Given the sentiment towards tech of late, and given MSFT’s recent and soon to be released product flops in the mobile space, I am shocked that MSFT’s stock is still up on the year. See …
Continue readingTrade Update Oct 26th, 2012, 12:45 PM EDT: NFLX stayed within the 55 to 75 range that I had laid out when I posted this “Playing the (Large) Range” traded on October 9th. With the stock …
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MorningWord 10/26/12: We talk about AAPL a lot on the site, primarily because we are fascinated by the psychology around the stock, not just with investors, but the way the stock is viewed by Wall Street …
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Part of the difficult part of being bearish on markets is that you get rewarded in very brief intervals, while the majority of time, markets grind higher. Even in bear markets, the falls are drastic …
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No theme stood out among the largest trades today. On a relatively low volume day: AAPL – I would have expected greater volume on the day of the earnings announcement. The 650 strike calls in …
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Since initiating the Nov 230/210 Put Spread last Friday, AMZN has dropped 5%, and my spread appreciated by more than 50% (see updates below). I took the profits with the intention of rolling them to a trade …
Continue reading2nd Trade Update Oct 25th, 2012 at 1:04pm: I am closing the second half of this Nov regular Put Spread and I am now going to look to roll strikes and expirations, possibly to …
Continue readingHere is a chart of AAPL, AMZN, and the SPY over the last 3 years: The 40% gains in the SPY look miniscule in comparison. And while AMZN is generally viewed as a …
Continue readingTrade Update Oct 25th, 2012: CL reported disappointing results this morning and the stock is down 2%, in line with the implied move. I am going to use this weakness to take half of my Dec Put …
Continue readingTrade Update Oct 25th, 2012: Since initiating this bearish position last Friday afternoon, AMZN is down about 5% into tonight’s Q3 print. To state the obvious, AMZN has been a tough nut to crack on the short …
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