by Ian Cooper | Aug 11, 2014 | Forgotten Profits, Trade Alerts
There’s good news… and there’s bad news. The bad news — The second half of the Bed Bath & Beyond (BBBY) August 2014 60 call is down 11%. Close this position today for a loss, as we head into Friday expiration. We walk with a net gain on this trade, though, after...
by Ian Cooper | Aug 8, 2014 | Forgotten Profits, Trade Alerts
This was an easy one. After the Street discounted Ross Stores (ROST), we jumped on it with the ROST November 65 calls at $2.50. As of today, ROST is up another $1.05, sending the calls to $3.20. If you’re happy with the current gain, sell to close half of the...
by Ian Cooper | Jul 30, 2014 | Forgotten Profits, Trade Alerts
As hoped, Bed Bath & Beyond (BBBY) popped beautifully off the lows. Our BBBY August 60 calls – first picked up on June 17, 2014 at $2.70 — now trade at $4.20. That’s good for a 56% gain. Sell to close just half of the position. Hold the second half for a bit...
by Ian Cooper | Jul 28, 2014 | Forgotten Profits, Trade Alerts
We’ve had some losers in Forgotten Profits, but the win ratio is tough to ignore. Since we launched in December 2013, we’ve closed 30 winning positions and five losers for total cumulative gains of 1,629% in eight months. Not too shabby… Today, hoping to continue...
by Ian Cooper | Jul 24, 2014 | Forgotten Profits, Trade Alerts
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...
by Ian Cooper | Jul 21, 2014 | Forgotten Profits, Trade Alerts
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...
by Ian Cooper | Jul 14, 2014 | Forgotten Profits, Trade Alerts
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...
