Market Summary The Dow extending its streak of record-setting gains to 11 days, the longest such streak since 1987, as increases in utilities and other safety plays outweighed declines in financials. Both the S&P 500 and the Nasdaq rose for a fifth straight week, while the Dow brought its string of weekly gains to three.…
DetailsTheOptionPlayer.com sets up an S&P 500 Index (SPXW) short-term (8-day) option strategy. Investors could simultaneously: The difference between funds received and paid out is a $.60 per share credit which we keep if the S&P 500 Index closes below $2,390 on Friday March 3rd but immediately exit the position if it appears the price will…
DetailsTheOptionPlayer.com sets up a SPDR Gold Shares ETF (NYSE: GLD) short-term (29-day) option strategy (based on Thursday’s closing quoted bid/ask mean) Investors could simultaneously: The difference between funds received and paid out is a $.50 per share credit which we keep if the GLD ETF closes below $121 on Friday March 17th but immediately exit…
DetailsTheOptionPlayer.com sets up an Amazon.com, Inc. (AMZN) short-term (8-day) option strategy. Investors could simultaneously: The difference between funds received and paid out is a $.60 per share credit which we keep if Amazon.com, Inc. closes below $862.50 on Friday February 24th but immediately exit the position if it appears the price will end up higher.…
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