One of the great market mysteries of the last six months has been the lack of equity volatility during an endless march to new high after new high. That’s been despite a backdrop of crashing commodity …
Continue readingIBB
Here is a quick recap of trades that we initiated, closed, or debated in the week that was, March 16th to March 20th:
Continue reading
Well, this one was wrong right out of the gate. Eight days ago we put on an out of the money put spread in IBB, the biotech etf. The thought was that if the small …
Continue reading
Here is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. FXE – minutes before the close the etf that tracks the Euro saw a massive put spread purchase. When the etf was …
Continue reading
The Biotech sector has been a massive out-performer over the last year, with the IBB (iShares Nasdaq Biotech etf) up 13% in 2015, and up 65% since from the 52 week lows made in April of last …
Continue reading
Options volume in the major macro ETFs was very light, as traders seem to have their positions set for today’s busy release calendar. TWTR was the standout in single stock options. 1. TWTR – Stock is …
Continue reading
Back in March the biotechnology sector was hard hit hard alongside social media, solar and 3d printing. Since then, most of these sectors have recovered most of their losses from that sell-off. Which brings us …
Continue reading
Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was June 30th – July 3rd:
Continue reading
Our rationale for the IBB trade from 2 weeks ago was more technical than fundamental, as the etf approached the $255 resistance level after a big rally from the mid-April lows. After what looked like …
Continue reading
Biotechs have been a leader throughout the 2009-2014 bull market. The weekly chart of IBB, the biotech ETF, illustrates the incredible run over the past 5 years: The ETF more than quadrupled from early 2009 …
Continue reading