We’ve had a short position on in the QQQ for some time now. Initially it was a naked put and just yesterday we turned that into a put spread. Here’s how we got here. On July …
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We had a couple of retail trades gone wrong recently (TJX, LOW, COST) but this selling has allowed us to get bailed out a little in at least one of them. Costco. Here was the …
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The volatility in almost every publicly traded asset class the world over has finally come home to roost in the long untouchable U.S. stock market. The VIX has exploded from the 2015 lows earlier this …
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Back on Aug 4th we legged into a bearish position in MSFT, financing the purchase of longer dated puts by selling shorter dated ones. To refresh, here was the trade & rationale:
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Sometimes when a big selloff comes right before expiration you can get bailed out on trades that were worthless. That happened here in our $LVS trade. Here was the original trade from way back in …
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Way back in early July we placed a bearish trade in Boeing ($BA) with the thought that currency headwinds and weakness in China meant that it was likely BA held its downtrend and made new …
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Over the past year or so as crude oil has been more than cut in half, the companies within the space have had to take some fairly dramatic actions (both from an operational and financial …
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On July 24th we expressed a bearish view in the Nasdaq 100 (via the QQQ: A Few Good Ten) with the thought that any loss of leadership in the space spelled technical doom for the index. Here was the …
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In July we entered a bearish defined risk trade in SLB with the thought that it was likely to test its recent lows with little chance for a reversal in crude oil on the horizon …
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Since EBAY’s tax free spin-out of their faster growing Paypal (PYPL) unit, the new stock has traded within a range of $34 on the downside, and just above $42 on the upside, with the average …
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