QCOM reported their Q2 results last night after the close that beat street consensus and came in near the high end of their previous guidance. While Q3 guidance came in a tad light to consensus, …
Continue readingTheoretical Trade
Dan presented a fairly comprehensive preview of the issues AAPL faces ahead of earnings tonight. I wanted to pivot off of that post and look at some options structures into the print that offer protection …
Continue reading
About a month ago I put on a bearish trade in BA (below) as the stock was making new multi-year highs heading into the Paris Airshow, following a seasonal pattern of rallying into the event …
Continue reading
MorningWord 6/25/13: Investors / traders often convince themselves that when risk assets trade near nice round numbers (to the upside or downside) the underlying has reached an inflection point. AAPL is a perfect example where …
Continue readingTrade Update June 24th, 2013 at 12:24pm: With BA down 6% in a week since placing this near term bearish bet, I am going to take my profits and move on as the stock could …
Continue reading
Summer Swoons For whatever reason, most notably seasonality in economic data (something we’ve written about alot here at Risk Reversal) coming out of the financial crisis, the summer months have become one of the …
Continue readingWhen I wrote this hypothetical trade up on Friday, my apprehension at the time was too press the short on a down day in the market, and as the stock had reversed 1.5% from the …
Continue readingI am going to keep this one really simple. BA has defied all critics, simple logic and gravity in 2013. The stock is up 35.5% this year, trading at all time highs despite spending much …
Continue reading
Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was April 15th through April 19th: Webinar Reminder: Join us Mon April 22nd …
Continue reading
Thanks to Jon Najarian and the OptionMonster crew for a fun hour talking shop. Archived Video of the Webinar Webinar 2/13/13: Trading Tech in 2013 with Options The most attractive uses for …
Continue reading