Recent content by traderlux

Fri buy XLU shares, for next Fri expiry sell CALL strike between 0.25-0.50 OTM. If XLU finishes BELOW the strike price of the option, You keep the option premium brought in from selling the covered call and you keep your shares. Right before the close, buy back your call options at next to...

SPY preview Wk of 12/18/23, 4th wk expiry for December, 2023, Fri 12/22. Options pricing +/-$5.00 move, +/-1.10%, last fri close 469.33, possible range of 464.5 to 474.5 for this week. Option volume, open interest for puts, calls, indicate 465 to 476 range could hold. Dec Spy month open...

SPY preview Wk of 12/11/23, 3rd wk and monthly expiry for December, 2023, Fri 12/15. FOMC meeting Tue, Wed, rate info release on Wed, 12/12. Options pricing +/-$6.75 move, +/-1.50%, last fri close 460.20, possible range of 453.5 to 467 for this week. Option volume, open interest for puts...

SPY preview Wk of 12/04/23, 2nd wk expiry for December, 2023, Fri 12/08. Options pricing +/-$5.50 move, +/-1.20%, last fri close 459.10, possible range of 453.5 to 464.5 for this week. Option volume, open interest for puts, calls, indicate 440 to 460 range could hold. Nov Spy month open...

SPY preview Wk of 11/27/23, 1st wk expiry for December, 2023, Fri 12/01. Options pricing +/-$4.20 move, +/-1.00%, last fri close 455.30, possible range of 451 to 460 for this week. Option volume, open interest for puts, calls, indicate 445 to 460 range could hold. Nov Spy month open 419.20...

SPY preview Wk of 11/20/23, 4th wk and last expiry for November, 2023, Fri 11/24. Market closed Thu 11/23 for Thanksgiving Day Holiday, open 1/2 day Fri. Options pricing +/-$4.60 move, +/-1.00%, last fri close 450.79, possible range of 446 to 456 for this week. Option volume, open interest for...

SPY preview Wk of 11/13/23, 3rd wk and monthly expiry for November, 2023, Fri 11/17. Options pricing +/-$6.00 move, +/-1.35%, last fri close 440.61, possible range of 435 to 447 for this week. Option volume, open interest for puts, calls, indicate 425/435 to 440/450 range could hold. Nov Spy...

SPY preview Wk of 11/06/23, 2nd wk expiry for November, 2023, Fri 11/10. Options pricing +/-$6.50 move, +/-1.50%, last fri close 434.69, possible range of 428 to 441 for this week. Option volume, open interest for puts, calls, indicate 420/435 to 440 range could hold. Nov Spy month open...

SPY preview Wk of 10/30/23, 1st wk expiry for November, 2023, Fri 11/3. Options pricing +/-$9.60 move, +/-2.40%, last fri close 410.68, possible range of 401 to 420 for this week. Option volume, open interest for puts, calls, indicate 400 to 425/430 range could hold. October Spy month open...

SPY preview Wk of 10/23/23, 4th wk expiry for October, 2023, Fri 10/27. Options pricing +/-$9.00 move, +/-2.20%, last fri close 421.19, possible range of 412.5 to 430 for this week. Option volume, open interest for puts, calls, indicate 415/420 to 430 range could hold. October Spy month open...

SPY preview Wk of 10/16/23, 3rd wk expiry for October, 2023, Fri 10/20. Options pricing +/-$7.75 move, +/-1.80%, last fri close 431.50, possible range of 424 to 439 for this week. Option volume, open interest for puts, calls, indicate 410/430 to 440 range could hold. October Spy month open...

SPY preview Wk of 10/09/23, 2nd wk expiry for October, 2023, Fri 10/13. Options pricing +/-$7.50 move, +/-1.75%, last fri close 429.54, possible range of 422 to 437 for this week. Option volume, open interest for puts, calls, indicate 415, 420/425 to 435 range could hold. October Spy month...

SPY preview Wk of 10/02/23, 1st wk expiry for October, 2023, Fri 10/06. NFP data out on Friday 10/06. Options pricing +/-$7.60 move, +/-1.80%, last fri close 427.48, possible range of 420 to 435 for this week. Option volume, open interest for puts, calls, indicate 420/425 to 430/436 range could...

SPY preview Wk of 9/25/23, 5th and last wk expiry for September, 2023, Fri 9/29. Options pricing +/-$7.50 move, +/-1.75%, last fri close 430.42, possible range of 423 to 438 for this week. Option volume, open interest for puts, calls, indicate 420/430 to 450 range could hold. September Spy...

SPY preview Wk of 9/18/23, 4th wk, expiry for September, 2023, Fri 9/22. FOMC rate info Wed, 9/13. Options pricing +/-$5.46 move, +/-1.25%, last fri close 443.37, possible range of 438 to 449 for this week. Option volume, open interest for puts, calls, indicate 430/440 to 446/450 range could...