Trade Update May 29th, 2012 @ 2:50pm: Since buying the June 595/565 Put Spread for 6.50 when the stock was ~$616, the stock is down almost 4%. I am going to sell the June Put …
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Options on Facebook started trading this morning and the action so far has been fairly brisk. As of noon, over 135,000 total options contracts have traded (58.5k calls & 77.5k puts), while the most active …
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MorningWord: 5/29/12: It was a relatively quiet weekend, with the most market moving news coming out of Greece (shocker), as multiple polls showing the New Democracy party back in front (ahead of Syriza) giving a boost …
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Reuters Stock index futures rose on Tuesday, indicating a rally in equities may continue after their first weekly gain since April, on hopes China may unleash more spending measures and Greek election polls pointed to …
Continue readingMy focus in the last week has been internally debating what to do with my many long June options. I have expressed a variety of views through June premium (the largest position in my personal …
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May 19: I’m looking for a move in gold and I am thinking about a 160/170 or a 170/180 call spead. I was wondering if you could look at the option chain and see if …
Continue readingHere is a quick preview of what I will be discussing on Options Action tonight on CNBC at 5pm et: Dan and I have been following the CHK story closely for more than a month …
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Introducing our Calculators The idea behind the Implied Event Move Calculator was introduced in our post on Discussing Implied Event Move Calculations. We used the math discussed in that post to build the calculators but …
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Earlier in the month we tried playing CHK from the short side (see earlier comments below) as we thought the news was likely to get worse before it got better, and given how bad we …
Continue readingMorningWord: 5/25/12: Yesterday’s late day recovery in the SPX, the second in so many days, was once again fueled by rumors that ze Germans were warming to the notion of joint Euro bond sales. The …
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