MorningWord 1/27/12: I am gonna go out on a limb and suggest that Mr. Bernanke had a sneak peak at this morning’s Q4 GDP reading that came in weaker than expected (forecast for 3%, actual 2.8%) prior …
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SBUX ($47.80) – report their fiscal Q1 after the bell. -Options market is pricing about a 4% move which is rich to the 4 qtr avg move of about 2% and the 8 qtr avg …
Continue readingTrade Update Jan 26th, 2012 at 2:24pm: With GS up 10% since buying the Feb 110 calls on Jan 13th at 1.15, and then spreading them into a Call Spread on Jan 18th by selling the Feb …
Continue reading3rd Trade Update Jan 26th, 2012 at 10.26am: With NFLX trading $116.50 I closed the second half of my Calendar at 8.20, so an average price of 7.83 , or a $4.68 gain. I am …
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Yahoo Stock futures continue to trade with modest strength following a couple of doses of data. Durable goods orders for December were up 3.0%, which is greater than the 2.0% increase that had been generally …
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MorningWord 1/26/12: If the Fed’s intention by signalling that interest rates would remain low until late 2014 (previous target was sometime 2013) was to encourage investors to buy riskier assets, then they certainly got things going in the right …
Continue readingNFLX reports Q4 earnings tonight. -The options market is implying about a 14% move vs the 4 qtr average of about 16%. Remember that the stock was down about 35% last qtr so the previous 4 …
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This is a continuing series on options trading terms and techniques. Parts I, II, III and IV are here. We’ll open up the comments on this post to try to answer any questions on the …
Continue readingLast night YHOO reported slightly disappointing revenues for Q4 and guided below the street consensus for Q1. This didn’t really come as surprise to most as YHOO continues to face a strain on time spent on its …
Continue readingLast Friday afternoon I laid out the following structure to help protect AAPL holders from a GOOG-like move following earnings……The idea of a collar is to offer the holder more upside, but give some protection beyond a …
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