Trade Update June 21st, 2013: Earlier this morning CC updated our thoughts heading into today’s expiration in his Considering Our Options post (here) and the conclusion was with both spreads at intrinsic value that …
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Trade Update June 21st, 2013: I am going to go back to the weakness in European Bank stocks that I highlighted last week as the impetus to initiate the bearish view on the XLF. …
Continue readingI have mentioned the relative weakness of European banks over the last 2 weeks on more than one occasion by highlighting the EuroStoxx Bank Index (SX7E). Prior to reversing today, the index was down 12% …
Continue readingOk, before the open I laid out the case for Short XLE via Long Premium and Long XLU via Short Premium, and why I liked the 2 as a pairs trade. When XLE was up …
Continue readingEarlier this morning I laid out the case for long XLU, short XLE (below), With the XLE up I am going to leg into this pairs trade and put on this portion and look to …
Continue readingMorningWord 6/6/13: Over the last week Enis has laid out his bearish near term thesis for oil (here) and traded (here) via USO options. Enis is obviously focused on the commodity but in a market environment …
Continue readingFor those that missed our Webinar on AAPL’s earnings here’s a link to the recorded version: https://attendee.gotowebinar.com/recording/4615196009414955008 MorningWord 4/23/13: The SPX continues to thumb its nose at the rest of the investment world. Last …
Continue readingReminder: Enis and I will be Hosting a Free Webinar Tonight at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate options trade structures that we are considering to play the event. Register here: http://goo.gl/I93Ay …
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