Exit half of silver put and more…

After making a downside argument for silver on July 1, 2014, the metal has come down nicely.  It’s now priced just under $19.60 and falling, failing at double top resistance.  The move has now sent our SLV September 20 put from a 60-cent entry price to just under 90...

Sell to Close EBAY January 2015 52.50 Calls

When we picked up the EBAY January 2015 52.50 calls on June 30, the underlying stock was on the floor. MACD and RSI were excessively oversold, allowing us to pick up these calls around $2.60. The calls now trade at $3.70 for a gain of 42%. While there’s still plenty...

Exit HIMX, Enter KNDI and XLNX

Before we get into a new opportunity, we have to get rid of the Himax (HIMX) positions in the portfolio. We can’t look at them any more.  This company had such an opportunity with Google Glass… and it just fell apart.  If you haven’t done so already, close them out. ...

[Update] Hold all positions

With just a “little” bit of geopolitical tension raging, the market has taken pause at an historic top.  Russia, Ukraine, Israelis, Palestinians, Middle Eastern folks, and our own economic uncertainties at home have created such chaos the market doesn’t know where to...

Buy to Open LL November 2014 60 calls up to $5

After closing many winners since we launched in December 2013, we do have some positions that are down.  We have no worries about them, though… and are continuing to hold all open positions. We’ve been watching Lumber Liquidators (LL) closely after watching it plunge...

Closing P59 Positions +2.4% Opening P60 Positions

Tomorrow on Friday July 11, 2015 we will close our June positions that were opened on June 13, 2015 for a 2.4% gain. Those positions are as follows: Ticker Return % Start Price End Price YRCW 15 24.56 28.24 PBY 2.7 10.69 10.98 CECO -0.8 4.83 4.79 KT 0.8 14.76 14.86...