by Ian Cooper | Oct 31, 2014 | Rapid Retirement System, Trade Alerts
On October 27, 2014, I recommended a hedged bet with VXX calls and DIA calls heading into the Fed announcement. Since then, the VXX calls have lost -49%. But we’re continuing to hold on market over-extension. At the same time, though, the DIA December 168 calls have...
by Ian Cooper | Oct 29, 2014 | Rapid Retirement System, Trade Alerts
As much as I hate doing this, I do it to protect gains. If the Fed says the wrong thing this afternoon, they will crash the market furiously. While that’s the last thing any of us want to see, it’s best to prepare for it. While holding the BABA July 135 calls,...
by Ian Cooper | Oct 28, 2014 | Rapid Retirement System, Trade Alerts
Consider the following: • Sell to close SLV November 18 calls at a loss. • Sell to close half of DIA December 166 calls for a gain. • Sell to close half of the BABA April 2015 105 calls for a gain. • Hold the BABA January 90 calls that have now returned up to 146%...
by Ian Cooper | Oct 27, 2014 | Rapid Retirement System, Trade Alerts
Over the last few weeks, the markets have been wild. We sold off about 1,000 points off the Dow highs. Then, we found support just under the 200-day – as expected – and shot 600 points higher. And, along the way, way we made great money using DIA puts and calls…...
by Ian Cooper | Oct 24, 2014 | Rapid Retirement System, Trade Alerts
Just yesterday, I recommended that you exit the BABA January 82.50 put side of the hedge, and hold the BABA January 90 calls because the stock is now beginning to launch. I also recommended a buy on the BABA April 105 calls yesterday. Today, on a $3.40 run in the...
by Ian Cooper | Oct 23, 2014 | Rapid Retirement System, Trade Alerts
After moving lower, Alibaba (BABA) is beginning to move higher… fast. Consider closing out the BABA January 82.50 put at a loss… and let the BABA January 90 calls run higher. The underlying stock is now up to $94.30, giving us more than 50% on that side of the trade....
by Ian Cooper | Oct 20, 2014 | Rapid Retirement System, Trade Alerts
Shares of IBM are down $12 on the day on earnings… But this isn’t the first time IBM has fallen this hard, this fast. Over the last year, it plummeted three times to the same support level and bounced each time. IBM now sits at the same support level, oversold. All I...
by Ian Cooper | Oct 16, 2014 | Rapid Retirement System, Trade Alerts
The market continues to meltdown… But it’s now becoming over-extended, and massively oversold, though, in need of a bounce. There’s hope we’ll see a bounce before the elections. The other day, I recommended selling to close the Home Depot (HD) November 87.50 put...
by Ian Cooper | Oct 14, 2014 | Rapid Retirement System, Trade Alerts
Shares of Home Depot (HD) took a beating over the last couple days, a long overdue one. Down another 80 cents on the day, the second half of the HD November 87.50 puts now trade around $2.15. From an entry price of $1.70 that’s not a bad gain. Sell to close this...
by Ian Cooper | Oct 13, 2014 | Rapid Retirement System, Trade Alerts
Fear has reached an epic level on Wall Street. Every one is running scared. Consider selling to close the DIA December 2014 170 put today, as well as the PETM October 70 put now deep in the money. Once you close out those positions, consider buying to open the DIA...