Let’s start with a recap of how implied volatility has moved today after JPM’s earnings report. Dan initiated a Oct / Nov 41 put calendar on JPM to sell the implied move, and potentially play …
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I am in the process of having a little Twitter Conversation with Eric Jackson of Iron Fire Capital, he is a smart guy, who has been an activist involved in YHOO for years. He alerted …
Continue readingTrade Update, August 17th, 2012: Since I did not expect the broader market to match its high for the year, my JPM short call spread trade from early July has ended up as a loser …
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Based on our Commentary this morning, we see Draghi’s words as just that, words. We think the stress seen in the European banking system is not likely to be fixed by words, or quick fixes to appease …
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Here is a quick preview of what I will be discussing on Options Action tonight on CNBC at 5pm eastern: JPM has been a focus stock for Dan and me ever since the “Whale” news …
Continue readingJamie Dimon will give testimony on the floor of the Senate tomorrow, in what has seemingly become an annual exercise of parading bank executives in front of Congress. If you’re unfamiliar with the JPM CIO’s …
Continue reading2nd Trade Update May 18th, 2012 at 12:24pm: JPM is down ~11% in a week since buying a June 36/34 Put Spread last Friday for .50 , Yesterday I sold half at 1.00 and now …
Continue readingTrade Update May 17th, 2012 at 9:40am: Since Buying this June 36/34 Put Spread in JPM on Friday the stock is down another 8% as the media, regulators, politicians and shareholders continue to press the …
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Here is a quick preview of what I will be discussing tonight on Options Action at 5pm on CNBC: With JPM down about 8.5% on last night’s revelation that the company has a large loss …
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The XLF is up about 20% YTD with many of it’s large components up a good bit more so far in 2012. Seven of the top 10 largest members of the index report Q1 earnings …
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