Trade Update Dec 21st, 2011 at 10:20am: Well this trade was a total bust, even with generally uninspiring results with eps and sales that only slightly beat expectations, and with margins weaker as a result of …
Continue readingNKE
NKE reports their fiscal Q2 tonight after the close, the options market is implying about a 5% move following earnings vs a 4 qtr avg move of about 7.5%. -The stock is up 10.5% ytd …
Continue readingUP: Since my start in this business back in 1997 there is one little piece of market advice that I routinely ignore, if only temporarily……DON’T FIGHT THE FED. In this period the “FED” has come …
Continue readingAbout a month ago I suggested the following trade in NKE when the stock was $84.26 (about $2.00 higher):
Continue readingOn Friday’s Option Action Mike Khouw and Carter Worth laid out a bearish thesis and trade structure in NKE.
Continue readingUPDATED 3/25/11 at 8:40am: RIMM is down in the pre-market almost 12% largely as a result of their guidance for FY Q1 that badly missed wall street expectations….Additionally the company did something that I think …
Continue reading[/private][/private]
Continue reading