In the morning following AAPL’s Q1 results we looked to fade the move to recent highs as we thought the $120 area would provide resistance, especially in a broader market that seemed shaky at the …
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Following AAPL’s better than expected earnings and the pop in the stock back near all time highs we detailed a nice risk/reward set-up that we said wasn’t for everyone, but for those that liked the …
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Earlier I gave a few anecdotal thoughts on AAPL’s Q1 results and Q2 guidance and some thoughts on the true believer mentality of retail investors. There was nothing about the report that said SHORT, but …
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On December 4th we closed a bearish put fly (expiring in December) in Zillow for a double. Here was that trade: ACTION – Sold to close the Z ($71.65) Dec 80/65/50 put butterfly at 7.20 …
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Zillow has been wild since we put on this bearish Put Fly (below) trade on but it’s been consistently lower highs and lower lows to this point. With only a few weeks left until expiration …
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Zillow has had a wild ride this morning following its better than expected earnings results last night. The stock put in its high of the day on the open which coincided with its 50 day …
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Earlier today Enis previewed Z’s Q3 results expected after the close (below) where he concluded: Without any strong fundamental backing, and little in the way of a competitive moat, we are not optimistic on this …
Continue readingTrade Update May 16th, 2012 at 9:33am: Well we had a couple things right on our analysis heading into this trade last night, we thought that the options market was right on this one and that …
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JCP reports Q1 earnings tonight after the close. -The options market is currently implying a ~10.5% move up or down following the report, which is massive compared to the last 4 qtrs avg move of only …
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