Trade Summary The September 28th www.theoptionplayer.com executed an Incyte, Corp. (NasdaqGM: INCY) short-term (22-day) trade. October 20th expiration option contracts expire in a few days. The chart below shows Incyte, Corp. stock did not follow through on bullish technical signals and we executed an order to close out this trade to minimize the loss. Trade…
DetailsTheOptionPlayer.com executed Biotechnology Index ETF (NasdaqGM: IBB) November 17th expiration (31-day) option strategy. Confirmation information is displayed directly below. Login in as a Premium Subscriber to view data/images The difference between funds received and paid out is an approx. 10% return if the Biotechnology Index ETF closes below the target price at November expiration. The…
DetailsTheOptionPlayer.com sets up a Biotechnology Index ETF (NasdaqGM: IBB) short-term (31-day) option trade (based on Tuesday’s closing quoted bid/ask prices) Investors could simultaneously: The difference between funds received and paid out is a $.50 per share credit which we keep if the Biotechnology Index ETF closes below $355 on Friday November 17th, but immediately execute…
DetailsMarket Summary As earnings season got underway this past week, banks reported stellar numbers. Weekly gains were relatively modest as prices need to stabilize from being extremely overbought. For the week, the S&P 500 Index edged up .2% while the Blue Chip-heavy Dow Jones Industrial Average rose.4%. The Nasdaq logged an .2% advance to all-time…
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