March 10, 2006  Buy to open the May 120 Philadelphia Gold & Silver Index (XAU) call option (XAV + ED) at the market.  Rarely will we ever recommend doubling up on a position. But the situation right now with gold and gold stocks is an exception. Read More

3/10/2006 Sell to close the second leg of the iShares Lehman 20+ Year Treasury Bond Fund June 88 put option (TLT + RJ) at the market price.  Read More

Buy to open the Advance Micro Devices (AMD) July 37.50 put option (AKD + SU). Set a limit price of $4.30.   Read More

March 6, 2006  Sell to close the FPL Group (FPL) June 40 call option (FPL + FH) at the market for a loss of approximately 60 percent.   Read More

February 21, 2006  Buy to open the May 145 Philadelphia Gold & Silver Index (XAU) call option (XAV + EI). Set a limit to pay no more than $9.40 per contract.   One of the most clearly defined trends in the markets today is the bull market in precious metals. We have little doubt that gold is ultimately headed for more than $1,000 an ounce. Read More

February 16, 2006  Buy to open the July 140 Oil Service HOLDRs call option (OIH + GH). Set a limit to pay no more than $12.20 per contract.   Read More

February 16, 2006  Sell to close your April 25 Eastman Kodak put option (EK + PE) at the market for a loss of approximately 60 percent.   Read More

February 15, 2006  Buy to open the April 32.50 Yahoo (YHOO) call option (YHQ + DZ). Set a limit to play no more than $2.50 per option.  Read More

February 14, 2006  Sell to close the March 140 Oil Service HOLDRs (OIH) put option (OIH + OH) at the market for a gain of approximately 20 percent.   Crude oil prices have extended their decline as we've anticipated, dropping below $61 a barrel amid expectations that U.S. inventories will continue to rise. Read More

February 8, 2006  Buy to open the March 140 Oil Service HOLDRs (OIH) put option (OIH + OH). Set a limit to pay no more than 6.50 per option.   Read More