OPEN implied move is about 15% vs 4qtr avg of about 8% Stock is down about 58% from last year’s highs and up about 50% from the November lows. My Take: This is obviously a …
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Trade Update Feb 3rd, 2012 at 9.42am: WIth GMCR down 1.5% today I closed the Feb 3rd/March 60 call spread at 2.70 for a .70 gain. This was slightly disappointing after getting the direction and …
Continue readingTrade Update Feb 2st, 2012 at 3:30pm: Ok guys well I kind of blew this one….While I was playing for a big move, I wasn’t playing for this big of a move…with the stock up almost 24%, …
Continue readingTrade Update Feb 2st, 2012: GMCR reported better than expected EPS for their fiscal Q1 and their forward guidance wasn’t as dire as some might have expected. The stock is trading up 22% in the …
Continue readingTrade Update Feb 1st, 2012: GMCR reports fQ1 tonight after the bell and if u can believe it the implied move has ticked up a tad to almost 16.5%! The main thing this tells …
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It’s a slow day so I thought I’d post some Q&A. I’ll leave the comments open on this post for any further questions that may have been bugging you. We’ll do our best to answer. …
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Here is a quick little preview of what I am going to be talking about tonight on Options Action on CNBC at 5pm: GMCR ($52.60) reports their fiscal Q1 Wed Feb 1st after the close. -Implied …
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MorningWord 1/12/12: The investment universe seems like a safe place at the moment with the news relating to Europe’s sovereign debt crisis appearing to get better by the day. I say this with a mild hint of …
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MorningWord 1/11/12: Yesterday’s price action in US equities, while up close to 1% in most major indices was far from inspiring when you compare it to the almost 3% rallies seen in the Shanghai Comp and the …
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MorningWord 1/10/12: Waking up this morning, all seems right in the world by looking at the global equity rally. The Shanghai Comp closed up 2.7% capping a 4 day,7% rally taking the index off of …
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