Bucket 3: New Trade

Bucket 3, new trade: short WBMD June 30 calls The stock is down 26% today on news of the CEO resigning and the company not being up for sale any longer.  Sales guidance is very murky at best This is a classic Bucket 3 options strategy  trade for us where we sell far out of […]

Portfolio Holdings January 10

86% Cash Bucket 2 Symbol Open D Direction Sectors Avg Entry Stop Target 1 FDX 12/16/2011 long Indu 85.1 80 90 SBUX puts 3-Jan long April 45 strike puts Cons Cyc 2.76     CROX 4-Jan long Cons Cyc 15.97     FXE 5-Jan long Currency 127.47     GMCR 6-Jan short Cons Staples 43.23 […]

New Daily Segment: Three Charts For The Day

As of today we will start three charts for the day where we see interesting setups or see them interesting as a macro, micro, or techincal tell. The three charts will be available for all to see but we will describe a trade setup in one of them and that is for subscribes only. Shanghai […]

Morning Thoughts January 10

A dull day yesterday – Volumes weak – barely cracked 6bn shares – down 2% vs. 5day ave – Turnover of $186b lowest. SPX holding above that 200dma steadily (we hit 1,275 and saw a good technical bounce) – outside of that, simply boring. Only meaningful headline in the afternoon was the Nov consumer credit […]