by Tim Biggam | May 4, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Apple is looking comparatively cheap at these levels, so let’s look to position by selling an an out of the money put spread to take a guardedly bullish position. TRADE IDEA Buy to open AAPL 5/20/16 88 puts Sell to open AAPL 5/20/16 90 puts 0.30 net credit...
by Tim Biggam | May 4, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Should be filled on selling the CAT May 75 puts @ 1.60 on the GTC order for a 28% net gain, as they traded through our limit to 1.65 yesterday.
by Tim Biggam | May 2, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Silver (SLV) has been on a monster run over the past few weeks, but is reaching overbought levels on a 14 day RSI basis that have coincided with significant tops in the past. Once SLV begins to drop, the profit taking could be the driver for a sharp downmove....
by Tim Biggam | Apr 25, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
The CAT 4/22 73 puts that were sold as part of the diagonal spread expired worthless, leaving us net long the CAT May 75 puts for a net cost of 1.25. These puts closed at 1.45 on Monday, let’s offer them at 1.60 Good Until Cancelled and see if we can grab a 28%...
by Tim Biggam | Apr 14, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Caterpillar (CAT) is normally highly correlated to the price of oil, but over the past month that correlation has broken down. Since March 17th, Oil is virtually unchanged while CAT has rallied 10%. The last time CAT was this rich compared to oil led to a significant...
by Tim Biggam | Apr 4, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Market is looking a little toppy at these levels. Price action today was sloppy at best, and with oil now well below the $38 inflection level, should be a struggle to head higher over the next few weeks. With oil struggling, the solar names should start to see a...
by Tim Biggam | Mar 30, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Oil rally and oil stocks look to have stalled out. The last rally up ti the $42 level on crude signified the biggest short covering rally on record. With the shorts now done covering, weak fundamentals and a stronger dollar should put alid on a further leg higher....
by Tim Biggam | Mar 7, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
Sell to close AMZN March 550 puts (expire 3/18/16) Buy to close AMZN March 550 puts (expire 3/11/2016) Net credit 4.40
by Tim Biggam | Mar 2, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
TRADE IDEA Buy AMZN March 550 puts (expire 3/18/16) Sell AMZN March 550 puts (expire 3/11/2016) Net debit 2.70
by Tim Biggam | Feb 29, 2016 | Forgotten Profits, Rapid Retirement System, Trade Alerts, Trade Alerts
With Facebook (FB) treading water and looking rangebound, I am positioning to take advantage of Facebook having trouble making new all time highs over the coming few months. FB number 6 market cap stock in US…hard to imagine them growing into their multiple (...
