free option strategy

Covered Call – Free Trade Idea

Every Friday we give you a free options trade idea identified by Option Party. Today, we’re focusing on the classic covered call. OPPORTUNITY There is an attractive covered call trade in Pandora (P). It is currently trading at $9.28. CHARACTERISTICS There is a 71.3% chance the stock will close above 8.00 on 06-16-2017, and you will earn […]

Flying Heavy With an Iron Butterfly

In our previous post, we talked about using iron condors. It’s a lot to breakdown, but here are the basics: sell 1 out-of-the-money bear call spread and sell 1 out-of-the-money bull put spread. We receive a net credit and hope the stock does not appreciate past our break-even prices. A long iron butterfly works in […]

free option strategy

Bull Put Spread – Free Trade Idea

Every Friday we give you a free options trade idea identified by Option Party. Today, we’re focusing on the bull put spread screener. OPPORTUNITY There is an attractive bull put spread trade in Alibaba (BABA). It is currently trading at $119.97. CHARACTERISTICS There is a 93.2% chance the stock will close above $106.00 on 05-26-2017, and you will […]

Long Iron Condor – Free Trade Idea

Every Friday we give you a free options trade idea identified by Option Party. Today, we’re focusing on the long iron condor screener. OPPORTUNITY There is an attractive long iron condor trade in Nvidia (NVDA). It ended yesterday’s trading at $103.85. CHARACTERISTICS There is a 89.4% chance the stock will close between 84.00 and 126.00 on 05-19-2017, and […]