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Exxon Mobile (XOM) looks like a winner, but an ex-dividend date on Monday requires pre-emptive action to keep the good times rolling. We also have Take-Two Interactive Software (TTWO) expiring for a substantial five-day return of 25%. Have a great weekend! Read More

Last week, the Federal Reserve made it clear that they are remaining extremely hawkish, which likely put an end to the markets' hope of finishing the year strong. This week we are going with a short-term earnings iron condor on Take-Two Interactive Software (TTWO), and a bull call spread on Murphy USA (MUSA). Read More

Wow, what a month the market is having. The Dow is up 14.3% for the month and is on pace for its best month since January 1976. The Nasdaq 100 is up 5.3% for the month, and the S&P 500 is up 8.8%. Now it will be up to the Fed to meet the market's assumptions of slowing raising interest rates. This week we are going with a short-term earnings iron condor on Stryker (SYK) and a bull call spread on LPL Financial Holdings (LPLA). Read More

We'd be willing to bet 2022 will set a new record, albeit a record we don't want to celebrate. So far this year, the S&P 500 (SPX) has had 15 1%+ down days. Returning to 1952, this has only happened twice, both in 1974 and 2008. The difference is we still have 11 weeks of trading left this year. Furthermore, Fridays have seen an average decline of 0.29% this year and have been the worst day of the week for the S&P 500, so it was nice to see a 2.6% gain on Friday. Maybe this is a sign that we will finish the year strong. This week we are going with a short-term earnings iron condor on Thermo Fisher Scientific (TMO), and a bull call spread on Valero Energy (VLO). Read More