Big Printin’ 6/29/15: $AAL, $SPY, $XLU


Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. AAL - about an hour before the close a trader paid $4.55 for 30,000 Jan 40 calls and sold … [Read more...]

New Trade $SPY: A Butterfly and a Spyder

I'm going to keep this simple. Long premium directional plays in large cap U.S. index etf have been a tough way to make money in this range-bound market. Timing has been crucial for owning options … [Read more...]

Trade Management on Expiration Pins


We got a great subscriber question on trade management the other day that I wanted to turn into an educational post for all to see. Here is the question. When holding a fly into expiration, with the … [Read more...]