SUPPLEMENTAL TRADE IDEAS.
The issues above are additional candidates to supplement your search for profitable
option trades. As with any investment, you must decide if the selections meet your
criteria for potential plays. Only you can know what strategies and positions are
suitable for your experience level, risk-reward tolerance and individual outlook.
There will be no commentary or analysis offered on these positions, nor will they
be included in the MCM Portfolio.
NOTE: Neither of the following have earnings reports scheduled
Do not chase the premium - if you do not get filled, just pass the trade.
decay of premium may be very quick if not filled before Friday, if you are lucky
PTR $ 81.00
BUY PTR-IR PTR SEPTEMBER 90 CALL DEBIT = $ 0.05
SELL PTR-IQ PTR SEPTEMBER 85 CALL CREDIT= $ 0.25
NET CREDIT = $ 0.20
INITIAL "NET- CREDIT TARGET= $ 0.20 or $ 20.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $ 0.20 = $ 200.00
MARGIN REQUIRE. (x 10 CONTRACTS $ 4,800.00
RETURN ON INVESTMENT= 4.17%
EXIT Strategy IF NET DEBIT = $ 0.60
SELL AHC-UD AHC September 125 PUT CREDIT = $0.40
BUY AHC-UE AHC September 120 PUT DEBIT = $0.15
NET CREDIT = $0.25
INITIAL "NET- CREDIT TARGET= $0.25 or $25.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.25 = $250.00
MARGIN REQUIRE. (x 10 CONTRACTS $4,750.00
RETURN ON INVESTMENT= 5.26%
EXIT Strategy IF NET DEBIT = $0.75
These may be tough fills, depending on how we open on Thursday . In addition trade will depend on how much decay if we gap up or down on either position on the opening