Joe Tigay

Speaking on Bloomberg Markets, Joe Tigay of Equity Armor Investments recommended a buy-write strategy in Facebook Inc (NASDAQ: FB). The company is going to report earnings on May 3 and Tigay thinks that it would be a good idea to buy the stock and sell the May 19 expiration, 150 strike call for $3....

Joe Tigay of Equity Armor Investments shared with the viewers of Bloomberg Markets his bullish options strategy in iShares Russell 2000 Index (ETF) (NYSE: IWM). He thinks the best way to trade the ETF is to get out of the stock and to get long with a cash covered put. Specifically, Tigay would sell...

Joe Tigay of Equity Armor Investments spoke on Bloomberg Markets about an options trading strategy in SPDR S&P 500 ETF Trust (NYSE: SPY). He said the market is trading at its all-time highs and it seems to him that it's better to sell put options in SPDR S&P 500 ETF Trust than to have a...

Joe Tigay spoke on Bloomberg Markets about his trading strategy in Energy Select Sector SPDR (ETF) (NYSE: XLE). He said crude oil has been trading between $50 and $55 lately and every time it drops close to $50, domestic supply decreases and the price moves higher. He believes crude oil could move...

Joe Tigay of Equity Armor Investments said on Bloomberg Markets he wants to add SPDR Gold Trust (ETF) (NYSE: GLD) to his portfolio in case inflation increases. Instead of buying equity, Tigay wants to sell the March 115 put in SPDR Gold Trust (ETF) for $0.76. If the stock trades below $115, he'...

Joe Tigay of Equity Armor Investments spoke on Bloomberg Markets about his options trading idea in Financial Select Sector SPDR Fund (NYSE: XLF). He said the ETF rallied after the election on expectations of less regulations and lower tax rate, but now it seems that there are some political...

Joe Tigay of Equity Armor Investments shared with the viewers of Bloomberg Markets his view on the healthcare sector. He thinks there is a political risk in the sector after the President-elect Donald Trump said drug prices should be more competitive. The repeal and replacement of the Obamacare...

Joe Tigay of Equity Armor Investments spoke on Bloomberg Markets about Alibaba Group Holding Ltd (NYSE: BABA). He explained that China is in the middle of the currency easing cycle, which could be a stimulus for the Chinese economy. He thinks the best way to make a bullish trade on China is...

With the fears of Greece debt crisis and Chinese equity meltdown gripping the markets, investors are shying away from investing in the current scenario. However, Equity Armor Investments' Joe Tigay has an option trade on SPDR S&P 500 ETF Trust (NYSE: SPY) that suits such investors...