by Ian Cooper | Aug 8, 2014 | Uncategorized
This was an easy one. After the Street discounted Ross Stores (ROST), we jumped on it with the ROST November 65 calls at $2.50. As of today, ROST is up another $1.05, sending the calls to $3.20. If you’re happy with the current gain, sell to close half of the...
by Ian Cooper | Aug 7, 2014 | Uncategorized
This is just a suggestion. If you’re happy with current gains on the PETM October 70 put, sell to close just half of the position now. Hold the second half a bit longer. Hold all open positions… and be sure to look for newer trades shortly. As the market loses...
by Ian Cooper | Aug 4, 2014 | Uncategorized
Consider these trades higher risk. The Street absolutely hates these stocks right now. The blood is flowing in the streets. Fear has reached epic levels. But according to Baron Rothschild and Warren Buffett, that’s exactly when you want to buy. You see, as much as...
by Ian Cooper | Aug 4, 2014 | Uncategorized
When we picked up the SLV September 20 put on July 1, it traded at just 60 cents. These now trade at 90 cents. We knew the ETF was over-extended at historical resistance, where it failed and pulled back. Instead of risking this gain to a potential bounce, we’re...
by Ian Cooper | Jul 31, 2014 | Uncategorized
We’re not big fans of trading earnings, especially with a $5 billion camera stock just pumped on CNBC with $60 price targets. So, we’re recommending that you sell to close the second half of the GPRO October 43 call right now for up to 82% gains. Hold the put side of...
by Ian Cooper | Jul 30, 2014 | Uncategorized
Just days after recommending a buy on the KNDI September 19 put, the underlying KNDI stock fell well under $17. It was enough to send our put to $4 where it stands today. Only if you’re happy with the current gain on this trade, consider exiting just half of it...
by Ian Cooper | Jul 30, 2014 | Uncategorized
As hoped, Bed Bath & Beyond (BBBY) popped beautifully off the lows. Our BBBY August 60 calls – first picked up on June 17, 2014 at $2.70 — now trade at $4.20. That’s good for a 56% gain. Sell to close just half of the position. Hold the second half for a bit...
by Ian Cooper | Jul 28, 2014 | Uncategorized
We’ve had some losers in Forgotten Profits, but the win ratio is tough to ignore. Since we launched in December 2013, we’ve closed 30 winning positions and five losers for total cumulative gains of 1,629% in eight months. Not too shabby… Today, hoping to continue...
by Ian Cooper | Jul 24, 2014 | Uncategorized
After making a downside argument for silver on July 1, 2014, the metal has come down nicely. It’s now priced just under $19.60 and falling, failing at double top resistance. The move has now sent our SLV September 20 put from a 60-cent entry price to just under 90...
by Ian Cooper | Jul 24, 2014 | Uncategorized
When we picked up the EBAY January 2015 52.50 calls on June 30, the underlying stock was on the floor. MACD and RSI were excessively oversold, allowing us to pick up these calls around $2.60. The calls now trade at $3.70 for a gain of 42%. While there’s still plenty...
