Closing P70 Positions +3.7% Opening P71 Positions

On Friday May 15, 2015 we will close positions that were opened on April 17, 2015 for a 3.7% gain. Those positions are as follows: Ticker Return % Start Price End Price TA -11.6 17.13 15.15 JAKK 0.3 7.19 7.21 BKS -4.6 23.15 22.08 NTLS 54.1 5.51 8.46 GMAN -18.9 8.36...

Exiting half of GMCR Call

While holding all other open positions, consider selling to close just half of the GMCR July 105 calls. I recommended a buy on this as recently as Monday as it traded around $3.45. It now trades at $4.60. Exit half. Hold the second half. Ian L. Cooper Forgotten...

Consider GMCR July 2015 105 Calls

I’m sure you’re aware of what’s still happening on Wall Street. On Friday, we were up 260 on the jobs report. Unfortunately, there’s not much truth to the report. If you want to see real numbers, look at the U6. Today, we’re down 65, sitting at the upper range of the...

Consider DIA June 2015 180 Put

I’m sure you’re aware of what’s still happening on Wall Street. On Friday, we were up 260 on the jobs report. Unfortunately, there’s not much truth to the report. If you want to see real numbers, look at the U6. Today, we’re down 65, sitting at the upper range of the...

Exiting half of PG Calls

That was fast. On Wednesday, we issued a buy on the PG July 2015 80 calls, as they traded around $1.85. Today, the position is up to $2.50 on last trade. If you’re happy with the gain, consider selling to close half for a quick two-day gain. Have a great weekend. Ian...

Consider Buying to Open PG Calls

Sixteen years of trading stocks and options… Sixteen years of 85% success rates.

 Sixteen years of nailing perfect calls on housing, the financials, and the greater economy… Five minutes with my Uncle Mike, and apparently I have no idea what I’m talking about. There...

Exiting LEN and DIA Put, and Half of AT&T Put

Something has to give with this market. We’re stuck in a range-bound nightmare, bouncing between 17,850 and 18,100. It’s been like this for that last couple of months. Just this morning, we opened up about 90 points. We’re now down 80 20 minutes later. That’s...

Exiting half of DIA June 179 Put

I’ve talked a lot about market downside. It’s why we opened a put on the DIA June 179 at $2.85. Today, as the market continues to pull back, that put last priced at $3.80. I’m recommending that you sell to close half today. I don’t believe the move lower has ended....

Buying to open the ERIC July 2015 11 call

I told you this market was nuts. We’re still stuck in a tight channel bouncing between 17,800 and 18,100. And I’m concerned where the Dow will finally break. As the market wobbles, though, I am still finding oversold opportunities we can sneak into for near-term...

Buying to open the DIA June 2015 179 put

I told you this market was nuts. We’re still stuck in a tight channel bouncing between 17,800 and 18,100. And I’m concerned where the Dow will finally break. We could easily pull back to less than 17,750 this week as it finds the usual overhead resistance point. I’m...