When we wrote our DaVita trade idea on Thursday (below), we specifically chose April expiry because we wanted to give the trade plenty of time to work out. In fact, we even considered simply buying …
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Trade Update Dec 20th, 2012: With RIMM up 16% in the 2 weeks since I initiated the Dec weekly 11.50 / Dec regular 12 Put Calendar*, my trade has lost two thirds of its value. The …
Continue readingTrade Update Dec 20th, 2012 at 10:04am: With JOY straddling the 62.5 strike, and one day until expiration, the calendar is worth more than a double from what I paid last week prior to its …
Continue readingUpdate with New Trade Dec 13th,2012 at 2:58pm: Dan laid out his thoughts in ADBE this morning heading into tonight’s earnings, He concluded: My sense would be that the macro headwinds in the quarter, and …
Continue readingTrade Update Dec 11th, 2012 at 3:21 pm: Costco is finally seeing some profit taking with less than an hour to the markets close prior to tomorrow’s Q1 earnings report. With the market kind of bailing …
Continue readingUpdate Dec 11th, 2012: COST reports fiscal Q1 earnings tomorrow before the opening. The options market is implying about a 2.25% move following the report, which is rich to the 4 qtr avg and …
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