We have a couple of in-the-money butterflies that moved out of their established range on this bout of selling. I wanted to go over them and see what the plan is for them now. The …
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We received a question last week that I wanted to revisit today, because it’s of heightened importance in a quiet market like the one we’ve experienced in the past month. Hi, Many of the trades …
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We have a couple of in-the-money flies getting closer to expiration that I thought I’d give an update on and how we’re looking at them. IT’s an interesting comparison between the two as one is …
Continue readingTrade Update June 12th, 2013 at 3:48pm: Closing AXP bearish June trade for a quick gain. Stock immediately went down last week after entering the trade, and then shot right back up and made a …
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I am going to keep this real simple, AXP is up nearly 20% on what looks almost like a straight line since April 17th, and up 33% ytd. AXP is trading at 16x this years …
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With the markets seemingly drifting higher every day it’s a good time to reflect on some of our recent trades to determine what’s working in the market and what isn’t. A great way to do …
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