Options Trade

Trade of the Day: U.S. Steel (X)

This is the time to buy insurance: when volatility is low. Later, there will be no bargains to be had. And that is the rationale behind today's trade recommendation.

Trade of the Day: Micron Technology (MU)

My indicators have taken on a more negative tone -- which is why I recommend that traders lean toward puts as portfolio insurance.

Trade of the Day: Rite Aid (RAD)

We’ve identified a pattern called the "continuation diamond” on RAD's chart. However, it is not the continuation diamond that most caught our attention.

Trade of the Day: iShares Russell 2000 (IWM)

Wednesday's spike above 1,260 on the small-caps was encouraging, which is why today I am recommending call options on the IWM.

Trade of the Day: Pfizer (PFE)

PFE is bouncing off support -- and, as a perennial powerhouse, we expect the stock to move back up toward its recent highs.

Trade of the Day: United Parcel Service (UPS)

UPS is a stock I have followed for decades. Friday’s close above $102 was bullish, and a move above $104 could lead to a run at its 52-week high north of $114.

Trade of the Day: International Business Machines (IBM)

While I personally lean toward a bearish stance, I will let the market tell me what to trade. While sectors like retail look to be weakening, the technology sector continues to hold this market up.

Trade of the Day: Abercrombie & Fitch (ANF)

The clothing retailer has been steadily climbing higher and looks to be making a move back toward its February highs.

Trade of the Day: Wells Fargo (WFC)

The financial stocks are holding up well, and there are a few names I like in the sector. Let’s go with WFC because it tends to make larger price moves.

Trade of the Day: iShares Russell 2000 (IWM)

It's difficult to determine how to trade options successfully due to the fact that current prices reflect and discount both recent conditions and future expectations. That’s where the CounterPoint Options system comes in. Here is one of its current trades, a bullish play on the IWM.

Trade of the Day: Apache (APA)

I am generally returning to a bullish stance on oil and related stocks -- and today’s trade is firmly in that camp.

Trade of the Day: Energy Select Sector SPDR ETF (XLE)

The dollar was mostly lower on Monday, precious metals were the upside stars of the session and crude oil took a break by finishing flat.

Trade of the Day: AOL (AOL)

AOL has been in a downtrend for most of this year but recently found support in the $38 area. That makes it a strong candidate for one of my preferred option strategies.

Trade of the Day: Xilinx (XLNX)

The major stock indexes are continuing to give bullish readings, so options traders should continue to favor call buying.

Trade of the Day: Jabil Circuit (JBL)

JBL’s 10-year chart shows a possible run to $30, and with today's call option we will double our money on a move past $25–$25.25.

Trade of the Day: U.S. Steel (X)

The bears got a 2% win last week as Wall Street ran for the exits. There were bullish signs that showed some pressure might be relieved on Friday's rebound, and near-term support held. But there is one particular stock that I’m recommending for a bearish trade.

Trade of the Day: Macy’s (M)

Fed-generated momentum could continue to push stocks higher, but slowing growth could cause the market to make an about-face very quickly. Here's a trade for the bullish side of the equation.

Trade of the Day: Western Union (WU)

I like call options on WU to play continued strength in the shares and a possible run to the low $20s.

Trade of the Day: Kellogg (K)

With the rally in major stock indexes beginning to look stretched, today’s recommendation is for a put option on Kellogg.