January 4, 2017 by Dan • FREE ACCESS

Last night on CNBC’s Fast Money the panel discussed the President Elect’s Tweet of the Day. The tweet focused on U.S. Automaker General Motors (GM) and their production of cars in Mexico which are sold …

Continue reading
December 15, 2016 by Dan • FREE ACCESS

Investors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …

Continue reading
December 8, 2016 by Dan • FREE ACCESS

Regular readers know that we rarely start a trade idea with a technical input, but a securities’ chart often helps inform our thoughts on sentiment, and can be very useful for choosing strikes for options …

Continue reading
December 7, 2016 by Dan • FREE ACCESS

Market participants placed a low probability on a Trump win last month. I agreed. Markets also bet on a risk of a sell-off in stocks (stocks sold off as polls tightened, puts went bid) I …

Continue reading
December 6, 2016 by riskreversal • Trade Ideas

Back in early August, we attempted to lay out a bullish case for shares of IBM: IBM is a cheap stock at 12x expected 2016 eps and pays a dividend with a current yield of …

Continue reading
November 16, 2016 by Dan • FREE ACCESS

Yesterday IBM’s CEO Ginni Rometty wrote an open letter to President-elect Trump offering: ideas that I believe will help achieve the aspiration you articulated and that can advance a national agenda in a time of profound …

Continue reading
November 15, 2016 by Dan • FREE ACCESS

Regular readers know we don’t place too strong of emphasis on unusual options activity. Without intimate knowledge of the trade, or knowing the initiators’ intent, whether the trade is outright, or delta neutral, or what …

Continue reading
November 14, 2016 by riskreversal • Trade Updates

Shares of Twitter got a boost this morning when it was revealed that activist investor Jana Partners took a small stake.  I am not sure this news should be viewed too positively as it could …

Continue reading
November 9, 2016 by riskreversal • Chart of the Day

It’s fairly fascinating to see which sectors in the market are participating in the post election bounce, and which are sitting out the nearly 1% gains (6% off of the overnight lows).  Banks, Pharma/Biotech, Materials …

Continue reading