With QCOM’s analyst day come and gone, the stock is off its recent highs but not quite to the sweet spot of our weekly in-the-money fly (below). The idea for the trade was that the …
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A few weeks a back I wanted to make a bullish play in AAPL heading into the holiday selling season. Since I bought the near the money Dec 525/550/575 Call Butterfly on Nov 1st (below), …
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Last week QCOM reported Q3 results that were inline to slightly better than expectations, but the company issued revenue guidance for the current quarter and 2014 that was below consensus, sending the shares down nearly …
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Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Oct 28th – Nov 1st: Monday Oct 28th: TRADE: AAPL ($529) Sold Nov …
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AAPL’s hotly anticipated fiscal Q4 earnings report was met with a big ol’ thump this week, with the stock down a little more than 1% since last Friday, and the one day event move dramatically …
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A little more than 2 weeks ago we wanted to set up a defined risk bullish leaning trade that XOM would hold an important technical support level and bounce back to its 50 day moving …
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Back in late in Aug Enis and I bought a tight call butterfly (below) in XOM as the stock approached long term support above $86. The stock bounced a bit and we took profits in …
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Since we initiated the XOM call fly almost 3 weeks ago, oil rallied from near 104 to above 110, but XOM stock was unable to muster much of an advance. With oil’s 2% selloff today, …
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We decided to wait for the cash settlement in our VIX August 15/20/25 call fly that we initiated early in July, as we detailed in our COO post on Monday (included below). In very rare …
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So VIX spot is back above 15 for the first time since the beginning of July. Back then, we actually initiated a 15/20/25 August call fly in the VIX (detailed below) for $1.35, with the …
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