Dykstra's Deep-in-the-Money Call: AXP
"Nails on the Numbers," a new premium service by Lenny "Nails" Dykstra, will debut here at TheStreet.com later in the second quarter. If you would like to become one of the service's charter members and receive a free trial, please send your email address to email@example.com. Once we get closer to the launch date, we'll let you know when you will receive your first issue and how you can become a subscriber.
For the Pittsburgh Penguins, familiar ground (or ice) must have been a welcome change of pace on Wednesday. After dropping the first two games of the Stanley Cup finals to the Red Wings in Detroit's Joe Louis Arena, the Penguins got on the scoreboard with a 3-2 victory in front of the hometown crowd.
The Penguins are an unbelievable 9-0 at the Igloo in the playoffs this year and have won 17 straight at home. They are 11-0 when scoring first in the quest for the Cup. In addition to notching a win, the Penguins also got themselves back in the series -- they now trail the best-of-seven playoff series 2-1. Climbing out of a 2-0 hole can be really tough, but the Penguins have taken a step in the right direction.
The Penguins also broke a scoring drought that kept them off the scoreboard the first two games of the series and nearly the entire first period of Wednesday's Game 3. However, 20-year-old captain Sidney Crosby scored two times nearly five minutes apart.Sometimes, the home field advantage is invaluable -- both on and off the field, court or ice. For me, playing on my own turf these days means following the rules and system I have set out for my deep-in-the-money (DITM) picks. Having the home field advantage isn't always about the crowd or the energy (although that's a part of it). It's also about familiarity and confidence too. Both those factors are key to buying the option at the right price, withstanding some pain if necessary and increasing your positions when the price goes down. You need to know the system is a winner and build the confidence to stick to your guns when a pick hits a rough patch.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV