Category Archives: Options Trading

ARLP (NASDAQ) Analysis dated 16 Apr 16

ARLP Chart from ChartNexus
ARLP Chart from ChartNexus
FA Data from Morningstar.com
FA Data from Morningstar.com
ARLP (NASDAQ) May 16 12.5 Put Sold
ARLP (NASDAQ) May 16 12.5 Put Sold

Comments: ARLP is near it’s 5 year low area, where price has becomes ranging after high volume activity. Downtrendline has broken. Potentially,  reversal may happen. It has bounce off demand area. ARLP May 16 12.5 offer relatively good premium. Opined that price may move up when reaching 3rd Friday of May 16. Need to watch 1st week of May for dividend payment for ARLP. Sold ARLP May 16 12.5 put for USD79. Potential ROI = 15.8% from 15 Apr to 20 May 16.