Exiting XIV, VXX, and RIG

Unbelievably, the markets are screaming higher. I’m just not sure how long this can last. The bulls have completely lost their minds, thinking all is okay. But it’s not. It’s a wait and see right now. For the time being, let’s take more gains off the table. Sell to...

Closing P67 Positions +5.3% Opening P68 Positions

On Friday February 20, 2014 we will close positions that were opened on January 23, 2015 for a 5.3% gain. Those positions are as follows: Ticker Return % Start Price End Price INT 11.6 48.75 54.4 ANW 2.5 14.01 14.35 SKYW 5.7 13.21 13.95 BKS 2.4 24.07 24.65 ARW 10.4...

Higher Risk Opportunities in XOM and RIG

Oil has been moving higher in recent days, but I do not think it’ll last. There’s still too much supply on the market, as compared to demand… and bulls forget this. Even though rigs are being shut down, it’s not changing the amount of excess supply. We also have to...

Opening DIA April 2015 179 Put

Hello all… Ian Cooper here. I’ve been watching the market with great concern, as the major indices challenge heavy triple top resistance with bearish signs on MACD, MFI and RSI beginning to emerge. If this top gives way with no real sustainable news or momentum, the...

Opening DIA April 2015 179 Put

Hello all… Ian Cooper here. I’ve been watching the market with great concern, as the major indices challenge heavy triple top resistance with bearish signs on MACD, MFI and RSI beginning to emerge. If this top gives way with no real sustainable news or momentum, the...

DECK: Exiting Current Positions and Opening New

DECK is up another $1.26. The move has only accelerated our gains on the DECK March 75 and April 75 calls. But with time decay ticking higher, I’m recommending that you sell to close these two calls for very easy, quick gains. Congratulations on such fast gains. At...

Exiting half of DECK 75 Calls

DECK is up another $2.36 on the day to $75.10. The move has added some good upside to our newly bought DECK March 75 and April 75 calls. While I’m still looking for a bearish gap refill, I’m recommending that you sell to close half of these trades today to secure...

Exiting Silver Put & Consider LEN Put

In late January 2015, I recommended exiting half of the SLV April 18 put for gains. Today, believing SLV could reverse higher I’m recommending that you exit the second half, while holding the long-dated SLV January 2016 18 call. Hold all other positions. Over the last...