John Kmiecik is the head options instructor for Market Taker Mentoring, and co-author of the eBook 3 Secrets to Making Money in Any Market. Get your complimentary copy of his option trading eBook.
When traders think of utility stocks, they usually think of slow-moving performers. But slow climbers like DUK can make for excellent covered call candidates.
TJX has been making a slow climb higher for about six months -- except for a bumpy May, of course. However, Friday's slide has provided a cheap opening.
Wal-Mart has enjoyed a fantastic run of late -- a little too fantastic. Bears thinking it might be time for a WMT breather should consider this options play.
A covered call strategy on NetEase has good potential. It allows the stock to move higher and still lets the trade to take advantage of selling premium.
Even in this bearish market, AMT could be set up for a bullish play. It has been bouncing between $64 and $68. It's now back to near $64, so $68 could be next.