Ford CEO Alan Mulally remarked yesterday in a Bloomberg TV interview about his concern regarding the recent depreciation of the Japanese Yen. I’ve been watching Ford’s stock, considering a long entry for some time, but …
Continue readingRelatively quiet in options, despite the higher-than-normal cash volumes. BAC – Financials reversed early morning strength as European banks closed down 4%. There was a buyer of 75k of the May 11 puts for 0.14 this …
Continue readingAIG made headlines last month when the most recent 13-F filings showed that it had become the most widely held long position among large hedge funds, according to Insider Monkey, surpassing AAPL for the honor. …
Continue readingFor any who believe in the efficient market theory, Best Buy is a nice test case to illustrate inefficient markets. The stock has gone from $11.23 on Dec. 28th, 2012 to trading $23.46 this morning, …
Continue readingSince initiating a slightly bullish trade in AAPL on March 15th the stock is up a little more than 20 dollars and slightly above our sweet spot for the structure. Let’s look at the structure …
Continue readingMorningWord 3/25/13: Last Monday, at this exact time I sat down to pen this piece and I suggested that the down 1% opening on the flare up was a “Treacherous Set Up For Bears, $SPX = Flight …
Continue readingMy biggest regret in 2013 is not being longer health care stocks, and not doing more bullish options trades in the sector. It’s still my favorite sector long-term, due to secular trends and fundamental valuation. …
Continue readingHere is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Mar 18th through Mar 22nd:
Continue readingTrade Update March 22nd, 2013, 2:50 pm: XHB has failed to breakdown in the past month as the market has held up. But just this week, LEN reported strong earnings that got everyone excited about …
Continue readingHere is a summary of what I will be discussing tonight on Options Action on CNBC at 5:30pm: Ok I get it, Euro Bank/Debt Contagion fears are SO 2011/2012, but my sense if the last …
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