Add GME to the list of big 2013 winners that has recently experienced a significant technical breakdown. GME reported Q3 earnings last week, and actually beat by a penny, with better than expected revenues as …
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MorningWord 11/26/13: Here is a news flash to regular readers of this space – I have not been a raging bull in this raging bull market. But readers of the site know that our real …
Continue readingOne of the worst performing stocks on my board yesterday was QIHU, down 9.5%. The company actually beat both earnings and revenues estimates, but expectations among traders was higher still. Guidance was actually better than …
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Generally a quiet day in the markets until late in the afternoon where most indices gave up all of the the morning gains. Here is a quick recap of some of the most interesting options …
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MCD has broken above the $99 level that was my mental stop in the put butterfly position that I initiated 2 weeks ago. At this point, the trade is a bit of a double whammy, …
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Event: TIF reports its Q3 earnings tomorrow before the open. The options market is implying about a 6% one day move, which is well above the 4 qtr avg of about 3.25%, and also above …
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Back on Nov 1st we closed a Nov Call Butterfly in EBAY for a gain (here, immediately below) and rolled the exposure out to December with a wider call fly. Well, today the stock has …
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CBST was our inaugural investment idea for RiskReversal, executed at the start of November. Here are initial thoughts on the opportunity. And here was the initiation of the position: TRADE: CBST Bought Stock for $61.84 …
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More than a month and a half ago we put on a bearish position in GLD with the thought that gold barely rallied as the VIX approached the highs of the year, and we would …
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IBM has fallen below our $180 mid-point for our put butterfly trade that we put on last week. The catalyst was Stan Druckenmiller’s presentation at the RobinHood conference on Friday, recommending IBM as a good …
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