Trading Deep In The Money Calls On Altria

By John R. Conway:The deep in the money call option strategy was the first option strategy that I used, when I got into options trading several years ago. I first ran into this strategy by watching an episode of CNBC's Mad Money hosted by Jim Cramer. While I'm not the biggest fan of Mad Money, I found this strategy interesting and a good beginning strategy to use.

By John R. Conway:On January 31, 2012, I wrote an article on the deep in the money option strategy. While anybody can use this strategy, my target audience was the beginner trader who wanted an alternative to buying stock using options. Please refer back to my first article to view advantages, disadvantages and other relevant information to this strategy.

Andrew Wilkinson submits: MGM Resorts International (MGM) – The biggest casino operator on the Las Vegas Strip attracted a number of options traders today after the firm posted a third-quarter loss of $0.72 a share ahead of the opening bell this morning, which was consistent with MGM’s preliminary earnings report released last month.

By John R. Conway:Since the beginning of the year shares of Home Depot (HD) have increased $9.75 and have been a consistent performer to the upside. Home Depot is currently at levels not seen since 2002, and with these recent highs and an upcoming earnings report investors may ponder how to trade Home Depot.

Bob Rubin submits: Option strategy can slash your investment risk by 50% or more. You’ll learn how in this article on the Stock Replacement Strategy, and get three suggestions for immediate action. Most people think options are for speculators. They couldn’t be more wrong. Options were created to cut risk. That’s what the pros call “hedging.” Smart option strategy lets you keep all the profit potential of buying stock with much of the risk removed. Interested?

Andrew Wilkinson submits: TJX Companies, Inc. (TJX) – Near-term bullish options traders are betting on a rebound in shares of the operator of the largest off-price retail chains, T.J. Maxx and Marshalls, by picking up call options in the January contract this afternoon.

By John R. Conway:The deep in the money call strategy is one of the many strategies that I have been using since I started trading options and it's also one of the easiest to use when trading options. Whether you are new to options or experienced options trader this strategy provides a cheaper way to play stocks that offer options rather than buying shares.

Andrew Wilkinson submits: Cisco Systems, Inc. (CSCO) – Frenzied options trading ensued on Cisco Systems right out of the gate this morning as shares of the world’s largest maker of computer networking equipment plunged as much as 17.3% to hit an intraday low of $20.25 after profit and sales forecasts from the firm failed to meet analysts’ expectations.