Update With New Trade Sept 25th, 2012: Last night PAYX reported Q1 results that appeared to be mixed as they missed on sales, but beat on earnings due to tight cost controls, leading many analysts …
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MorningWord 9/25/12: Overnight Asian and European markets closed practically flat for most major indices. A veritable calm has taken over world equity markets, as our futures are pointed 4 points higher as I write, continuing global …
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Reuters U.S. stock index futures were little changed on Tuesday as a pessimistic outlook from multinational manufacturer Caterpillar (CAT.N) was offset by hopes the boost from central banks’ stimulus will sustain economic growth and markets… …
Continue reading2nd Trade Update Sept. 24th, 2012 at 2:37pm: With Sept Expiration out of the way, My Sept/Dec call calendar spread has just left me naked long the Dec component of the initial spread. Now I …
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Event: PAYX: report fiscal Q1 after the close tonight. -Implied move in the options market is only about 2% vs the 4 qtr & 8 qtr avgs of only about 2%. -Stock is up about …
Continue readingLEN reported better than expected results on most metrics, the stock was intitally trading up over 3% pre-market prior to the conference call. The stock is now trading down about 2.25%, which for now is …
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MorningWord 9/24/12: Back in late Spring, one of the many inputs to our bearish thesis, from a purely a technical standpoint, was the lack of breadth in the broad market as we approached new 52 …
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In the midst of unprecedented money printing, oil has fallen almost 10% in the past 2 weeks. It’s broken support levels from August, before the central bank party was officially announced. It highlights the interesting …
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Here is a quick recap of all of the trades that we initiated, closed or expired in the week that was Sept 17th to Sept 21st:
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Here is a preview of the trade that I will be discussing tonight on Options Action on CNBC at 5pm: GOOG has very quietly, without a whole heck of a lot of news made new 52 …
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