Exiting BABA Trades

Shares of Alibaba are in free fall after failing to live up to expectations. So we are recommending one of two things. One, sell to close the remaining call options. Or, two, allow them to expire. Fortunately, we have done quite well with calls on this trade in the...

Hedging Mattel (MAT)

“Ian, thanks for the service. Sorry you broke your wrist. Speedy recovery. Can I get your thoughts on Mattel? What’s the best way to trade it here?” Thanks for the kind words. Mattel is a bit of a mess at the moment. Its CEO just stepped down, as the company...

Weekly Portfolio Update

Please join us this Friday, January 23, 2015 at 12 EST for the latest Forgotten Profits webinar. Over the last week, I opened a position in Finish Line (FINL) with a May 25 call at a price of $1.65. It currently trades at $1.45. I see no reason to exit. After testing...

Jan. 13 Cart of the Day – NATGAS

One of the most feared trades on the market is natural gas. But if you look at it from a historical perspective, it’s at a point where it finds support and begins to move higher, despite supply-demand issues. In most years – with the exception of 2011 – natural gas...