is This A Good Trade?

Online Option Trade Analysis Got an email question today about a potential trade. Actually the email says he already made the trade. Let’s take a look and see if it makes sense. Email: “I’m looking at one of the companies Xpound has covered: AKS. http://finance.yahoo.com/q/op?s=AKS&m=2013-07-20 If I bought 100 shares of this company at $3.35…

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CREE Option Trade

Option Trading: I got this email today asking for a trade: “Allen, Would you consider offering me ONE BEST OPTION STRATEGY IDEA regarding CREE ?  I suppose some form of spread is what I am thinking of. If you provide one ‘reasonably good results’ strategy , protecting principal, then I will sign up with you.…

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Hedging Strategies Contest Winners

(how to use options) So the contest is over.Had a lot of fun, and a lot of people participated. Thank you to everyone who took part and for spreading the word about my Protect Your Portfolio book. I appreciate everyone’s actions. We are going to email all the winners with instructions on your winnings. Here…

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(Options Trade Analysis) Free Trade: 03/7/2013

I was getting bored today so i decided to go looking for a fun, weekly trade to make things interesting. This is the trade I put on in MCD.       Option Trades Analysis Why this trade? Well I own MCD stock and I have been waiting for the stock to increase along with…

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Where Do Option Traders Live?

Have you ever wondered where option traders live? As part of the Option Seller Lifestyle I have repeatedly mentioned that nowadays a trader can live and trade from basically anywhere on earth. And so we did a little research to see if option traders are actually “all over the earth”. What we found was very interesting.…

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