The average true range (ATR) of Varian Medical Systems dictates a roll and the LEN and SPY downside protection hedges are closed out, one only temporarily. Read More

Industrials for September and insurance for November plus two nasty debit rolls. Will close out LEN tomorrow as seasonality turns bullish after August. Will close out SPY put calendar hedge tomorrow and then re-open it next week as a new trade for record-keeping purposes. Read More

Coke (not Pepsi) is the real thing, but even real things sometimes need a real roll. I'm not rolling LEN but will just close it out on Friday at whatever price is available because seasonality is turning bullish. TDC and KORS will be rolled on Thursday (no rush since worthless). The SPY put calendar will be closed on Friday because the trade is getting too long and convoluted for record-keeping purposes, but I will open a similar put calendar soon as a replacement hedge. Read More

In uncertain times, it's best to play it safe with consumer-staple momentum stocks that have recently either beaten analyst estimates or at least demonstrated currency-neutral organic growth.Will wait a little longer before deciding on a roll of Coke. Read More

With the stock now ex-dividend, time value is gone and a roll is required. Read More