Sell to close Barrick Gold (ABX) July 50 call option at the market. Buy to open the Market Vectors Gold Miners ETF (GDX) September 57 call option, using a limit order to pay no more than $3.55 per contract. Read More
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Analyst Articles
Sell to close Hartford Financial Services (HIG) September 27 put option at the market. Also sell to close the Advanced Micro Devices (AMD) October 8 put option at the market. Read More
100 top low- or no-load funds, ranked by three-year return. Read More
News and views from around the mutual fund world. Read More
It seems like U.S. stocks are recovering and could close the month of May on a less negative note. This may be due partly to recent reports that the EU will provide a new aid package to Greece by the end of June. Read More
Last week, we closed out the Life Technologies (LIFE) August 55 put option for a 24 percent gain in 10 days. We might revisit the trade on a rally in the stock, but for now this trade is closed. Last week, we also added the Avon Products (AVP) October 29 put option using a limit order set at $2.20. Since Avon's stock fell below its 200-day moving average last week, we expect it to probe its 50-day moving average around $28.50. On the short side of the market, we also have the Hartford Insurance (HIG) September 27 put option, the International Gaming Technologies (IGT) October 18 put option and the Advanced Micro Devices (AMD) October 8 put option. These three and the Avon Products put should allow us to capitalize on a market weakness; all can still be purchased at their current levels. On the long side of the market, among others, we have the Mosaic (MOS) September 80 call option. While the stock is performing better after its secondary offering, we reiterate our hold recommendation because the option is far out of the money. We also rate the Barrick Gold (ABX) July 50 call option as a hold because of its out-of-the-money status. Read More
Sell to close the Life Technologies (LIFE) August 55 put option at the market. Read More
Buy to open the Avon Products October 29 put option using a limit order set at $2.20. Read More
The Russian energy bull and the fall of nuclear power... Read More
Updates on past recommendations and how they've fared... Read More