Just a small CORRECTION, The trades below should have stated MAR not FEB, However ALL THREE OF THE TRADES BELOW ARE MAR TRADES and THE SYMBOLS ARE CORRECT. Sometimes my program picks up the current month NAME as the month for the next cycle, however the SYMBOLS ARE ALWAYS CORRECT. ALWAYS GO BY THE SYMBOLS which my program double checks. The only change in this blog is substitition of the Word MAR for FEB ( which is noted in RED below), everything thing else is CORRECT regarding the spread including spread strikes and symbols.
SBUX - Starbucks Corporation purchases and roasts high quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, a variety of pastries and confections, coffee-related accessories and equipment, and a line of premium teas, primarily through its company-operated retail stores. In addition to sales through its company-operated retail stores, Starbucks sells coffee and tea products through other channels of distribution
GM - General Motors Corp. designs, manufactures, and markets automotive vehicles. General Motors also has substantial interests in digital communications, financial and insurance services, locomotives, and heavy-duty automatic transmissions. The company is one of the largest U.S. exporters of cars and trucks with a global presence in countries across the globe.
PLD - ProLogis is a real estate investment trust that operates a global network of industrial distribution facilities. ProLogis is one of the largest publicly held U.S.-based, global owner and lessor of industrial distribution and temperature-controlled distribution facilities
We are recommending the following specific credit spreads
Put credit spread:
Orders to purchase or sell securities through your account with optionsXpress, Inc., an independent registered broker-dealer ("optionsXpress"), shall be accepted and executed solely by optionsXpress, subject to the terms and conditions of your individual account agreement with optionsXpress. optionsXpress makes no investment recommendations and does not provide financial, tax or legal advice. All inquiries regarding your optionsXpress account, including any disputes or trading errors, should be directed to optionsXpress. Option Investor, Inc is not a registered broker-dealer and is not in the business of transacting trades. Furthermore, Option Investor, Inc is not a registered investment adviser, does not provide financial, tax or legal advice, and is not recommending that you buy or sell any particular security. optionsXpress has made its services available to you via Option Investor, Inc as a courtesy. optionsXpress and Option Investor, Inc are separate and unrelated entities. optionsXpress is not affiliated with and does not endorse or warrant the products or services of Option Investor, Inc.