Event: GRPN reports its Q2 earnings tonight after the close, the options market is implying about a 25% move (with the stock at about 7.50 and the Aug 7/8 Strangle offered at 1.60, you would …
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Trade Update: July 17, 2012 With GRPN having broken down from previous levels and July expiration fast approaching it’s probably a good time to take the final profits in this trade. We paid .70 for …
Continue readingTrade Update: With GRPN having bounced a little off of the 10 level, we’re going to use the opportunity to take half of this trade off for more than a double. We’re selling half this …
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From the way back machine, we did a crazy 1×2 in GRPN in December. Paid .70, it’s currently about 1.75. With the stock looking like it’s about to break 10 we’re going to stay put …
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GRPN ($24.25) -report Q4 tonight after the close. -options market is implying about a 14.5% move (with stock at $24.00 take the Feb10 weekly 24 straddle offered at 3.50 and divide by the stock price, …
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Below is the LNKD trade I will be discussing on Options Action tonight. Below that trade is a bonus trade in GRPN. On a day that ZNGA priced its $1 billion IPO at $10 and almost immediately broke price, …
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Update Dec 1st, 2011: This thing has been all over the place, I got the direction right, but timing and the magnitude wrong. Since putting this calendar on a couple weeks ago, the stock went …
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Groupon options were listed today and as one might expect the implied volatility is through the roof and as a result of the ridiculously high rates to borrow the stock to short, the puts are trading at a …
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