Pro Tips

The Late Show

FXI…China breaks out to the upside if it can close over 42.50. The cheapest look in the options is the 42.50 3/20/15 Calls trading around .39 cents. RCPT…is holding support. ALXN & MDVN…are putting in an ORH days. These two … Continue reading

USO…Put Follow Up

I sold the USO 17.5 3/20/15 Puts which were purchased for .39 @ $1.50.The Futures rallied going into today’s options expiration, with the Futures contract expiring Friday. As long as the April stays under 44.50, Oil and the USO will … Continue reading

USO…Trade Alert!

SELL 10 17.5 3/20/15 Puts @ the Market! This is a closing trade for this strike.

A.M. Look 3/17/15

Stocks… Press the bet in the the Biotech lottery is the best game in town. DAX…I didn’t have a higher tgt than 12,000. We’re seeing some profit taking. Let’s see if it turns into anything. Russell…is flirting with new all … Continue reading

USO…Trade Alert!

BUY 10 3/27/15 16 USO PUTS by the Close. They are currently trading around .47 cents. Try to get them mid market before the close.

Midday Missive

OIL…April expires Friday the 20th. At his point it would be hard to imagine customers taking delivery of contracts with storage so tight. Hitting the high 30’s by Friday seems feasible. On the next 80 cent rally I’ll be looking … Continue reading

A.M. Look 3/16/15

I re post the the qtrly report going into the end of every qtr. so you can judge the quality of the work for yourself. It’s time to take stock of the markets. Every qtr I request my clients keep … Continue reading

USO…Trade Alert!

SELL 10 17.5 3/20/15 Puts MOC…Market On Close Trade To Make Money … Oil is going lower but a 100% profit in these puts is not something to sneeze at. I’ll try and leave the rest alone until Wednesday.

GOOGL…Trade Alert!

Sell GOOGL @ the Market! This is a closing trade

A.M. Look 3/13/15

Stocks… Spu’s…(H) sustaining into the upper 60’s will give way to 2078 resistance. DIS…is a name that should stay strong into the end of the qtr. Bonds … Bonds…(M) 157.25 is today’s support. 159.27 is today’s resistance and upside pivot. … Continue reading