Trade Update Sept. 28th, 2012 at 11:00 am: Given that the news is out on NKE, I’m going to take the gains and move on from this trade. With the Oct / Nov calendar, it …
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As I was listening to the NKE conference call after their earnings announcement last night, I chuckled when I heard that commentary from NKE management. In case you were living on another planet, they informed …
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The Olympics, the European Football Championship, and a Lebron James-led NBA championship should normally constitute a banner year for NKE, the sports advertising king. But the Goddess of Sport is actually one of the few …
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Event: NKE reports Q3 earnings Thursday morning after the close. The options market is implying about a 5% move, which is right in line with the 4 quarter avg of 5%, and slightly below the 8 …
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Back in mid June when NKE was above $100 I bought a July Put Spread heading into their fiscal Q4 earnings as the company very aptly fit into my theme of shorting U.S. multi-nationals with …
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Back in late July I took a perfectly well conceived idea in SBUX on the short side and F’d it up hours before their Q3 earnings. I settled for a small gain prior to the …
Continue readingTrade Update July 26th, 2012 at 2:25pm: SBUX reports their fiscal Q3 earnings tonight after the bell, the options market is implying about a 6% move which is well shy of the 3.33% average move …
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Here is a quick preview of what I will be discussing on Options Action tonight on CNBC at 5pm eastern: On the heels (pun intended) of my recent success short in NKE, I want to …
Continue reading4th Trade Update June 29th, 2012 at 9:40am: This was the trade that kept on giving….after getting knocked down from all time highs in May, NKE kept making new lows, under-performing the broad market, the very market …
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First things first. I wish I still had my weekly SPY calls for my European summit hedge. Foolish me. Hindsight is of course 20/20, but it was the right way to protect my positions in …
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