Buying Near-term Gaming Puts (ATVI, TTWO, EA)

After a good amount of research over the weekend, the short side of gaming companies has piqued my interest, including Take Two (TTWO), Electronic Arts (EA) and Activision (ATVI). Each is technically over-extended to the upside.  With TTWO, for example  RSI and MACD...

Buying GILD February Put & SNY June Call

After taking quite a few wins off the table, I still hold losses in the portfolio. All remain on hold, though, with plenty of time remaining on most. One of the big winners still being held is the GILD January 105 put. We now show a gain of 48% on the trade and...

Taking Big Profits on BABA Calls

While holding the newly issued BABA March 140 and 145 calls, let’s protect some gains here. Consider selling to close the second half of the BABA July 135 calls for up to 245% gains… Also, consider selling to close just half of the BABA July 145 calls for up to 93%...

Opening more BABA Calls

With a normal stock, we wouldn’t see these gains this fast. But when it comes to BABA, we’re not dealing with a normal stock. The stock doesn’t appear to know what down means. It’s just moving aggressively higher. With a $200 price target, I’ll continue to recommend...

Exiting UNG Positions & BABA Update

After watching the latest move in natural gas names, United States Natural Gas (UNG) is now looking a bit over-extended to the upside. It needs to reverse from overbought RSI and MACD, as well. I may look to reissue a new trade on UNG on any near-term pullbacks....

Exiting Half of UNG, and UNG January 21 Call

I am shocked, just shocked that winter is coming. Can you believe it? Why didn’t any one tell me, or the naïve bears that continue to write off natural gas futures, even though said futures rise and run when winter approaches? Next you’ll tell me there are warm months...

Buying to Open the BABA July 2015 145 Calls

The gains with BABA have been tough to ignore… Between October 1, 2014 and now, I’ve recommended taking gains of 106% and 130% on the BABA January 90 calls, 74% and 65% gains on BABA April 105 calls, and just yesterday, a gain of 85% on half of the BABA July 135...

Exiting Half of GILD Put, Exxon Call

Exxon Mobil (XOM) is beginning to run into overhead resistance again. Consider selling to close the second half of the XOM January 95 calls here. The first half of this trade was exited on October 31 for gains of up to 52%. Also, consider selling to close half of the...

Exiting DIA and BABA Positions for Solid Gains

Our DIA December 168 calls now show a gain of 122% from a $3.15 entry price. Instead of risking the gains to market over-extension, consider selling to close the trade right now to secure. There’s also a current gain on the BABA July 135 calls. After recommendation,...