CME
CME Group (CME) is a stock that has been very kind to us over the years. At the start of 2012, we were able to position ourselves with some calls into earnings and banked some serious coin. Take a look at the charts below for the call. And this was what we were saying before the stock took off: “CME GOING TO GET LEGS” ; CME GROUP
What is the best indicator of future performance??? Past performance? Well if it was that easy , this site would be called OptionBillionaires. But what we can say, is that a stocks history can be used as a tool to help gauge future results. Take ICE (Intercontinental Exchange) for example. ICE has reported earnings that have beaten EPS estimates for the last 7 Quarters, revenues have also… Read More
CME broke out yesterday after reporting earnings that missed revenue and eps estimates(excluding items). Technically speaking, they did beat the EPS estimate from a one time tax gain(thanks chicago) with an $11.25 EPS. The MF global cost CME 30 million, so not bad considering the scale of that mess. The stock was sitting near multi-year lows a few weeks back when we put it on watch here… Read More
One of the best way’s to make money trading options, is buying when a stock is cold…when noone is paying attention. Stocks with high beta(volatility), have higher option premiums. Stocks under the radar with low beta, have cheaper options.
CME is one of those stocks. We wrote about her January 12th, in which the options we mentioned, were a 500% gain a week later.
CME reports earnings February 2nd… Read More
The chase is on…. for performance that is. Now that the SPY has closed above $130, folks are rushing into stocks as the potential to miss the rally, outweighs the possible downside risks.
Now is the time to turn to those old stocks, still fundamentally sound, but beaten down.
Stocks to watch the next few days: PCLN CME ICE CRM.
We are also watching BLK for a bounce on… Read More
CME (CME Group) stock has been ripped to shreds the past few weeks, on the MF global disaster. Rumors out there that CME will be on the hook for some of the losses.
I dont think that will be the case. Either way, CME looks ready to bounce from the $220 level. $240 should come in short order on the $230 break.
Huge volume this morning. Playing the JAN 21st… Read More
