Here is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm est: RIMM reported a much anticipated fiscal Q4 last night that missed fairly dour expectations and stated that they …
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Butterflies are good strategies for high volatility environments as they have limited risk and premium expenditure. In exchange, they have a limited profit potential. Butterflies also involve buying and selling three different strikes and therefore …
Continue readingTrade Update March 30th, 2012: With RIMM up 3% following a generally uninspiring qtr I am going to take the small gain in the March30th/May 13 Put Spread and move on. Obviously a lot of bad news is …
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MorningWord: 3/30/12: Today’s opening of U.S. markets (S&P futures up about 50bps) feels like a fairly fitting end to what was a near historic quarter. Sentiment changed on a dime in Jan, with the change …
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Reuters Consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, suggesting the economy may not have slowed as much this quarter as economists had …
Continue reading2nd Trade Update March 29th, 2012: Since initiating this trade a bit more than a month ago, the stock has sold off about 10% and in a lot of ways been very instructive to how I have …
Continue readingTrade Update March 29th, 2012 at 9:45am: BBY is down 6% this morning, following earnings that beat, but coupled with some strategic news about store closings and layoffs that investors are not warming too, although some …
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MorningWord: 3/29/12: I think it is fairly safe to say that decent Q1 earnings are baked into the cake with the SPX at current levels, the real question for any near term continuation of the …
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Reuters New claims for unemployment benefits fell to a fresh four-year low last week, according to a government report that showed ongoing healing in the labor market. Initial claims for state unemployment benefits fell 5,000 …
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CRM is all the rage among tech investors, the cloud is all the rage among tech companies and CRM’s stock (trading within a few % of last years all time highs) acts like it is …
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