FOSL
Yesterday was a pretty lack-luster day after the open. The only play that panned out was the $BPT calls you could have had at .20/.25/.35 before 10am. they hit 1.10(even higher but that was the highest trade). Still holding my $BPT calls and added more in the afternoon at higher prices, call me crazy. $BPT was alerted via our text service so please email us if you didn’t receive the… Read More
UPB Market Update Video May 14th 2012 – AAPL SPY FOSL
FOSL fell post earnings report. Its meandered in a range and options premium has cooled after the big drop. The stock sits at some serious multi-year support. I think there is no better time to play for a bounce. It is a simple trade, we break support, head for the hills, we stay above support we could get a 5-10% move higher. This is what happened each time this old… Read More
Earnings plays can be very rewarding for those who are on the right side of the trade via options. Apple (AAPL) and Amazon (AMZN) catapulted 10%+ on their earnings report the last two weeks, while Green Mountain Coffee Roasters (GMCR) fell 50% on theirs. Which will be the one to bring option players the 1000%+ gain in the coming week? Here are a few we have on radar for next… Read More
How do you make money in this market?? You find stocks that are undervalued and you buy them. Better yet, find stocks that Jim Cramer says “Stay Away”, and buy calls on them. We did that on PCLN at $445, and we did that with FOSL(Fossil, Inc) this morning. It must have been Jim Cramer, and his “Stay Away” team, that provided the fuel for the FOSL rocket ship today.… Read More
