by Ian Cooper | Feb 9, 2015 | Uncategorized
Let’s protect some DECK gains. Sell to close the DECK June 2015 67.50 calls, as well as the April 70 calls for gains. I just want to protect current gains. Be sure to hold the DECK April 75 calls and March 75 calls, though, as well as the underlying stock. DECK is...
by ADRIAN MANZ | Feb 5, 2015 | Uncategorized
While holding all open trades, consider a put option on Dunkin Brands (DNKN). After filling its bearish gap, shares look a bit toppy, with reversing MACD, RSI and MFI. I’d like to see a drop to at least $43,50 on the stock. At the moment, DNKN is a bit of a volatile...
by Ian Cooper | Feb 5, 2015 | Uncategorized
Our DECK trades are working out very well… and we see no reason to exit any more of the trades at the moment. What I want to do now, though, is open new call options, as MACD, RSI and MFI remain at oversold levels. I still think DECK could move to refill its gap at...
by Ian Cooper | Feb 4, 2015 | Uncategorized
If you’re good with the latest gains on the KBH March 12 and April 12 calls, consider protecting gains by exiting half of each position. I’d like to see KBH refill its bearish gap at $16.50 before closing the second half. I may hate homebuilder stocks, but the...
by Ian Cooper | Feb 3, 2015 | Uncategorized
Shortly after issuing trades on the DECK stock, the June 67.50 calls, and the April 70 calls, news hit that Goldman Sachs upgraded the name, arguing for 30% upside. We were in long before the news hit. Today, the underlying stock is up another $2.15 on the day,...
by Ian Cooper | Feb 2, 2015 | Uncategorized
I’m sure you’ve watched as the Dow sank 500 points. It hasn’t been pretty. What’s a bit worrisome is this. If the Dow fails to hold that 200-day moving average, we could potentially fall to test 16,000. Let’s hope that doesn’t happen. Because of such wild...
by Ian Cooper | Feb 2, 2015 | Uncategorized
My eTrade information didn’t update correctly. In the last alert, we mentioned buying the DECK June 2015 67.50 call up to $2.30. I was quoted a price of less than that originally. When it corrected, I had a bid-ask of well over $6. If you still bought at the...
by Ian Cooper | Feb 2, 2015 | Uncategorized
IMPORTANT: Make sure you read this post as there was an error with this price quote. In December 2012, Deckers Outdoor (DECK) warned on sales. The stock fell from about $50 to $35 before recovering to $66 highs. In 2014, the stock fell from $90 to $75 on sales again...
by Ian Cooper | Jan 29, 2015 | Uncategorized
On January 21, 2015, we just finished banking 53% and 42% gains on the iShares Silver (SLV) January 2016 15 calls earlier than expected. I then recommended buying a silver hedge because the silver was topping out. I mentioned buying the SLV January 2016 18 call and...
by Ian Cooper | Jan 29, 2015 | Uncategorized
Shares of Alibaba are in free fall after failing to live up to expectations. So we are recommending one of two things. One, sell to close the remaining call options. Or, two, allow them to expire. Fortunately, we have done quite well with calls on this trade in the...
