Buying to Open the WMT March 2015 82.50 Put

Other than the overall market, one of the most ridiculously overbought stocks is Wal-Mart (WMT), setting up for a fall similar to what we saw with KB Home and Lennar over the last week. MACD is topping out and reversing. RSI is in the process of pulling back from...

[Update] Hold American Airlines Put

Our American Airlines (AAL) has started out a bit rough. But I see no reason to exit the trade. I went out to May 2015 with this trade on purpose, knowing very well it would take time for the trade to work out because of oil. These airline stocks are unbelievably...

Exiting KBH April 17 Put for Gains

Knowing just how bizarre this market really is, consider selling to close the second half of the KB Home (KBH) April 17 put for gains of up to 79% on the second half. The first half was exited for gains of up to 53% on December 2, 2014. Since recommendation, the...

Buying To Open AAL May 2015 Put

After a steady win streak, we do hold some losses. But we’re continuing to hold them all. As we wait for them to pan out, as they should, we do want to add a long-term trade on airline downside. The biggest reason airlines stocks – like United Continental (UAL) and...

Exiting Half of KB Home Put & Update

As 2014 draws to a close, we wanted to personally thank you for your continued support of Inside Value Trader. While the year was quite successful, 2015 is shaping up to be even better for us, as the markets over-extend, and as oil, solar and gas names bottom out...

Closing P64 Positions -1.2% Opening P65 Positions

Tomorrow on Friday November 28, 2014 we will close positions that were opened on October 31, 2014 for a 1.2% loss. Those positions are as follows: Ticker Return % Start Price End Price ALJ -12.8 16.04 13.96 SKYW 8.6 11.52 12.5 BKS 7.1 21.82 23.36 NOR -13.5 4.41 3.81...

[Update] Hold the gaming put options…

“Ian, I’ve really enjoyed Forgotten Profits, and made some good money with you so far.  But I’m a bit concerned about the gaming puts you just recommended.  What should we do?” In references to the trades on Take-Two (TTWO), Electronic Arts (EA) and Activision...

Opening KBH and LEN puts

After a respectable run of good wins – especially the BABA call trades – we still hold all open positions. We see no reason to exit anything. We’re also running into a bit of market “fun” these days, as volume ticks lower ahead of the Thanksgiving break. Be prepared...

Exiting MCD, OC and VALE

After a great win streak, I do hold losers. Most remain on hold. If you’re still holding the VALE December 12 call, let it expire. This trade should have worked out much better than it did. At the same time, it’s time to exit the second halves of the MCD December 95...

Exiting GILD January 105 Put for Gains

On Friday, I issued a new buy on the GILD February 2015 97.50 put, and the SNY June 2015 47 calls. Both are already showing gains. Hold both… Even though I do see further downside in the GILD stock, I do want to secure gains on the second half of the GILD January 105...