Today’s tickers: AIG, ABC, RGS, & CSCO AIG – Investor uncertainty over the fate of the insurance company surged this morning following extremely bearish reports from analysts at Citigroup. One analyst at Citi...
Read MoreWheee, what a day yesterday! Of course we hit it out of the ballpark with our ICE puts as that stock melted so fast it turned to vapors (or at least the calls did!). Fortunately, we had the puts and the Aug $95 puts I mentioned...
Read MoreToday’s tickers: MS, EXPE, FCX, VIX, XRT, GPS, XLP & WFC MS – A massive, albeit lopsided, butterfly spread was established on MS today amid a more than 3.5% decline in shares to $25.19. The highly bearish play...
Read MoreOur first down week! In last week’s $111,659 Portfolio Update, we had a fairly bearish stance expecting a downturn and now we are riding it out. The top-line of the portfolio was hit because we bought back out FAZ covers...
Read MoreToday’s tickers: PCS, EEM, GIGM, AIG, DFS, GE, PBR & HGSI PCS – The wireless communications provider has experienced a more than 4.5% rally in shares today, attracting bullish option traders to the field. One...
Read MoreToday’s tickers: WFT, XLE, MS, AET, IYR, SCHW, UNG, & AMTD WFT – The slight 1.5% decline in shares to $18.02 today has not deterred some option traders from making bullish plays on the oil and equipment services...
Read MoreWhat a difference a week makes! Just a week ago, I was apologetic for being so bearish on the markets. People were complaining that the writers at PSW were “too negative” and that we were out of step with the MSM,...
Read MoreBy Travis W of PursuingWealth.com Finding investing education advice for stock options trading can be a frustrating endeavor at times. New traders often share with me that it feels like the options trading community is a very...
Read MoreWheee, what a great way to end the week! As I mentioned in yesterday’s post, we had gone into the day flipping our short firepower to BG $60 puts at $1.30 and TOT $55 puts at $1.20 as well as our remaining DIA $84 puts at...
Read MoreToday’s tickers: MOT, AXP, JOSB & ILMN MOT – A large-volume bullish reversal initiated in the October contract on MOT today suggests some investors are positioning for a rally. Currently shares are off by more...
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