Option Trade Ideas
Yesterdays watchlist included NFLX $190 calls which soared from an open of $.50 to a high of over $4.00. EBAY and BIDU were also on the watchlist and I feel confident about both heading into the holiday shortened end of the trading week although both look to open modestly lower this morning.
Futures are falling down over .5% as Cyrpus still remains a talking point, with some thinking that Cyrpus… Read More
Stocks fell yesterday as Cyprus reached a last minute deal to avert disaster. Haven’t we heard this story before? Bailouts, disaster, market turmoil, Eurozone exit, fiscal cliff, the sequester, the list grows each year, and yet here we sit only points away from an all time high on the S&P 500. The bears have been calling for a collapse each step along the way… how has that worked out for… Read More
Over the last several trading sessions we’ve watched $BIDU plunge to new multi-year lows, which is in complete contrast to the rest of the stock market. $BIDU used to be a high flyer, a momentum stock that rallied 10 fold from its financial crisis lows. Yet the last few months the stock has lost its shine and has seen numerous analyst downgrades. I think the stock will recover from its… Read More
I’ll take a country no one knows, or cares about for $1,000 please Alex. Answer: This country’s entire GDP is billions less than McDonald’s annual revenue.
A country with a population that wouldn’t even make it the United States 30th largest county is ready to roil global markets. The markets think that Cyprus has set a precedent that will be followed throughout Europe. This could lead to a bank… Read More
Let me start by saying I own $HLF puts, currently the $41 strike that expire this week. I plan on adding April puts on any bounce this week. The trade is already profitable and will increase in value if $HLF continues to fall, as I think it will.
I believe Carl Icahn’s purchases in $HLF stock, he now owns over 16 million shares, are backed more by emotion than anything… Read More
Here are today’s earnings as well as upgrades and downgrades. This list will be updated as more analyst changes, initiations come in. Futures are higher to start the week. We have a great earnings week in store with some volatile stocks reporting. Check the forum for more details:
Upgrades for today:
07:34 EDT KMR
: Kinder Morgan Management initiated with an Equal Weight at Morgan Stanley
Target $84. :
07:34… Read More
I have started to accumulate some $7 and $8 calls for $ZAGG as I see the stock running up to $10 into its late February earnings report. If you look at last January the stock has a powerful rally into the end of the month as it rallied from current prices to $10.00 a share.
If we get this type of rally the calls will return a very nice profit.… Read More
Earnings jitters took hold last week as the market tumbled friday, and some stocks were creamed like GOOG, AAPL. LNKD, PCLN, and other favorites. Despite all this, the market was up fractionally last week. This week should prove very interesting with a tremendous amount of earning reports on deck. If the trend of lowered outlooks and misses continues, the market could continue its fade here. I like the… Read More
Waking up to riots on Greece and flat futures, all though they are now green. Not too many market catalysts today, but we do have the official earnings season kick-off with Alcoa reporting after the bell. We also have YUM brands. The IMF lowered the growth forecast for the World Economy and it took a toll on the asian market over night with Japan down near 1%. The China… Read More
