Last week, I entered a near term bearish position in WYNN after the release of disappointing sales in Macau Casinos in the month of January. At the time I suggested: With the stock obviously a …
Continue readingOriginal Post Feb
Last night it was revealed by AAPL CEO Tim Cook in an interview with the WSJ that the company had been engaged in an Accelerated Stock Repurchase (ASR) program, buying back a total of $14 billion shares …
Continue readingAs my esteemed colleague/editor @CCLagator so aptly titled my thoughts in my earlier post on Twitter’s Q4 and guidance “Flushed Down the TWTR“, I think it is safe to say that’s exactly how Twitter holders …
Continue readingTrade Update April 1st, 2013 11am: AAPL had a heck of a month in March after making new 52 week lows and seeing its peak to trough sell off from Sept hit roughly 40%, the …
Continue readingMorningWord 3/19/13: Yesterday at this time, I penned my morning piece, titled, ” Treacherous Set Up For Bears, $SPX = Flight To Quality”. As a trader who came in to the day net short, I should …
Continue readingMorningWord 3/18/13: Since Super Euro Banker “Extraordinaire” Mario Draghi said the now infamous words back in late July, the Euro Stoxx 50 is up about 25%, but understandingly under-performing the SPX since the European Sovereign Debt Crisis has gripped the region …
Continue readingHere is a summary of what I will be discussing tonight on Options Action on CNBC at 5pm: AAPL is up 2% today as I write and it is most likely the result of speculation of what …
Continue readingTrade Update March 15, 2012 at 10:15am: Since initiating this calendar spread about a month ago BBRY has been all over the place, as low as 12.50, and as high as 16 just yesterday morning. Now with the stock …
Continue readingMorningWord 3/15/13: I’ll start this post as I have on many occasions over the last few weeks. AAPL is desperately attempting to put in an intermediate term bottom. Since gapping below $440 on March 1st, the stock has spent …
Continue readingTrade Update Mar 12th, 2013 at 11:40 am: When I first initiated the TSLA call calendar ahead of earnings, my thought was that no matter what the earnings results were, the stock likely had one …
Continue reading