Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was June 24th through June 28th:
Continue readingTrade Update June 28th, 2013 at 3:06 pm: With the weekend upon us and little movement in the last day since I added to my SPY put position I am going to look to spread …
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FDX is a name that we have been negative on for the past 3 months. Its growth over the past several years has been tied to its international business, which has been under obvious strain …
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BBRY’s results and lack of guidance and future transparency is an all out disaster, plain an simple. It appears that the new management has fallen victim to some of the bad habits of the old …
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MorningWord 6/28/13: If the market makes it out of today in one piece, then it’s safe to say that the first half of 2013 was a profitable period for those who were just long and …
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Most of our recent trade strategies have been long volatility structures. Whether that’s long outright calls or puts, long call spreads or put spreads, or long calendars, our trade structure selection is much different than …
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GLD – Buyer of more than 51k of the Oct 131 calls for 1.75 in the morning. Implied vol for that line was up 2 points on the day as GLD ended near a 3 …
Continue readingDespite BBRY’s 25% ytd gains, the stock still seems to be stuck in the mud, as much of the gains came in the first month of the year. Investors have been sitting and waiting for …
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We’ve placed a few VIX trades over the past few months with the last one setting up nicely for the market’s reversal from the highs. We really liked the structure we used and will likely …
Continue readingEvent: NKE reports its fiscal Q4 earnings today after the close. The options market is implying about a 5% move post-earnings, which is lower than the 4 qtr avg move of about 7%, and lower than …
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