Here is a quick recap of all of the trades that we initiated, closed or expired in the week that was Sept 24th to Sept 28th:
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Here is a quick preview of what I will be discussing tonight on Options Action at 5pm on CNBC: Since FB’s IPO, I have not bought a share of the stock, I am not a …
Continue readingThe recent 10% decline in crude oil after the QE3 announcement caught everyone’s attention with the speed of the decline. Though stocks have pulled back, they are still near the highs of the year, while …
Continue readingTrade Update Sept. 28th, 2012 at 11:00 am: Given that the news is out on NKE, I’m going to take the gains and move on from this trade. With the Oct / Nov calendar, it …
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Bloomberg Consumer spending in the U.S. barely rose in August after adjusting for inflation, showing the economic expansion is struggling to gain momentum. Household purchases rose 0.5 percent, matching the median estimate of economists surveyed …
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MorningWord 9/28/12: Earnings releases from NKE and RIMM last night will likely dominate some headlines this morning, on what is shaping up to be a quiet final trading day of Q3. And what a qtr …
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As I was listening to the NKE conference call after their earnings announcement last night, I chuckled when I heard that commentary from NKE management. In case you were living on another planet, they informed …
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I am in the process of having a little Twitter Conversation with Eric Jackson of Iron Fire Capital, he is a smart guy, who has been an activist involved in YHOO for years. He alerted …
Continue readingThe Durable Goods Report today was quite a miss. I normally don’t care much about each individual economic report. Too much focus is given to each single reading, when it’s the broader trend that matters. …
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Event: RIMM reports their fiscal Q2 tonight after the close. The options market is implying about an 11%* move following earnings vs the 4 and 8 qtr avg post result move of about 14% and 11.5% respectively. …
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