As Dan discussed earlier, U.S. stocks are are a fairly interesting spot, either back and filling a bit for a push to prior highs, or merely a series of lower highs that he believes to be …
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Following the Tesla Model 3 event we looked to fade the recent strength in the stock with an out of the money put calendar. This was a “sell the news” trade with the thought that …
Continue readingBack in late November, the day the long rumored buyout/merger agreement between Pfizer (PFE) and Ireland based maker of Botox, Allergen (AGN) was announced, I said the weakness in PFE leading up to the deal made the stock …
Continue readingRemember back when the financial world was ending in early February and investors hastily sold shares of LinkedIn (LNKD) down 43% in a single day, more than 50% on the year, shedding more than $10 billion …
Continue readingThere has been little doubt that home improvement retailers like The Home Depot (HD) and Lowe’s (LOW) have been massive outliers for the last few years in what has been a very difficult retail environment …
Continue readingEarlier I had some thoughts on Tesla’s unveiling of their mass market electric vehicle expected to ship in late 2017 ¯\_(ツ)_/¯ (see below). I wanted to follow up with a trade idea not too different then the …
Continue readingDan gave his latest thoughts on JPM this morning. We have an existing short delta trade that we’ll now update and reduce some premium risk. The original trade idea was a put calendar when the …
Continue readingWe’ve been for months on RiskReversal that while there’s a lot to avoid in this market, there are a few investment thesis that have a high probability of success in volatile times. Some of these theses can be considered …
Continue readingOne of the worst things you can do in trading a declining market from the short side is targeting a stock that you think is overdue for a substantial pullback but only getting a small …
Continue readingBack on January 15th we laid out a bullish case for being long U.S. Treasuries and detailed our bullish trade in the TLT, the iShares 20 year Treasury Bond etf to reflect this view (read: Trade …
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