As 2014 draws to a close, we wanted to personally thank you for your continued support of Inside Value Trader. While the year was quite successful, 2015 is shaping up to be even better for us, as the markets over-extend, and as oil, solar and gas names bottom out after an oil price meltdown. The opportunities are there. We just need to time the buys correctly.
It just means our best days are ahead.
After many wins over the year, we do have positions that are down, including some Alibaba positions. But we’re not exiting any of them. After closing four different BABA call trades with gains ranging from 72% to 203%, we just need to be patient with our current BABA positions.
We’re also down on the SLV December calls, even though silver is incredibly oversold. We show a loss on the second half of the Janus December 15 put, as well after closing the first half for gains of 28%. We’ll try make up for those losses as we move forward, though.
Despite those positions, we’ve had one of the best records to date. In fact, since September 19, 2014 alone, we’ve closed out a total of 31 winning positions (this number includes positions exited in halves, too), and just three losers.
Other than those positions, we are showing a gain on the KB Home (KBH) April 17 put already. When we recommend the trade, it traded just under $1. As of 1:00 p.m. EST, it traded at $1.45. If you’re happy with the gain, consider selling to close just half to secure. The stock is just beginning to reverse off excessively overbought pivot points.
As we head into the end of 2014, we hope you and your family have a happy, healthy holiday season.
Ian L. Cooper
Inside Value Trader