Earlier today (below) I discussed some recent consolidation chatter in the auto industry. While it could seem a bit “pie in the sky” or “top of the market” the potential reasons make sense as it …
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As “options guys” we get a lot of questions about unusual, large or just generally interesting options activity. I rarely make trading decisions based on said activity, but I don’t feel uncomfortable explaining and commenting …
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Pandora finally broke support of its 50 day moving average on the competitive news that smaller player in the online music streaming space, Spotify was launching a free mobile ad supported service. The stock has …
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Back on Nov 1st we closed a Nov Call Butterfly in EBAY for a gain (here, immediately below) and rolled the exposure out to December with a wider call fly. Well, today the stock has …
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Yesterday I thought about mentioning the fact that leaving the 73 call that at the time was no bid open left the possibilty that the stock could rally above that strike before today’s expiration and …
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With QCOM’s analyst day come and gone, the stock is off its recent highs but not quite to the sweet spot of our weekly in-the-money fly (below). The idea for the trade was that the …
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With GM not breaking, we’re going to close this position entirely and look for another entry in the thesis down the road. Action: Sold to Close half of GM ($35.37 ) Oct 37/33 Put Spread …
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Earlier this week GM announced their Sept sales that were far worse than expected, and showed relative weakness to the better than expected results by F and Chrysler. Almost a month ago I bought …
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Webinar Reminder: Summer Trading Strategies – A Return to Volatility? – Mon, Jun 17, 6:00 PM EDT Register here: https://attendee.gotowebinar.com/register/84096497664919552 [hr] Earlier in the week I wrote a post previewing AAPL’s Word Wide Developers …
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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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