March 26, 2014 by Dan • Commentary

Back in Late January when EBAY was just shy of where it is now, we made a defined risk Bullish bet that continued pressure from activist investor Carl Icahn would help propel the stock to …

Continue reading
March 26, 2014 by Enis • Commentary

Dan highlighted the unusual options activity in EBAY starting late last year, with a hunch that an activist was getting involved in the stock.  That turned out to be the case, with Icahn’s initial announcement …

Continue reading
March 26, 2014 by Dan • Commentary

Back on February 27th I wanted to take a bullish view on GE with the idea that the stock’s underperformance since reporting their Q4 would abate and the stock would play catch up with the …

Continue reading
March 26, 2014 by Enis • Commentary

Credit spreads have not moved much for most of the past year.  Credit defaults in the U.S. have been quite rare, and low rates has allowed corporates to roll their funding needs further and further …

Continue reading
March 25, 2014 by Dan • Commentary

DDD has rallied over the past 2 days after holding the above the early February low (at $54.63, marked in green below) on Friday and Monday: Our long Apr 60 call position initiated on Friday …

Continue reading
March 25, 2014 by Enis • Commentary

Facebook has bounced so far today after an ugly breakdown to its 50 day moving average yesterday.  We received a question on our thoughts for our April 65/60/55 put butterfly (post included below) that Dan …

Continue reading