3rd Trade Update Jan 15th, 2013 at 2:51pm: Since buying the QCOM Jan13 62.50/65 call spread in mid Dec when the stock was below $60, the stock has rebounded nearly 7% and recently made new multi …
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2nd Trade Update Dec 18th, 2012 at 11:30am: Since buying the QCOM Jan13 62.50/65 call spread Friday afternoon when the stock was below $60, the stock has rebounded nearly 5% filling in the entire gap …
Continue readingTrade Update Dec 17th: 11:54am After getting a little geeked up on QCOM’s sell off on Friday, and trading 2 different bullish structures, I’m going to take advantage of today’s 3% rally to close the call calendar and …
Continue readingTrade Update Dec 14th, 2012 at 3:02pm: With the stock falling hard (while AAPL makes new lows) from where I put on this QCOM calendar on earlier this afternoon, I am now going to …
Continue readingQCOM was down about 5% at one point this morning, slicing through its 200 day moving average and through a fairly important support level at $60, but has since bounced. Traders were scratching their heads …
Continue readingI’ve played CMI twice in the past 2 months, both bearish bets. The first I closed as a nice winner, and the second I closed for essentially flat. My longstanding thesis has been that CMI …
Continue readingHere is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Oct 1st to Oct 5h:
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