2nd Trade Update Dec. 13th, 2012: NKE is back down to the level that I originally bought the Dec7th /Dec22nd 95 Put Spread for 1.40 on Nov 30th. To refresh everyone’s memory, when the Dec7th 95 Puts expired worthless …
Continue readingTrade Update Dec
Trade Update Dec 11th, 2012 at 3:21 pm: Costco is finally seeing some profit taking with less than an hour to the markets close prior to tomorrow’s Q1 earnings report. With the market kind of bailing …
Continue readingUpdate Dec 11th, 2012: COST reports fiscal Q1 earnings tomorrow before the opening. The options market is implying about a 2.25% move following the report, which is rich to the 4 qtr avg and …
Continue readingTrade Update Dec 10th, 2012: Almost 2 weeks ago when it seemed like the month of December was going to be littered with daily price swings related to the horse-trading in Washington and the dramatic …
Continue reading