By Don Fanstone, Kitchener/Waterloo User Group Member

Put and Call graphicOption Blog April 19, 2015:

Use the Watchdog to Find Stocks Breaking Resistance:

The “Watch Dog” feature has value in looking for stocks breaking resistance or the MACD crossing above the signal line. The Watch Dog is a plug-in module. You can call VectorVest for a free two-week trial.

Creating a Watch Dog and using a watch-list of your favourite stocks helps to keep one aware of stocks on the move.

Viewing the graphs, looking for the DPO to be positive, and the stock price above the 30 DMA, along with other VV values provides potential candidates for Option or Stock Trades.

Sells for the Week of March 30th:


Buys since the Week of April 6th:

Seven (7) CGI Group (GIB.A) Aug. 46 Calls @ $11.40

Ten (10) DH Corp. (DH) Oct. 36 Calls @ $6.95

The Canadian Tire Aug 120 Call’s purchased the week previous @$15.90 are now bid $15.05, offered at $15.80.

I expect to hold CTC until the release of the earnings, about May 26th.

CGI, DH, and CTC.A are good long term option candidates.

I encourage all to read Lee Lowell’s book “Get Rich with Options”, go to VV University and watch the Video on Options, and read Dr. DiLiddo’s article in the Views Manager under Special Reports, and attend the VV Options Course.

Canadian Tire

Understand Options Before you begin to trade, there is much to learn.

DISCLAIMER: Options trading involves risk and is not suitable for everyone. The information contained in this Blog is for education and information purposes only. Example trades should not be considered as recommendations. Options training is strongly recommended before placing any trades. VectorVest offers a basic options course online and occasional intermediate options workshops in Canada each year.