Trade Updates – Sunday, September 27, 2009
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members 9:00am (EST) ChangeYou (CYOU, $38.30, down $1.54) October 42 calls (CQUJP, $0.70, up $0.45) Entry Price: $0.85 (9/21/09)
September 2009 | Members 1:00pm (EST) Moody’s (MCO, $19.50, down $1.04) has dipped below $20 today and here were
September 2009 | Members MomentumOptionsTrading NewsFlash for 9/23/09: Fed Holds Rates 2:30pm (EST) The Fed left rates unchanged and
September 2009 | Members 8:45am (EST) Current Trades ChangeYou.com (CYOU, $38.29, down $0.46) October 42 calls (CQUJP, $0.85, down $0.30)
September 2009 | Members 12:05pm (EST) The RIMM October 100 calls (RULJT, $1.00, up $0.05) were at 95 cents on
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members 1:00pm (EST) Watch the RIMM October 100 calls (RULJT, $0.95, up $0.12). If you think we
September 2009 | Members IBM (NEW TRADE) International Business Machines (IBM, $121.82, up $2.47) broke $120 yesterday in strong fashion and
September 2009 | Members 11:10am (EST) I wanted to post a little early because I got a late jump
September 2009 | Members 9:10am (EST) Current Trades Citigroup (C, $4.52, down $0.09) January 7.50 calls (CAQ, $0.15, down $0.01)
September 2009 | Members 12:30pm (EST ) NEW TRADE! One stock I’m watching today is Freeport McMoRan (FCX, $69.54, down
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members Time stamp (EST) ]]>
September 2009 | Members 1:20pm Trade Update A couple of trades that we are watching carefully today: First Solar (FSLR, $137.08,
8:30am (EST) New Trades I did some research over the weekend on Disney (DIS, $26.95, up $0.67) after its buyout
September 2009 | Members 9am (EST) Citigroup (C, $4.68, down $0.17) January 7.50 calls (CAQ, $0.19, down $0.04) Entry Price: $0.32 (8/28/09)
September 2009 | Members Here is the rest of the Imax story: Let’s get back to the here and now.
September 2009 | Members 8:30am (EST) Here are the current trade updates. They came back a little but remember these
September 2009 | Members 9:15am (EST) Trade Updates (quotes are from Wednesday): Citigroup (C, $4.56, up $0.02) January 7.50 calls
September 2009 | Members 9:10am (EST) Bank of America (BAC, $16.46, down $1.13) January 20 calls (BYOAT, $1.08, down $0.34)
September 2009 | Members 1:15pm (EST) UPDATE: I am long the September 100 puts (QHBUT) at $1.25. 12:10pm (EST) I’ve
2:00pm (EST) The Dow is struggling after starting off the morning in the green. Intel (INTC, $20.25, up $0.78) got
8:55am (EST) Well, time to open up the playbook. It may be preseason in the NFL but in
10:30pm (EST) Timing is everything. Man, this market is fast moving and exciting isn’t it? Good news, bad news, earnings
12:45 pm (EST) Wow. I knew last night/ this morning when I was writing the American International Group (AIG, $48.19, up
We just updated our option picks subscription page with some pricing. Take a look if you are interested. We hope you
3:30am (EST) The early bird gets the worm… Last week I had moved American International Group (AIG, $37.69, up $3.72) to
11:30pm (EST) Folks, we are planning to launch our new option picks service by September 1st. There will be
12:30pm (EST) Human Genome Sciences (HGSI, $21.84, up $2.62) is up again today on more takeover chatter. The stock made
9:25am (EST) Bank of America (BAC, $17.75, up $0.40) January 20 calls (BYOAT, $1.45, up $0.10) Entry Price: $1.18
1:00pm (EST) The market has hit 10-month highs as the Dow is currently up 80 points to 9,589. The Nasdaq
Return to Members Tuesday, September 01, 2009 Wednesday, September 02, 2009 Thursday, September 03, 2009 Friday, September 04, 2009 Monday,
9:40am (EST) I waited a few minutes to see how we opened so I could give you an early read
9:30pm (EST) I didn’t like the afternoon action today as the market came off its highs. The futures are slightly
12:35pm (EST) Imax (IMAX, $9.85, up $0.30) is trying like mad to break $10 today as the stock has hit
11:30pm (EST) 1. Commentary 2. Checking in on the VIX 3. Baltic Dry Index Continues To Tank 4. Earnings 5.
11:15am (EST) Sorry for the late post folks. I have been researching a couple of trades this morning and all
10:40pm (EST) Bank of America (BAC, $17.14, up $0.39) January 20 calls (BYOAT, $1.30, up $0.10) Entry Price: $1.18
Abercrombie & Fitch (ANF, $31.68, up $0.32) September 32 puts (ANFUJ, $2.05, down $0.20) Entry Price: $1.25 (8/14/09) Exit Target:
9:15am (EST) The futures had been up this morning but have lost steam after a worse-than-expected weekly jobs report. The
1:25pm (EST) It looked like the market was going to fall off a cliff this morning but the bulls have
9:15am (EST) European markets are bleeding red and the big talk is China’s Shanghai stock market which has fallen 5%
11:00pm (EST) Abercrombie & Fitch (ANF, $31.47, down $0.07) September 32 puts (ANFUJ, $2.20, flat) Entry Price: $1.25 (8/14/09)
9:10am (EST) Home Depot (HD, $26.11) beat Wall Street’s expectations this morning although revenue dropped 7%. The stock is up $1,
11:00pm (EST) Abercrombie & Fitch (ANF, $31.54, down $2.71) September 32 puts (ANFUJ, $2.20, up $1.00) Entry Price: $1.25 (8/14/09)
1:00pm (EST) Abercrombie & Fitch (ANF, $31.96, down $2.29) is down 7% today and the September 32 puts (ANFUJ, $2.00, up
9:10am (EST) From last Thursday: “This has been a tough tape to read folks but I do think the market
1. Commentary 2. Allocating Option Trades 3. Putting a Collar Option on Your Investments 4. Earnings 5. Current Trades
11:20am (EST) Folks, I screwed up. This morning I listed the WRONG put options on Abercrombie & Fitch (ANF, $34.30,
9:15am (EST) The Dow futures are lower by 13, and Nasdaq futures are down 8 points as we head towards the
12:55pm (EST) The market started off strong but has given back most of those gains as I head to
9:20am (EST) Futures are pointing towards a higher open this morning despite a couple of iffy economic reports. The Dow
1:00pm (EST) We have about an hour before the Fed announcement and the market is trading higher ahead of
9:25am (EST) Bank of America (BAC, $15.85, down $0.83) November 17.50 calls (BYOKZ, $1.20, down $0.30) Entry Price: $1.25
11:50am (EST) The market continues to trade lower as the Dow is now off by triple-digits. At 9,234, the 103
10:45am (EST) There’s not a lot of green out there as the bulls are taking a breather ahead of the FOMC
9:30am (EST) Bank of America (BAC, $16.68, up $0.26) November 17.50 calls (BYOKZ, $1.50, up $0.10) Entry Price: $1.25 (8/10/09)
11:20am (EST) Sometimes you get in a zone and it feels like you know how a stock will trade like
9:00am (EST) We are looking at a slightly negative open with futures trading lower this morning. Around the globe, the Asian markets have posted impressive gains
11:35pm (EST) Bank of America (BAC, $16.42, down $0.28) November 15 calls (BYOKO, $2.60, down $0.27) Entry Price: $1.50 (6/12/09)
1:20pm (EST) Make no doubt about it, the bulls are totally in charge of this market. If there was any
8:35am (EST) I posted a little early this morning as I was anxious to get the morning outlook as soon
11:15pm (EST) Ford (F, $8.07, down $0.37) December 6 calls (FLI, $2.42, down $0.37) Entry Price: $1.25 (5/18/09) Exit Price:
11:40am (EST) Blame it on the jet lag… It has been hard to get back on track after the weekend’s
9:20am (EST) Ford (F, $8.44, up $0.14) December 6 calls (FLI, $2.80, up $0.20) Entry Price: $1.25 (5/18/09) Exit Price:
12:30pm (EST) The market is down a little after a weak Institute for Supply Management (ISM) number that reported business
12:05pm (EST) I wanted to take some time this morning to talk about how to use the blog and to
9:20am (EST) Note: We get the ISM number at 10am. Also, I’ll be back in a couple of hours with
1:35pm (EST) Imax (IMAX, $9.28, up $0.08) is setting a new 52-week high today and for those of you who
10:00am (EST) Ford (F, $8.12, down $0.21) December 6 calls (FLI, $2.50, down $0.18) Entry Price: $1.25 (5/18/09) Exit Price:
1:10pm (EST) The Dow has come off its high of 9,288 and is currently up 83 to 9,255. After such
9:00am (EST) Futures are sharply higher this morning as broad gains in the overseas markets have helped put Wall Street
Ford (F, $7.91, up $0.52) continues to push $8 and is looking golden to hit $10 by year-end if not
10:15am (EST) I wanted to see how we opened this morning before posting so I could get a feel for
11:15pm (EST) Ford (F, $7.39, up $0.27) December 6 calls (FLI, $1.85, up $0.20) Entry Price: $1.25 (5/18/09) Exit Price:
1:45pm (EST) Sometimes the writing is on the wall. Make that…sometimes the writing is on the Blog. For
9:15am (EST) I’m running a little behind this morning so I’m doing today’s Blog on the fly. Dow futures are
11:30pm (EST) Don’t shoot the messenger… Green Mountain Coffee Roasters (GMCR, $67.50, down $0.25) reported earnings after the
1:00pm (EST) The bulls seem to be on vacation this week and the ones left behind are trying to hold
9:00am (EST) Futures are pointing towards a negative open after Durable Goods orders came in lower than expected. Dow
1:00 pm (EST) The bulls are struggling to extend yesterday’s gains as the Dow is currently down 67 points to 9,041. There
9:25am (EST) Ahead of the opening bell, Dow futures are lower by 50, or 0.5%, to 9,024. The S&P 500
10:45pm (EST) What a busy day it was for option traders. I threw a ton of trades at you
1:25pm (EST) I like Visa (V, $67.68, up $0.39) this week. The August 70 calls (VEHHN, $1.60, up $0.25) are
11:15am (EST) DryShips (DRYS, $6.74, up $0.51) is having a huge day, rallying 7%, ahead of Friday’s earnings announcement. Here
9:15am (EST) The futures are pointing towards a slightly lower open as a number of companies reported earnings this morning.
1. Commentary 2. Green Mountain Coffee Roasters Brewing Big Gains 3. Earnings 4. Current Trades & Closed Trades 5. Monday
12:45pm (EST) The market has held up rather well despite the rough outings being posted by Amazon.com (AMZN, $86.00,
Microsoft (MSFT, $25.56) and Amazon.com (AMZN, $93.87). Both stocks are down 5%-6% before the bell after reporting weaker-than-expected results. The Dow jumped nearly 200 points
10:00pm (EST) The big news after the bell has been Microsoft (MSFT, $25.56, up $0.76). The company reported earnings after
1:30pm (EST) Forgive me for not posting my usual pre-market Blog this morning. I’ve been “relaxing”…it’s the old man’s birthday.
I have taken your requests and have tweaked how I’m going to profile the trades we are currently following and
10:00am (EST) Chipotle Mexican Grill (CMG, $91.23, up $2.53) will be reporting earnings after the bell today so I wanted
10:30pm (EST) Talk about a product(s) that sells itself. Every year, quarter after quarter, Apple (AAPL, $151.51, down $1.40) seems
1:00pm (EST) After a strong start, the market has slipped as all three major indexes are slightly down. The losses