In what has become a disappointing trend for eBay investors, the company once again lowered guidance for the following quarter on this quarter’s results. EBAY beat earnings by a penny and barely missed revenues, but …
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MorningWord 10/14/13: EBAY will report their Q3 earnings Wednesday after the close. The options market is implying about a 5% move following the results, which is essentially inline with the 4 qtr avg move and …
Continue readingTrade Update Oct 12th 2012 at 11:54 am: With financials taking a breather on WFC and JPM’s results this morning, I am going to close out the balance of my AIG Jan 35/40 Call Spread …
Continue readingTrade Update Oct 4th 2012 at 11:35 am: Since buying this Jan Call Spread over 3 weeks ago, AIG has rallied about 5%, and the spread is worth about 35% more than what I paid. …
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Overnight, the U.S. Treasury sold $18 billion (or about 554 million shares) of their stake in AIG, leaving about 317 million shares. Shares most expect the Govt to exit by the end of Q1 2013, …
Continue reading3rd Trade Update July 10th, 2012 at 11:49am : With Citi at $26.07 I sold the second half of the July 28/25 Put Spread that I bought the day of the FOMC meeting in June …
Continue reading2nd Trade Update June 25th, 2012 at 10:46am : Since initiating this short position in C last Wednesday, the stock has sold off about 8%, while I think there is plenty more to go, with stock at …
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Update- New Trade June 20th at 12:50pm: We wanted to to wait for the Fed Statement before initiating another short structure in C, but with the news out, and little help on the way, we see the likelihood of European …
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