Market Summary For the week, the Dow rose .4%, the index has been up for two straight weeks, representing its largest two week climb, up 4.6%, since Nov. 18, 2016, according to WSJ Market Data Group. The S&P 500 also gained .6%, the two straight weeks of gains for the index, up 2.9% over that…
DetailsTrade Summary The February 15th https://www.theoptionplayer.com/ executed the Wells Fargo & Co. (NYSE: WFC) short-term (29-day) option trade. Bank stocks in general are now under pressure as the upward rate move is stagnating. Wells Fargo might get hurt badly because J P Morgan is specifically going after Wells Fargo & Co. Wells Fargo stock is…
DetailsMarket Summary Both the Dow and the S&P finished higher 6 days in a row. The Dow last had a rally of this length in November, while the S&P’s last six-day advance was in January. The Nasdaq snapped a five-day rally. For the week, the Dow rose 4.3% in its biggest one-week percentage rise since…
DetailsOn January 31st TheOptionPlayer.com executed the Apple, Inc. (NasdaqGS: AAPL) February 16th expiration (16-day) option strategy. February 16th expiration options expire today and we closed out this trade for an approx. 140% profit. Login in as a Premium Subscriber to view data/images As evidenced in the chart below, immediately after entering this trade stocks crashed…
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