by Ian Cooper | Jan 1, 2015 | Uncategorized
Happy New Year to all of you! Here’s to a happy, healthy profitable year. After some losses – and some great wins — in late 2014, we hold all open positions. Our last trade on the VXX March 32 put returned 20% and 22% in days. And our XIV stock trade gave us a...
by ADRIAN MANZ | Dec 23, 2014 | Uncategorized
On Friday December 26, 2014 we will close positions that were opened on November 28, 2014 for a 2.5% loss. Those positions are as follows: Ticker Return % Start Price End Price SVU 4.1 9.36 9.74 SKYW -1.6 12.5 12.29 JAKK -7.3 7.36 6.82 HOV -6.5 4.3 4.02 ELNK -3.1 4.39...
by Ian Cooper | Dec 23, 2014 | Uncategorized
Gilead (GILD) broke its 200-day moving average to the downside. Unless something positive happens, the stock could fall under $85. However, I’m recommending that you sell to close this GILD February put option today to secure the gain, given the higher rate of time...
by Ian Cooper | Dec 22, 2014 | Uncategorized
Sometimes all you need is a little patience. Shares of GILD are down $14.20 today. That brings our GILD February 2015 97.50 to about $6.60 on the day. Sell to close half of the trade right now. Coca-Cola (KO) is up another 40 cents on the day to $42.35. That moves...
by Ian Cooper | Dec 22, 2014 | Uncategorized
The Dow is challenging a double top. If this fails, we could easily re-test the 50-day moving average 500 points below. I’m recommending that you exit the XIV stock trade, as well as the VXX March 32 put to protect gains should that happen. Since this is a holiday...
by Ian Cooper | Dec 19, 2014 | Uncategorized
If you’re happy with current gains on the VXX March 32 put, and the XIV stock trade, consider exiting half of both today. Thankfully, we got into these a day before the Dow rallied 400 points yesterday, sparked by massively oversold technical reads. I’m recommending...
by admin | Dec 17, 2014 | Uncategorized
Always keep an eye on volatility. When the market swan dives, as it did recently, volatility as measured by the Volatility Index (VXX) rockets higher. When the market recovers as it’s beginning to do, volatility snaps back, and begins to revert to mean. Unbelievably,...
by Ian Cooper | Dec 17, 2014 | Uncategorized
After a long, rewarding win streak, the last few weeks have been “interesting.” But I’m not changing the strategy. The oil names may have been bought a bit too early, but remain on hold, as oil begins to show signs of life again. The game stocks (TTWO, ATVI, and EA)...
by Ian Cooper | Dec 12, 2014 | Uncategorized
After a strong win streak, we do have positions that are down. Consider holding them all at this point. Oil is oversold. Gaming stocks are overbought. And our drug stocks are over-extended. Hold them all. The markets are a bit wild, too. After falling about 400 points...
by Ian Cooper | Dec 9, 2014 | Uncategorized
There’s good news and bad news. The bad news is we need to close out the SLV December 18 call, as well as the second half of the Janus December 15 put. The first half of the Janus put was closed with gains of 28%. These should have worked out much better than they...
