MorningWord 11/29/12: The discussion about the potential outcomes of the “fiscal cliff” has of late left Wall Street and is now finding its way to Main Street. This was fairly evident at President Obama’s speech …
Continue reading
The past 4 months have been the first 4 month period since late 2006, early 2007 that the VIX has not breached the 20 level. In the context of market history, there have been longer …
Continue readingOn a day when stock volume was above average, options volumes were actually relatively light. Single stock volumes were dominated by AAPL weekly options. AAPL – 6 of the top 10 most traded options lines …
Continue readingTrade Update Nov. 28th, 2012 at 3:40pm: Since buying the Ford call spread on Nov. 16th, the stock has rallied 7% along with the broader market. I’ve documented over the past couple days why …
Continue reading
Jay Pelosky, a friend and Principal at J2Z Advisory, LLC, is an investment strategy consultancy and former head of Morgan Stanley global asset allocation research. He is an expert on all things macro and emerging …
Continue reading
The holiday is done and passed, and fiscal cliff headlines are heating up the tape, but the VIX is having none of it, indicating that traders are still not impressed by recent volatility. With 30 …
Continue reading
With YHOO trading at or near new recent highs I thought it would be a good time to discuss the current structure we have, how we legged into it, and the scenarios for the trade …
Continue reading
MorningWord 11/28/12: Yesterday we took a hard look at GMCR prior to their fiscal Q4 report, and our conclusion after completing the preview was: Long premium options trades will not be easy to make money …
Continue reading
Dan mentioned several times in October, both on the site and on CNBC, that the financial sector could be in for a rude awakening after the elections if the status quo remained in tact. Financials …
Continue readingOn a day without major trends in the market there were some interesting things happening in some smaller names. 1. ALL – Allstate Corp, 18K+ Jan’13 37 calls traded in a spread with 16K+ Apr …
Continue reading