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APRIL RECOMMENDATIONS

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We are starting the APRIL Recommendations with the following call credit spreads

We are recommending call credit spreads in the following issues:

TOL - Toll Brothers, Inc. engages in the development, construction, financing, and sale of residential homes in the United States. It builds single-family detached and attached home communities, and master planned communities. The company's operations include development, architectural, engineering, mortgage, title, security monitoring, cable television, broadband Internet access, landscaping, lumber distribution, house component assembly, and manufacturing operations, as well as operate golf courses and country clubs.

EBAY - eBay, Inc., together with its subsidiaries, provides online marketplaces for the sale of goods and services, online payment services, and online communication offerings to a diverse community of individuals and businesses in the United States and internationally. The company operates in three segments: eBay Marketplace, Payments, and Communications.

NFLX - Netflix, Inc. operates as an online movie rental subscription service provider in the United States. It provides its subscribers access to a library of movie, television, and other filmed entertainment titles. The company also offers its subscribers with decision support information on each title in its library.


We are recommending the specific call credit spreads below:

TOL $31.39

BUY TOL-DH TOL APR $40.00 CALL DEBIT = $0.10
SELL TOL-DG TOL APR $35.00 CALL CREDIT= $0.45
NET CREDIT = $0.35
INITIAL "NET- CREDIT TARGET= $0.35 or $35.00
POTENTIAL PROFIT (x 10 CONTRACTS @ $0.35 = $350.00

MARGIN REQUIRE. (x 10 CONTRACTS $4,650.00
RETURN ON INVESTMENT= 7.53%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $33.20

MAXIMUM EXPOSURE is: $5.00 Which is the difference between the strike prices

TOL-DG STOP LIMIT EXIT >> = $1.80
If and when the STOP LIMIT IS EXECUTED - A contingency order should be in place to than SELL the LONG SIDE
of the Spread and close the position with a Market Order if and when the SHORT side needs to be STOPPED OUT


EBAY $37.85

BUY XBA-DI EBAY APR $45.00 CALL DEBIT = $0.30
SELL XBA-DV EBAY APR $42.50 CALL CREDIT= $0.50
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 $2,300.00
RETURN ON INVESTMENT= 8.70%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $40.18
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES
MAXIMUM EXPOSURE is: $2.50 Which is the difference between the strike prices
THIS WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON
THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS ON TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED

NFLX $25.55

BUY QNQ-DT NFLX APR $32.50 CALL DEBIT = $0.25
SELL QNQ-DF NFLX APR $30.00 CALL CREDIT= $0.50
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 $2,250.00
RETURN ON INVESTMENT= 11.11%

EXIT STRATEGY = 1. WATCH LIST 2. MAXIMUM LOSS SPREAD PRICE DIFFERENCE $2.50
1. STOCK WILL BE PLACED ON WATCH LIST IF STOCK PRICE RISES TO: $27.78
2. ON SPREADS WITH 2.50 or less difference in STRIKE PRICES
MAXIMUM EXPOSURE is: $2.50 Which is the difference between the strike prices
THIS WILL BE OUR MAXIMUM EXPOSURE - WE WILL NOT USE STOPS ON
THOSE POSITIONS. THEY WILL GO ON THE WATCH LIST AND BE FOLLOWED WITH INSTRUCTIONS
AS TO HOW TO PROCEED OR/WHAT EXIT POINT NEEDS TO BE ESTABLISHED


When these positions are filled we they will be our first APRIL RECOMMENDED positions.

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