by Ian Cooper | Oct 3, 2014 | Uncategorized
This has been one of the wildest markets we’ve ever seen in recent months… Last Thursday, we fell 265 points on an over-extension we’ve discussed. The next day, the market shot up 165 points. By Monday and Tuesday, the market lost its mind again. On Thursday, we...
by Ian Cooper | Oct 1, 2014 | Uncategorized
[Trade Alert] Exit half of the Dow put Even though the Dow could easily shed another 400 points to the 200-day, we want to protect some of our DIA November 169 put gains. Exit half today. These last traded at $4.40. The market has completely lost its mind on those...
by Ian Cooper | Oct 1, 2014 | Uncategorized
As expected, the market is continuing to break down to that 200-day moving average on economic realities. We hold all open positions, despite this move. Going forward, until the market finds and holds that 200-day, we have to be incredibly cautious. As promised,...
by Ian Cooper | Sep 29, 2014 | Uncategorized
On August 8, 2014, we issued a buy alert on the MCD December 95 and January 95 calls at $2 and $2.20, respectively. On Monday, following a report from JP Morgan analysts, the stock jumped $2 a share. That move sent our December 95 calls to $3.15, handing us a gain of...
by Ian Cooper | Sep 29, 2014 | Uncategorized
Stay tuned for that BABA options trade we promised. We’re waiting for them to open, as scheduled today. We’re still holding all open positions, including the silver calls that have under-performed to date. Silver is still massively oversold, though. It’s why we...
by Ian Cooper | Sep 29, 2014 | Uncategorized
While holding all other positions in this chaotic mess we call a stock market, sell to close the DIA November 169 put for gains right now. The market looks like it wants to reverse higher after plummeting 170 points at the open. Once you close out that put, buy to...
by Ian Cooper | Sep 25, 2014 | Uncategorized
We continue to hold all open positions. We see no reason to exit any but this one. Just yesterday, before the market ran up on absolutely nothing, we issued a buy alert on the DIA November 2014 169 put. Shortly after, we heard that some of you bought between $2.30...
by Ian Cooper | Sep 24, 2014 | Uncategorized
After a massive run of winners since December 2013, we do have some positions that are down. We see absolutely no reason to exit any of them at this point, though, holding with plenty of time remaining. While we’re watching new trade opportunities, we have to be very...
by Ian Cooper | Sep 24, 2014 | Uncategorized
As Lennar (LEN) breaks down, the second half of the Lennar November 40 put hit $2.10. That’s a 75% gain from a $1.20 price since September 17, 2014. You should consider selling to close this position to secure gains. Hold all other positions, including the silver...
