By Don Fanstone, Kitchener/Waterloo User Group

Option Blog May 10, 2015:

US May 8 MTI

In an Up/Up Market, with the MTI above a value of 1.00:

Buy:

Apple:                  APPL:         Above $134.54,   October 120 Call Options.

Skyworks:           SWKS:       Above $102.87,   November 90 Call Options.

Avago:                  AVGO:       Above $136.38,   October 115 Call Options

Great West Life:   GWO          Buy                      October 34 Call Options

Magna                   MG             Buy                      November 58 Call Options

Sells for the Week of April 27:

None

Buys for the Week of April 27:

10 Great West Life:        GWO          October 34 Call Options @ $3.90

Great West Life is the No. 1 rated stock in all of the Insurance and Banking Stocks.

5 Magna                         MG             November 58 Call Options @ $10.65

Magna is the No. 2 rated stock and a steady performer in the automotive market.

SWKS May 2015

The VectorVest Basic Options course is available online. You can start anytime.

The VectorVest Intermediate Options course is being offered May 28th in Mississauga, and online beginning May 19.

I encourage all to read Lee Lowell’s book “Get Rich with Options”.

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.