Regular readers are familiar with my views on bank stocks (from April here and early June here). Given the weakness of most into and out of the Brexit vote late last week we took the opportunity …
Continue readingLast Friday
With retail stocks getting slammed today as result of poor results and guidance from Macy’s (M) I wanted to take the opportunity to update a bearish options trade detail here, and discussed on CNBC’s Options Action this …
Continue readingEarlier, we posted an update our existing XRT trader (here), but since I’ll be discussing this trade on CNBC’s Options Action tonight I want to have a separate post isolating the new strikes without the profits …
Continue readingWhile about 70% of S&P 500 companies having reported Q1 earnings, the balance of high profile names yet to report will be heavily dominated by retailers like Costco (COST), The Home Depot (HD), Lowe’s (LOW), …
Continue readingOn this past Friday’s Options Action on CNBC, our friend Mike Khouw, President, and Chief Strategist of Optimize Advisors and Dan had a quick discussion on the launch of options trading on shares of Shake Shack (SHAK) that …
Continue readingShares of Tesla (TSLA) have had a good couple of weeks, up about 15% since making new lows for the year and seemingly making a double bottom: Regular readers know we are big fans CEO Elon Musk’s …
Continue reading