Scott Nations

Scott Nations said on CNBC's Fast Money that investors should consider a protection in Archer Daniels Midland Company (NYSE: ADM). He thinks that the best way to do that is by buying the December 28 put for $1.15. He used a strike of $28, because he thinks that a big move lower could be possible if...

Scott Nations said on CNBC's Fast Money that he is watching Wal-Mart Stores, Inc. (NYSE: WMT). He is concerned about the selling pressure in the stocks that are involved in shampoo and detergent selling. These stocks were hurt by The Procter & Gamble Company's (NYSE: PG) disappointing results...

Scott Nations said on CNBC's Fast Money Final Call that he is bullish on Cisco Systems, Inc. (NASDAQ: CSCO). He is encouraged by today's news that business investment spending rose 17% in the second quarter. He added that most of that money was used in internet related investments, and Cisco (CSCO...

Scott Nations said on CNBC's Fast Money that Waste Management, Inc. (NYSE: WM) will probably post good earnings report. He added that this company generates a lot of cash and it maintains a pricing discipline. He recommends investors to buy a call spread ahead of earnings. He would sell the...

Scott Nations said on CNBC's Option Action that he likes Cisco Systems, Inc. (NASDAQ: CSCO) and its options look cheap here. He suggested investors buy a call spread in Cisco Systems, Inc. (CSCO). Specifically, he wants to sell the January 30 call for $0.25, and buy the January 25 call for $1. He...

On CNBC's Fast Money, Scott Nations said that if you are worried that the market has advanced too much you should start thinking about the protection of your position. He suggested investors to buy a put spread in SPDR S&P 500 ETF (NYSE: SPY). He wants to sell the September 100 put for $1.75,...

Scott Nations said on CNBC's Options Action that he would like to take advantage of the fact that volatility is coming in once earnings are up, and he is going to do that with an option strategy in JPMorgan (NYSE: JPM). Mr. Nations would like to sell two July 37 puts for a total of $0.90, and buy...

On CNBC's Fast Money, Scott Nations recommended investors that want to buy BP plc (ADR) (NYSE: BP) shares, to buy call options instead. He explained that investors should not rush things, and with call options you are risking less. Scott Nations recommended the August 40 call option for $0.50. BP...

On CNBC's Options Action, Scott Nations said that options are expensive these days, and Caterpillar's (NYSE: CAT) options are particularly expensive. Scott Nations explained that employment numbers were bad today, and construction employment was really bad. He wants to protect his long position in...

Scott Nations said on CNBC's Fast Money that investors with a long position should engage in a covered call strategy in iShares Barclays 20+ Year Treas.Bond (ETF) (NYSE: TLT). He recommended investors to sell the August 101 call for $1.75, against a long position in iShares Barclays 20+ Year Treas...

On CNBC's Fast Money Final Call, Scott Nations said that he is worried about a possibility of a further decline in the U.S. Dollar. He wants to use PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) as a vehicle to speculate on the dollar. UUP is the ETF of the U.S. dollar against the basket...

Scott Nations said on CNBC's Fast Money that investors should think about a covered call strategy in SPDR S&P 500 ETF (NYSE: SPY), because it has the ability to generate a good yield. He thinks that investors with a long position in SPDR S&P 500 ETF (SPY) should sell the August 112 call...

Scott Nations said in an interview on CNBC that instead of selling gold, investors should protect their gains. He recommended investors buy a put spread in the SPDR Gold Trust (ETF) (NYSE: GLD). This trade is for people who are long GLD. Scott Nations wants to sell the July 119 put for $1.15, and...

Scott Nations said on CNBC's Fast Money that he wants to sell a call spread in Electronic Arts Inc. (NASDAQ: ERTS). Specifically, he wants to sell July 17 call for $0.40 and buy July 18 call for $0.15. He would collect $0.25 with this trade, if ERTS stays below $17. Maximal loss is $0.75 and it...