Options Action Recap: 11/21/14

OA

On this past Friday's Options Action on CNBC I detailed two trade ideas, one bullish and one bearish. First on Alibaba (BABA). For those who remain optimistic of the stock's prospects into the New Year … [Read On]

Trading Diary: Nov 17th – Nov 21st

tradingDIARY

Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was Nov 17th – Nov 21st:       … [Read On]

Name That Trade – $BABA Booey

NameThatTrade

Earlier today CC dissected the Alibaba (BABA) call butterfly (below) that I detailed on October 31st, that expires today (read here.) After some initial volatility the structure will end up closing almost … [Read On]

New Trade – $XRT: Holiday Hangover

santa-beer

On a few occasions of late I have described my aversion to stepping in front of what appeared to be an impending breakout in retail stocks heading into the holiday season (reprinted below).  But with the … [Read On]

Chart of the Day – Drug Haze: $JNJ

ChartOfTheDay

JNJ has been a steady large cap leader in the past 2 years.  Since the stock's breakout to a new all-time high in early 2013, JNJ has remained above its rising 50 week moving average save for two brief … [Read On]

MorningWord 11/21/14: One of These Days

MorningWord

Equity markets the world over have gained hundreds of billions of dollars in value over the last few hours for one very simple reason - the Global Economy is in fact WEAKER than you thought before you went … [Read On]

Name That Trade – $GME: Play or Get Played

NameThatTrade

GameStop (GME) reports their Q3 results tonight after the close. The options market is implying a whopping two day move (using Nov 22nd expiration options) of about 10%.  The Nov 44 straddle (the put and … [Read On]

New Trade – You $WYNN Some, You Lose Some

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Shares of Wynn Resorts (WYNN) went from a massive outperformer in the first qtr of 2014 (up 30% on the year at one point) to its current "left for dead in a raging bull market" state. It's currently … [Read On]

Name That Trade – Shallow $HAL

NameThatTrade

HAL has had a very steep fall from grace in the past 4 months, going from an all-time high of $74.33 on July 23rd to yesterday's intraday low of $47.74, just a touch above the January low of … [Read On]