FB traded down to the 28 level on Monday, only to bounce back the past 2 days. I am taking off the second half of my range trade today, mainly because the risk/reward is not …
Continue readingOriginal Trade Jan
After FB reported earnings yesterday, my range trade gained a good chunk of value as elevated implied volatility came down after the event. I got a great question this afternoon from a reader: Enis: This …
Continue readingI initiated a range trade on STZ on January 8th ahead of its earnings report. I ended up with much more than I bargained for when I got into this position. Check out the 17 …
Continue readingYHOO is essentially unchanged here, and I have a double on my hands. I actually think there is a decent chance of YHOO pinning the 20 strike by Friday, but that’s still 3.5 trading days …
Continue readingGOOG’s earnings are out, and my call calendar from yesterday was designed as a one-day trade, so with a winner on my hands, I don’t want to overstay my welcome. Ideally, I would have chosen …
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