Credit spread

A Credit Spread on Edwards LifeSciences (EW)

by OptionPundit on April 14, 2010

Edwards Lifesciences Corp (EW) announced stock split which is Payable n May 27, 2010 (x date May 28, 2010). I earlier shared (for free) a credit spread on Silgan Holdings (SLGN) that we closed for +39.% gains. EW is another stock that fits my criteria for playing stock split. For those who don’t know about […]

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How to Play $100 Buyout of BNI?

by OptionPundit on November 3, 2009

Warren Buffett’s Berkshire Hathaway (BRK.A) said Tuesday that it will acquire the remaining shares of railroad operator Burlington Northern Santa Fe (BNI) that it doesn’t already own for $100 per share in cash and stock in a deal valued at approximately $44 billion. “Our country’s future prosperity depends on its having an efficient and well-maintained […]


Google (GOOG)- A Bearish Play

by OptionPundit on October 2, 2009

It was an intense sell-off day with down volume accounting for over 90%. All of the major indices have now broken and closed below their September 25th lows and their uptrends dating from the July 8th. Chicago PMI had already provided hints that things aren’t that rosy yet. But hey, who knows. This might be […]

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A Record Month OPN (Jun’09) up +14.7%

by OptionPundit on June 16, 2009

June 2009 was a record month (2009) for OPNewsletter! Overall June’09 OPN is closed up +14.7% (x- brokerage commissions) and +12.1% (including commissions). We invested almost 60% of 10K assumed capital across various sectors and diversified strategies. All the portfolios were closed positively. Overall an excellent performance that was almost double the OPNewsletter objective of […]

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OPNewsletter – May’09 (+9.48%), Jun’09 (Open)

by OptionPundit on May 14, 2009

OPNewsletter closed May’09 for +9.48% x-commissions and +6.76% inclusive of commissions. As I stated earlier, after many months of waiting, we crossed our 60% portfolio investment target. It’s always an advantage if the capital was preserved. Yes we did have a few months of low returns, but that preserved capital is an out performance (vs […]