Monthly Archives: March 2018
Bear Call Spread – Free Trade Idea
Every Friday we give you a free options trade idea identified by Option Party. Today, we’re focusing on the Bear Call Spread . OPPORTUNITY There is an attractive bear call spread trade in DIREXION DAILY GOLD MINERS BUL (NUGT). Currently it is trading for $25.31. CHARACTERISTICS There is a 93.1% chance the stock will close […]
Bull Call 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 call spread. OPPORTUNITY There is an attractive bull call spread trade in MICRON TECHNOLOGY (MU). Currently it is trading for $60.14. CHARACTERISTICS There is a 66.5% chance the stock will close above 57.00 on 03-23-2018, […]
Cash Secured Put – Free Trade Idea
Every Friday we give you a free options trade idea identified by Option Party. Today, we’re focusing on the Cash Secured Put. OPPORTUNITY There is an attractive Cash Secured Put – Free Trade Idea in 3D SYSTEMS (DDD). It is currently trading at $27.97. CHARACTERISTICS There is a 72.3% chance the stock will close above 10.50 […]
Why We Always Have to Use Limit Orders in Options Trading
A few weeks ago, we discussed how a stop-loss order works and why they’re so important. While a stop-loss is a key piece to risk management, some investors may not prefer to have a “hard” stop-loss. That is, a stop-loss order that is placed with a broker. Others prefer to monitor the position and, if […]
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 AK STEEL HOLDING (AKS). It is currently trading at $5.48. CHARACTERISTICS There is a 65.7% chance the stock will close above 5.00 on 03-23-2018, and […]
Adjusting 101: When to and Not to Adjust an Options Position
Over the last few weeks, we have been delving into the adjustment portion of trade management. Whether an options trade is working for or against you, there are times where it’s prudent to adjust the position. Put simply, the risk/reward dynamics shift and when that occurs, it may be best to counter by adjusting the […]