by Ian Cooper | Aug 21, 2015 | Uncategorized
Last night, I recommended that you consider exiting just half of the DIA November 174 put for solid gains. This option last traded around $10.65. I’m now recommending that you exit the second half of the put option here to secure even more gains. I believe we are now...
by Ian Cooper | Aug 20, 2015 | Uncategorized
As we’ve been saying for quite some time, this is not a safe market. Today’s plunge was proof of that. But what’s scary is that it’s far from over. We just broke late 2014 support could very easily plunge to 16,000. We have to be prepared for anything. Our DIA...
by Ian Cooper | Aug 20, 2015 | Uncategorized
As we’ve been saying for quite some time, this is not a safe market. Today’s plunge was proof of that. But what’s scary is that it’s far from over. We just broke late 2014 support could very easily plunge to 16,000. We have to be prepared for anything. Our DIA...
by Ian Cooper | Aug 19, 2015 | Uncategorized
I was on vacation the other day with family. I didn’t have to pay which made it even more relaxing. Some how they talked me into swimming with dolphins… My dolphin was a bit, well… aggressive and overly “affectionate.” Perhaps it was the wet suit I was forced to wear....
by Ian Cooper | Aug 18, 2015 | Uncategorized
I’ve been involved in the market for 16 years… With the exception of the subprime fiasco that helped me capture some incredible gains using put options on the overall market and subprime, Alt-A names, Bear Stearns and Lehman Brothers, I’ve never seen a market quite...
by Ian Cooper | Aug 6, 2015 | Uncategorized
The worst isn’t over… It’s only jut begun. The Dow had just broken previous support, we warned, and could send the Dow to 17,250 unless something big happens. Since then, the Dow attempted to stage a move higher on nothing. But that has since failed as we now...
by Ian Cooper | Aug 6, 2015 | Uncategorized
“The worst is far from over, “ I noted on July 27, 2015. The Dow had just broken previous support, we warned, and could send the Dow to 17,250 unless something big happens. Since then, the Dow attempted to stage a move higher on nothing. But that has since failed as...
by Ian Cooper | Jul 28, 2015 | Uncategorized
Weeks after taking nice gains from the Micron put side of the hedge, we’re ready to exit the MU October 20 calls for respectable gains, too. The October 20 call now trades at $1.62 x $1.66, per eTrade. Let’s sell to close that position here to secure the gain. Ian L....
by Ian Cooper | Jul 27, 2015 | Uncategorized
On July 22, 2015, I noted, “The worst is far from over.” I recommended a buy on the DIA November 2015 177 put up to $6 with that note. Since then, the Dow fell another 300 points to the downside. Still, the worst is far from over… The Dow just broke previous support...
by Ian Cooper | Jul 22, 2015 | Uncategorized
There’s just no rhyme or reason to the market these days… China, Puerto Rico, Greece, Russia, Iran, oil, gold… you name it. And it’s making a mess of the market. The Dow fell 200 yesterday. We’re down another 90 today… after challenging historic resistance that’s...
