With FDX getting hit with the market and near its 50 day moving average of 96.74 we’re going to close the put spread (below) Action: Sold to close FDX (96.74) June 100/92.5 put spread at …
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Fedex got off to a rapid start in 2013, zooming 20% higher in the first quarter, but it has since given up half of those gains, and is only up 10% on the year, underperforming …
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It seems like everyone and their mother is trying to pick the exact spot where AAPL is going to bottom. Obviously this is a bit of a fools errand (see my comments on my own bottom …
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Reminder: Enis and I will be Hosting a Free Webinar on Monday April 22nd at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate 2 options trade structures that we are considering to play the event. …
Continue readingTrade Update April 18th, 2013, 2:20 pm: CMI finally broke important 110 support this week, and has sold off down to near the 200 day moving average at 103.65. Given that my trade is now …
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Reminder: Enis and I will be Hosting a Free Webinar on Monday April 22nd at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate 2 options trade structures that we are considering to play the …
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MorningWord 4/17/13: As Enis very aptly discussed this morning in his MacroWrap, realized volatility is starting to pick up a tad after one of the longest most benign periods of movement in the SPX in …
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MorningWord 4/16/13: If you have ever been punched in the face you are not likely to forget the feeling for a very long time. Yesterday, for those that were long Gold and the last peeps to buy …
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MorningWord 4/15/13: Regular readers of this space know that I am the first guy to admit that I have no clue as to the real fundamental reasons that drive the price action in Gold (here is …
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MorningWord 4/12/13: I am not sure about you guys, but I am getting a little tired of the first crap that I see on my Twitter feed in the morning, and the last turdlet at night about …
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