Back in early November we bought GLW at $16.47 after the stock had pulled back from a euphoric gap higher on a long term deal to supply LCD glass to Samsung. At the time we …
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Tight leash means tight leash, the trade is now a bit binary but leaning more towards a loss than a gain in the next 2 trading days, we are going to close the trade and …
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Back in late November we put on 2 bullish trades in XLF, both with very different risk profiles, but both left us long Jan 22 calls for .10 with an eye towards playing for a …
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Back in late Nov we made a couple bullish bets in Jan XLF options playing for a breakout to new highs into Q4 reporting season (below original trade and update from Dec). In fact, 4 …
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As we discussed earlier today, HPQ had a high risk of pinning the $28 strike. It looks likely to do so as the day has progressed, so we are going to take the trade off …
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HPQ has been quite a mover since its earnings gap higher at the end of November. This was a trade that we could have exited on a couple occasions in the last 2 weeks for …
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Towards the end of November we put on a couple bullish XLF trades (below) to position for a technical breakout in the new year of the bank etf. Currently the ratio spread (the first trade) …
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On December 4th we closed a bearish put fly (expiring in December) in Zillow for a double. Here was that trade: ACTION – Sold to close the Z ($71.65) Dec 80/65/50 put butterfly at 7.20 …
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CF has moved back down to near the breakout level for the stock after it broke through the 220-221 resistance level at the start of the month. Given that that area acted as resistance for …
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When we first put on the GME trade, our rationale was that the stock had broken the important $49-$50 support area on important fundamental weakness, so we expected lower prices over the next several weeks. …
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