CoverIsBetter

10 Bullish Option Spread Strategies

Agree with naysayers here..
There is a reason these Bull Spreads are so cheap to get into, low chance these stocks move up that high that fast in the dog days of summer.
I have tried your strategy so many times only to see the stock trade sideways or down. As a matter of fact, I am holding your Bull Call Spread idea for USO from MAY 12 (seekingalpha.com/artic...)
and losing money on it.

Just saying.. this is a high risk strategy. My covered calls in WFC, BAC, and F are bringing me better sleep at night.

American Express Buying Out Cardholders: Bad for the Economy?

It's total reverse psychology. Tell the customer, you are so sure they can't pay, that you will pay them to leave. The customer sees it as a challenge and stays and pays?

This is totally insane. At a minimum, the customer must feel insulted to be let go with such compassion. At a maximum, this is some kind of martyrdom for Amex to plea for government help. It was said GM should pay its workers to not produce and it would be cheaper than trying to turn a profit. Maybe AXP is following that model.

Options Trader: Monday Outlook

GE Trade not working out well yet, with the stock dropping 2 points since this December call recommendation.

Tried to follow the USO recommendation and screwed it up. Now I just have a vertical spread instead of this calendar/bearish-verti... thing you have described here. What is the movement in USO that would make that trade work? Down-lateral near term, upward long term?