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Author: Marco Hickey

Hedging with Butterfly Put Spreads

In times of a declining market and rising volatility, it can be hard to dish out the higher costs of put option premiums. One way to do this more cost effectively is to purchase something called a butterfly put spread. The good...

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Google Strategy Update

Hey guys, hope all is well. I wanted to update you all on that Google option strategy I did last week. I took my money off the table Friday with a nice profit. I still have some call spreads open which are now free and I have...

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How I’m Playing the Risk Trade

Three stocks which did very well for my portfolio this past week were: Qualcomm (QCOM), American Express (AXP), and Trina Solar (TSL). I will continue to hold the majority of my long positions (as this entire market moves as a...

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Risk Trade Coming Back

That inverted hammer pattern on copper futures worked like a charm. However we must break through the $3.10 resistance level with two consecutive closes above it. If it does I’m watching material stock names including...

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