Earlier today we entered in a new trade in the IWM (read here) based on a few factors, most notably the pattern of increased downward volatility in the first few weeks of a new quarter …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. QQQ – the Nasdaq 100 etf saw a large bearish roll when the etf was $105, a trader sold 50,000 of the Mat …
Continue readingIn late Feb we took a bearish stance on the Nasdaq with a put spread in the QQQ when it was $109. Here’s the original trade and rationale: TRADE: QQQ ($109) Buy to Open May …
Continue readingHere is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. QQQ – on a day that saw the Nasdaq Composite close above 5000 for the first time since March …
Continue readingOn December 19th (below) we placed a bearish trade in the Nasdaq 100 (QQQ) with the intention to sell some premium on a short dated basis in an effort to help finance the purchase of …
Continue readingAs we’ve mentioned on a couple occasions our preferred structure into year end has been slightly bearish put calendars that looked to take advantage of the high likelihood that the market would creep to highs …
Continue readingDespite the recent bout of volatility across almost every major risk asset in the world, it has been my view that U.S. equities were likely to close at or near the highs for the year, …
Continue readingThere is a a bifurcation of haves and have-nots in the year to date performance in technology shares. Apple, Microsoft, Intel and Facebook have done much of the heavy lifting for the tech heavy Nasdaq, …
Continue readingI am gonna keep this real simple. In the month’s leading up to Markets in Turmoil 2014™ there was much talk of the divergence between large cap and small cap stocks, as the Russell 2000 …
Continue readingIn mid July Google reported Q2 results that exceeded most estimates showing strong revenue growth of 27% year over year, its largest quarterly gain in almost 3 years as the company saw a greater than …
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