For some time now we have stated our belief that AAPL stock would likely remain range-bound through year end. On November 10th we detailed a trade to add yield for those that were long AAPL …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Nov 9th to Nov 13th: Monday Nov 9th: Trade Idea – $XLU: Utility Playa *Trade: XLU ($42.25) Buy …
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In early October, following a fairly massive rally in equities from the September lows, we entered a long VIX trade with the idea market volatility was unlikely to abate anytime soon. Here was one of …
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As you’ve heard me say before, I am not an economist, so I generally avoid trying to apply Fed speak and economic data to my day to day trading. There are plenty of financial media voices …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Oct 5th to Oct 9th:
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Spot VIX has had a fairly historic period, putting in 52 week lows in early August, seven year highs on August 24th, and now a decline back towards the historical mean. Vol is coming out …
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The VIX has been on a roller coaster the past few weeks, spiking as high as 50 on August 24th and then settling back near historical means with the slow creep higher in the SPX …
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Event: Oracle (ORCL) is set to report fiscal Q1 results tomorrow after the close. The options market is implying about a 5% move between now and the end of the week, which is actually shy …
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Volatility ETFs like VXX and XIV are quite popular. But I often wonder whether the people trading them truly understand what they are buying and selling. I’m going to try to explain exactly what’s going …
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To state the obvious, the price action yesterday in media stocks was atrocious, with both Disney (DIS) and Time Warner (TWX) closing down about 9%. What’s troubling about a one day moves of that magnitude …
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