Priceline- How Did We Make Triple Digit Gains

by OptionPundit on August 5, 2010

Backspread Option Trading Strategy is one of my favorite strategies when it comes to playing large move and when I am not so sure of the direction. I like to play it especially when I am biased about the direction but I don’t want to take unnecessary risk. I first introduced this spread to OP […]


OPNewsletter Jul 2010 Up +8.3%

by OptionPundit on July 12, 2010

We are on track for our 28th positive month of OPNewsletter phase-2, as of last Friday close OPNewsletter Jul 2010 portfolio is up +8.3% on the maximum investment of almost 60% of portfolio capital. We have started opening Aug 2010 portfolios and our first portfolio is already positive. Let’s talk consistency first, especially on trades […]


OPNewsletter May +18%, June +5.3% (Open)

by OptionPundit on May 19, 2010

Another turbulent and volatile period! Last week started with a huge gap up rally after EU announced a $1trillion bailout package but by weekend it was a different story. Now there are questions on how solid it was. The confidence barometer, Euro, is now 4 years low and maybe even headed for $ parity as […]


Dancing With Mr Market

by OptionPundit on August 6, 2009

So you think you can dance, with the markets? Sometime back I read a book by Barton Biggs “Wealth, War & Wisdom” where he documented several instances going as far back as WW-II that collectively market participants know what’s coming and hence market starts to show light even when it is pitch dark elsewhere. Sure […]


A terrific week and 3 cheers to the Bulls for sustaining the momentum. Finally, my witty Oct’08 remark on “Mark to Market” relaxation a.k.a “do-what-you-want” came true; G-20 supported by $1trillions and a market that went down nearly-2% and then back up +6.5% to close overall +5.75% (Dow). Ups-n-down, and then up up and up. […]