OK, so a lot happened over our holiday weekend. Obviously the Greek referendum is the lead story. As usual, I have no way to tell you what comes next. And based on what I have …
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A little more than a month ago we made a short term at the money bearish trade that financial stocks would demonstrate weakness prior to the March 18th FOMC meeting Here was the trade from …
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Two weeks ago we got back into the banks wit a put spread in the XLF etf. The thinking at the time was that with the dual risks in Europe of Greece and Ukraine meant …
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Two months ago we made a bearish play on banks, and closed a month later for a gain (read below) as the sector got hit on weak results from some of the large moneycenters. The …
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A little more than a month a go we placed a bearish trade in the XLF predicated on the fact that the commodity bust could cause some negative news flow for financial institutions with exposure …
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A month ago we placed a bearish bet in the bank stocks with the thought that the combination of plunging oil and plunging bank stocks in Europe would have to bleed over into the U.S. …
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10 days ago we initiated a short trade in the banking etf XLF (below). Since then the etf is up about 40c as the market has continued its post Fed meeting rebound. Here was the …
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There is no shortage of explanations for oil’s more than 45% collapse since the 52 week highs in June. Many have focused on oversupply, while some (of late) are placing a greater emphasis on the …
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While there have been no shortage of reasons for investors to sell stocks in the last few weeks, it’s safe to say that a brewing credit crisis in China has not been on the top …
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1. FB – the stock came a few cents away from a new intra-day all time high today. There was a very large roll up in calls where a trader sold 60,000 Feb 55 calls …
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