3rd Trade Update June 28th, 2012 at 2:49pm: NKE reports thier fiscal Q4 earnings tonight after the bell, the options market is implying about a 4.5% move vs the 4 qtr avg move of about …
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Last week was the second in so many weeks where anticipation of pending news events dominated traders’ minds. Interestingly, the Monday after the Greek elections was exceptionally light volume, and all eyes turned to the …
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The worst kept secret of the day is officially out after hours as Moody’s downgraded a host of banks. Here’s a roundup of the downgrades from Business Insider: For Wall Street, it could’ve been worse. …
Continue reading2nd Trade Update June 21st, 2012 at 3:55pm: Closed the half of the July 97.50/92.50 Put Spread I bought yesterday for 1.00 at 1.60 just now (stock ref 98.60). I have taken off the added …
Continue readingTrade Update June 20th, 2012 at 1:55pm: When I initiated a partial position in the July 97.50/92.50 Put Spread on Friday, I stated that I would add to the position on any strength. Well the SPX is …
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Here is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm: NKE has been one of those teflon stocks over the past 12 months, rallying from its lows …
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With the market down on the day and extending a bit of a selloff from last week’s highs we wanted to look at some trade management in some of our open short biased trades: …
Continue reading3rd Trade Update March 23rd, 2012 at 9:20am: NKE is trading up a tad in the pre-market after what I would describe as slightly less than a barn burner as it relates to their Q3 …
Continue readingTrade Update March 22nd, 2012 at 3:30pm: With earnings just 30mins away I have altered my postion a bit. Previous trade from March 9th: NKE $110 Buy Apr 105/100 Put Spread for .90 -Buy 1 Apr …
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Here is a quick preview of what I will be discussing on Options Action tonight on CNBC at 5pm: NKE $110 Stock is up 14% ytd, outperforming the SPX which is up about 9% ytd, …
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