OTW Sell Alerts
Sell Alert: December 10, 2014
Sell Alert: December 10, 2014 Trade Details Sell Travelzoo (TZOO) December 12.50 Calls for $0.80 or better Why? It’s taken a while, but TZOO finally broke through the 50-day moving average and is trading above $13. There’s not really much in the ways of news out on TZOO, so these gains have the […]
Sell Alert: November 19, 2014
Sell Alert: November 19, 2014 Trade Details Sell Splunk (SPLK) November 22nd 59 Puts for $1.50 or better Why? The SPLK trade has come down to the wire, with expiration just two days away. This trade is a good example of why you can’t give up on options on volatile stocks. Yes, you […]
Sell Alert: October 28, 2014
Sell Alert: October 28, 2014 Trade Details Sell Yahoo (YHOO) November 22nd 42 Calls for $4.25 or better Why? Well, it wasn’t a completely smooth ride. YHOO took a brief detour down to $38 before earnings. However, blow out earnings results sent the shares soaring. And now, we can sell the shares well […]
Sell Alert: October 10, 2014
Sell Alert: October 10, 2014 Trade Details Sell DuPont (DD) November 22nd 67.50 Puts for $2.25 or better Why? After opening down sharply, the major indices have flattened out. It looks like we may have hit a short-term bottom heading into the weekend. Meanwhile, DD is down just a bit more than it […]
Sell Alert: September 16, 2014
Sell Alert: September 16, 2014 Trade Details Sell Altera (ALTR) September 34 Calls for $1.70 or better Why? ALTR finally bounced higher today, giving us the opportunity to take profits on our calls. Currently, the bid/ask spread on the 34 calls is quite wide… too wide. I want you to put your sell […]
Sell Alert: September 11, 2014
Sell Alert: September 11, 2014 Trade Details Sell Splunk (SPLK) October 18th 60 Calls for $3.70 or better Why? SPLK has climbed above $60 and is sitting right below the 200-day moving average. The long-term moving average is serving as a strong resistance level at the moment. Meanwhile, our calls are 131% winners. […]
Sell Alert: August 12, 2014
Sell Alert: August 12, 2014 Trade Details Sell GT Advanced Technologies (GTAT) September 20th 14 Calls for $2.70 or better Why? Well, we have plenty of time left on these GTAT calls, but with the stock exploding higher, the trade is a 100% winner! After all, it’s never a bad idea to lock […]
Sell Alert: July 17, 2014
Sell Alert: July 17, 2014 Trade Details Sell First Majestic Silver (AG) July $10 Calls for $0.40 or better Why? AG recovered after a sharp selloff to start the week. The share price hasn’t gotten back to where I wanted to sell, but with expiration tomorrow, we need to conserve our remaining capital. […]
Sell Alert: July 15, 2014
Sell Alert: July 15, 2014 Trade Details Sell Target (TGT) July $60 Calls for $0.60 or better Why? It’s a big day for TGT stock, which is trading up above its 200-day moving average despite most of the market selling off. Unfortunately, we only have 3 days until expiration, so we’re going to […]
Sell Alert: July 7, 2014
Sell Alert: July 7, 2014 Trade Details Sell THL Credit (TCRD) July $12.50 Calls for $1.35 or better Why? TCRD has pulled back a bit after failing to break through strong resistance. We don’t want to take a chance that the stock will drop all the way to the 50-day moving average. As […]
Sell Alert: June 12, 2014
Sell Alert: June 12, 2014 Trade Details Sell Goldman Sachs (GS) June $165 Calls for $2.15 or better Why? GS finally broke through the 200-day moving average as we expected. With our calls well in the black and expiration quickly approaching, let’s sell them out now and take our profits. Sell your GS […]
Sell Alert: May 13, 2014
Sell Alert: May 13, 2014 Trade Details Sell Freeport-McMoRan (FCX) May $33 Calls for $2.25 or better Why? FCX once again pays off for us. This time, the stock rallied just in time to sell out our May calls before expiration this Friday. At the current price, we’ll be locking in 87.5% profits. […]
Sell Alert: May 7, 2014
Sell Alert: May 7, 2014 Trade Details Sell Abercrombie & Fitch (ANF) May $38 Puts for $2.25 or better Why? ANF has been one of the more volatile positions we’ve had lately. After two days of big drops, it’s finally time to close this position for a gain. Given how choppy this stock […]
Sell Alert: April 17, 2014
Sell Alert: April 17, 2014 Trade Details Sell Verizon (VZ) April $47 Calls for $0.45 or better (or any price above zero) Why? VZ dropped about a buck on the day I wanted to sell (due to overall market action) and it put us in a tough position. Because of the short week […]
Sell Alert: April 11, 2014
Sell Alert: April 11, 2014 Trade Details Sell Green Mountain Coffee Roasters (GMCR) April $90 Puts for $0.20 or better Why? GMCR is doing what I expected – and what we wanted. However, we’re running out of time. We needed this selloff to occur about a week ago. While the shares have broken […]
Sell Alert: February 21, 2014
Sell Alert: February 21, 2014 Trade Details Sell American Eagle Outfitters (AEO) February $14 Calls for any price above zero Why? As I expected, we’re going to have sell AEO in order to avoid the possibility of having to exercise the options. Of course, if you don’t mind getting long the stock, feel […]
Sell Alert: February 14, 2014
Sell Alert: February 14, 2014 Trade Details Sell General Cable (BGC) February $30 Calls for $1.10 or better Why? I was planning on holding BGC for a bit longer, but we got another big move today. The stock has broken through the 200-day moving average, but it hasn’t closed above that level. Rather […]
Sell Alert: February 14, 2014
Sell Alert: February 14, 2014 Trade Details Sell Freeport-McMoRan (FCX) March $32 Calls for $2.10 or better Why? There was a reason why I chose FCX as the first trade we made after the big selloff in stocks. It was simply too good of an opportunity to pass up. Just 10 days later, […]
Sell Alert: January 7, 2014
Sell Alert: January 7, 2014 Trade Details Sell Cree (CREE) January $60 Calls for $4.80 or better Why? We held on to our CREE in anticipation of a higher move before expiration – and it sure did pay off. The shares broke out to the upside and are closing in on $65. Better […]
Sell Alert: December 18, 2013
Sell Alert: December 18, 2013 Trade Details Sell Dominion Resources (D) December $65 Puts for $1.55 or better Why? It’s come down to the wire, but it looks like D is finally going to test that $63 level again. Unfortunately, the options expire tomorrow so we can’t wait any longer to see if […]
Sell Alert: November 15, 2013
Sell Alert: November 15, 2013 Trade Details Sell Symantec (SYMC) December $22 Calls for $1.60 or better Why? SYMC is approaching the strong resistance of the 200-day moving average, so now’s the time to sell. And, why not? We’re up 128.6% on the trade! And, we’ve achieved these returns in just over two […]
Sell Alert: November 14, 2013
Sell Alert: November 14, 2013 Trade Details Sell ZAGG (ZAGG) November $4 Calls for $0.20 or better Why? ZAGG hasn’t recovered from its poor guidance, but the share price has come a long way off the bottom. So, we’re going to take this opportunity to sell our calls and conserve a portion of […]
Sell Alert: November 11, 2013
Sell Alert: November 11, 2013 Trade Details Sell Merck (MRK) December $45 Calls for $2.10 or better Why? In less than a week, our MRK calls are 94.4% winners! The stock has now reached an important resistance level, the 50-day moving average. Rather than wait to see if the shares can break through, […]
Sell Alert: October 30, 2013
Sell Alert: October 30, 2013 Trade Details Sell Barrick Gold (ABX) November $19 Calls for $1.46 or better Why? ABX is rapidly approaching the 200-day moving average, which could provide strong resistance – and keep a lid on the stock price. Moreover, gold’s been on a nice run lately, but I don’t see […]
Sell Alert: October 8, 2013
Sell Alert: October 8, 2013 Trade Details Sell Outerwall (OUTR) October $65 Calls for $0.90 or better Why? When OUTR dropped substantially in September, it surprised a lot of people, including me. At the time, I thought the selloff was overly harsh. However, I certainly did not expect the stock to rebound before […]
Sell Alert: October 8, 2013
Sell Alert: October 8, 2013 Trade Details Sell Zillow (Z) October $75 Puts for $2.50 or better Why? Z finally broke below the 50-day moving average support line. Concerns over the debt ceiling/government shutdown gave investors a reason to sell out of the overpriced shares. Although I think the stock has further to […]
Sell Alert: September 20, 2013
Sell Alert: September 20, 2013 Trade Details Sell Broadcom (BRCM) September $38 Calls for any price above zero Why? Looks like we may get a chance to salvage something from our BRCM trade after all. The stock jumped this morning and our calls are now in the money. Okay, this is important. Unless […]
Sell Alert: September 9, 2013
Sell Alert: September 9, 2013 Trade Details Sell Potash (POT) September $32 Calls for $0.40 or better Why? POT is up today on rumors of a stake sale in Uralkali, the Russian potash giant. The thinking is if the ownership changes, perhaps Uralkali won’t flood the market with potash after all. It’s pure […]
Sell Alert: August 22, 2013
Sell Alert: August 22, 2013 Trade Details Sell Freeport-McMoRan (FCX) September $29 Calls for $2.52 or better Why? FCX gave us a little bit of a scare with the drop yesterday. Fortunately, it’s right back up above the 200-day moving average as of this writing. The stock seems to be running into heavy […]
Sell Alert: August 2, 2013
Sell Alert: August 2, 2013 Trade Details Sell Qualcomm (QCOM) August $65 Calls for $1.75 or better Why? Well there you have it! In the update yesterday, I wrote that I planned on waiting one more day to see how QCOM would react to the jobs news. And, it’s a great thing we […]
Sell Alert: June 26, 2013
Sell Alert: June 26, 2013 Trade Details Sell Pandora Media (P) July $16 Calls for $1.80 or better Why? Despite the pullback in the broad market, shares in Pandora have spiked higher. With the sharp move upward, our calls are now big winners. P got a nice boost from a major piece of […]
Sell Alert: June 7, 2013
Sell Alert: June 7, 2013 Trade Details Sell Fusion-io (FIO) June $14 Calls for $0.55 or better Why? While our FIO calls are technically in the money, they still have a ways to go before we’d be able to turn a profit. I do think the stock will climb to the 50-day moving average […]
Sell Alert: May 30, 2013
Sell Alert: May 30, 2013 Trade Details Sell Aruba Networks (ARUN) July $13 Calls for $2.40 or better Why? Our thesis for buying ARUN calls was very straightforward. The stock dropped due to increased competition from Cisco Systems (CSCO) but quickly became oversold. As such, it was an excellent rebound candidate. Roughly two weeks […]
Sell Alert: May 3, 2013
Sell Alert: May 3, 2013 Trade Details Sell Weatherford International (WFT) June 2013 $12 Calls for $1.85 or better Why? That’s what we were looking for! Although there were no major surprises in WFT earnings, the company’s showing solid revenue growth and consistent earnings. And don’t forget, Weatherford still has very strong operating cash […]
Sell Alert: April 29, 2013
Sell Alert: April 29, 2013 Trade Details Sell Deere & Company (DE) May 2013 $87.50 Calls for $2.75 or better Why? What a huge day for DE! The stock’s up over 4% as of this writing. At these levels, our calls are 100% winners! A reversal in grain prices today is helping push the […]
Sell Alert: April 15, 2013
Sell Alert: April 15, 2013 Trade Details Sell OpenTable (OPEN) May $57.50 Puts for $4.00 or better Why? Looks like having a put in the portfolio was the right decision. OPEN has essentially gone straight down since we bought puts on it, for both technical and fundamental reasons. With today’s negative news out […]
Sell Alert: April 12, 2013
Sell Alert: April 12, 2013 Trade Details Sell Amazon.com (AMZN) April $280 Calls for $0.70 or better Why? It’s a tough call on what to do with the AMZN calls. On one hand, the stock is clearly headed in the right direction and is closing in on our strike price. On the other […]
Sell Alert: April 9, 2013
Sell Alert: April 9, 2013 Trade Details Sell Freeport-McMoRan (FCX) April 2013 $34 Calls for $0.45 or better Why? Well, FCX finally had the bounce we’ve been waiting for. The shares are rallying after positive earnings news from Alcoa (AA). Stronger than expected global demand for basic materials implies other materials stocks, like […]
Sell Alert: February 5, 2013
Sell Alert: February 5, 2013 Trade Details Sell Freeport-McMoRan (FCX) February $34 Calls for $1.77 or better Why? We’ve had the nice bounce back in FCX I was expecting. The strong earnings call meant that the share price wasn’t going to stay depressed for long. And, it helps that the overall market has […]
Sell Alert: January 24, 2013
Sell Alert: January 24, 2013 Trade Details Sell Amazon.com (AMZN) February 2013 $300 Calls for $2.60 or better Why? I debated about holding on to AMZN since we’ve had the trade on for less than a day. Plus earnings aren’t until next week. But, it’s hard to do better than 102% gains in […]
Sell Alert: January 3, 2013
Sell Alert: January 3, 2013 Trade Details Sell Cisco Systems (CSCO) January 2013 $20 Calls for $0.60 or better Why? As I suspected, CSCO was down on overall market concerns. There’s nothing stock specific that was causing the shares to drop. As such, it didn’t take long for the stock to rebound off […]
Sell Alert: December 5, 2012
Sell Alert: December 5, 2012 Trade Details Sell McMoRan (MMR) January 2013 $9 Calls for $6.30 or better Why? Now that’s what I call a homerun! We’ve had MMR just about a week and it’s currently a 585% winner. That’s about as incredible a one-week gain as I’ve seen. I thought MMR had […]
Sell Alert: November 21, 2012
Sell Alert: November 21, 2012 Trade Details Sell Starbucks (SBUX) December $50 Calls for $1.50 or better Why? What do you have to be thankful for this year? Well, for one, you have SBUX. Our calls have made roughly 50% in under a week. The stock price is nearing the 200-day moving average […]
Sell Alert: November 9, 2012
Sell Alert: November 9, 2012 Trade Details Sell Boeing (BA) December 2012 $72.50 Calls for $2.05 or better Why? Well, yesterday I said my exit target in BA was around $72 per share. And, that’s precisely where we are today. As much time as we have left on our calls, it’s tempting to […]
Sell Alert: November 2, 2012
Sell Alert: November 2, 2012 Trade Details Sell Caterpillar (CAT) November 2012 $87.50 Calls for $1.05 or better Why? Well, we got the better than expected jobs report we were looking for… and then profit taking ensued. It looks like investors are still a little gun shy after everything going on in the […]
Sell Alert: October 17, 2012
Sell Alert: October 17, 2012 Trade Details Sell our SkyWest (SKYW) November $10 Calls for $1.45 or better Why? We bought SKYW calls because I felt the stock was oversold after the company released not-so-bad news. The 6% drop certainly seemed overdone for an airline actually increasing passenger boardings in September. Turns out […]
Sell Alert: October 11, 2012
Sell Alert: October 11, 2012 Trade Details Sell our Sprint (S) November 2012 $5.50 Calls for $0.54 or better Why? We bought Sprint calls because I didn’t think it would take long for another merger or acquisition rumor to surface. Turns out that’s exactly what happened. Except the rumor is that Sprint is […]
Sell Alert: September 25, 2012
Sell Alert: September 25, 2012 Trade Details Sell our McDonald’s (MCD) October 2012 $95 Calls for $0.62 or better Why? We had a great run in McDonald’s stock since rolling out the trade. But now it looks like the stock is starting to pull back. I want to lock in these nice gains, […]
