by Ian Cooper | Jan 1, 2015 | Forgotten Profits, Trade Alerts
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 Ian Cooper | Dec 23, 2014 | Forgotten Profits, Trade Alerts
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 | Forgotten Profits, Trade Alerts
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 17, 2014 | Forgotten Profits, Trade Alerts
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 | Forgotten Profits, Trade Alerts
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 5, 2014 | Forgotten Profits, Trade Alerts
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...
by Ian Cooper | Dec 3, 2014 | Forgotten Profits, Trade Alerts
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...
by Ian Cooper | Nov 25, 2014 | Forgotten Profits, Trade Alerts
“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...
by Ian Cooper | Nov 20, 2014 | Forgotten Profits, Trade Alerts
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...
by Ian Cooper | Nov 17, 2014 | Forgotten Profits, Trade Alerts
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...
