Trade Update Dec 16th, 2011: With the stock at 35.47 and less than 2 hrs to expiration this trade worked about as well as it could. I want to close the 2nd half of this …
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3rd Trade Update Dec 16th, 2011 at 11am: Similar to Citi, holding the MS put spread, which is worth more than triple what I paid for it last week is a bit of market call and again I …
Continue readingTrade Update Dec 14th, 2011: With DB down about 10% since buying this Dec Put Fly in DB I want to take my cost off of the table with 2.,5 days left to expiration……owning the …
Continue reading2nd Trade Update Dec 14th, 2011 at 9:55am: With MS down almost 1% with the stock around $15.00 I am going to sell half of my existing position at .65 (paid.20 with this spread, sold …
Continue readingTrade Update Dec 12th, 2011 @ 9.54am: With MS down about 10% since putting on this Dec Put Spread I can now sell this spread for .45, more than double what I paid. You guys …
Continue readingAs I stated in the “Morning Word”, DB is down about 2.00 in the pre-market on investors disappointment with ECB chief Draghi’s failure to instill confidence that the central bank will continue to buy European …
Continue readingUpdate Dec 7th ar 2:45pm: Friday on Options Action I laid out an argument (below) of why I think DB could be the best short of the large money center banks in all of Europe and the …
Continue readingPreview of what I will be speaking about Tonight on Options Action at 5pm on CNBC: World equity markets have had a massive week, with many developed nations seeing rallies of 5-10%. The DAX rallied …
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