Calls, Puts & Options Trades
Apple (AAPL) is looking to mow down resistance around the $500 mark, which would help this debit spread profit.
If you think the selling frenzy in Cree stock is a bit overdone, selling an out-of-the-money bull put spread is a trade worth consideration.
With a weak ag environment already priced in, any optimism from Deere's earnings report could be met with a swift rally.
Ryder is dancing along its trendline, which should send the stock back higher eventually. Go long R calls to capitalize.
Traders can use options to take advantage of a potential post-earnings rally out of Priceline, as well as high near-the-money premiums.
Whirlpool (WHR) is sitting above a number of technical support lines that should help this credit spread trade pan out.
Apple stock is facing several technical hurdles including a big point of overhead resistance. Consider getting protective via Apple options.
Philip Morris has suffered a painful few months and currently is fighting overhead resistance -- a nice setup for this options spread trade.
The decline in the yen has relented, and the yen more recently has struck a neutral-to-mildly bullish posture. Spreads on FXY look appealing.
Be ready with this trade on gold-mining fund GDX in case Bernanke lights a fire under gold this afternoon.