PG was a situation where our timing just didn’t pan out. We bought the put fly on October 31st after PG had had a strong run, higher in the month of October, back near prior …
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The VIX is up again this morning, even in a flat market to start the day. We discussed the slow and steady rise in the VIX over the past 3 weeks in this morning’s CotD …
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On December 4th we closed a bearish put fly (expiring in December) in Zillow for a double. Here was that trade: ACTION – Sold to close the Z ($71.65) Dec 80/65/50 put butterfly at 7.20 …
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CF has moved back down to near the breakout level for the stock after it broke through the 220-221 resistance level at the start of the month. Given that that area acted as resistance for …
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About a month ago we bought a call spread risk reversal in the VIX (below), which has come into the money with the the index getting a little pop as investors contemplate a December Taper …
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Last Friday we bought a call calendar (below) in TWTR with the intention to position for a move back to the prior highs into year end and possibly finance the purchase of upside calls into …
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Pandora finally broke support of its 50 day moving average on the competitive news that smaller player in the online music streaming space, Spotify was launching a free mobile ad supported service. The stock has …
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Since Twitter’s Nov 7th IPO, the stock has traded in a fairly symmetric range, basically making highs on its debut at $50 and a low just below $40, while currently trading at about $45. …
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Earlier this morning GM was up nearly 4% on media reports that Kyle Bass, hedge fund manager who runs Hayman Capital in Dallas Texas took a stake in the automaker as he sees “at least …
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Zillow has been wild since we put on this bearish Put Fly (below) trade on but it’s been consistently lower highs and lower lows to this point. With only a few weeks left until expiration …
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