About a week and a half ago we made a bearish bet in NKE given its poor relative performance to the broad market and suggesting that high valuation consumer discretionary names could be vulnerable in …
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Trade Update March 18, 2012 at 10:03 am: Since I initiated the QCOM trade after it popped on earnings back on Jan 31st. My thought at the time was that QCOM was likely stuck between …
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MorningWord 2/16/13: In case you missed it last night, Carl Icahn disclosed a 13% stake in HLF, making him tied with Fidelity as the largest shareholder in the ONCE $ 4 billion market cap re-seller of …
Continue readingSince entering the HLF Feb / Mar 40 Put Spread almost 2 weeks ago, HLF stock has been on a wild ride, having sold off some 33% and then rebounding 20% since. With the …
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Yesterday afternoon prior to FB’s Q4 results, I bought a Feb weekly / March regular Call Calendar (below). My thought was FB’s results would be decent enough to keep the stock from giving back a …
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Below please find our preview of AMZN’s Q4 earnings to be released tonight after the close, and read my latest trade on the stock (here). Readers of the site know that we tend to be …
Continue readingWith EBAY looking like it doesn’t have much of a down move in it into the close we’re going to close the calendar spread we put on in front of Wednesday’s Q4 earnings for a …
Continue readingTrade Update Jan 17th, 2013 at 3:40 pm: With Citi’s Q4 results out and its conference call out of the way, and one trading day to expiration I am going to close the position for a loss, …
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EBAY is up a little less than 3% this morning (half of the implied move) following better than expected earnings last night. The calendar we put on yesterday (below) is up slightly. So what are …
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EBAY’s report tonight is not an easy set up for traders from a directional standpoint as the stock consolidates near 9 year highs and looks poised to make an assault on its all-time high of …
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