2nd Trade Update Dec. 13th, 2012: NKE is back down to the level that I originally bought the Dec7th /Dec22nd 95 Put Spread for 1.40 on Nov 30th. To refresh everyone’s memory, when the Dec7th 95 Puts expired worthless …
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Trade Update Dec 10th, 2012: Almost 2 weeks ago when it seemed like the month of December was going to be littered with daily price swings related to the horse-trading in Washington and the dramatic …
Continue readingTrade Update Dec. 7th, 2012: Last week I bought a Put Calendar in NKE, selling today’s expiration 95 put and buying Dec22nd 95 Put (which catches their Q2 earnings on Dec 20th). The idea was …
Continue reading2nd Trade Update Nov 27th, 2012 9:32am: Since initiating the first leg of this position on Nov 15th, XLK has rallied nearly 5%, primarily on AAPL’s reversal off of 9 month lows. AAPL’s rally is likely to …
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