This is a tough market especially for income traders. What kind of market it is, Bull? Bear? It’s a confused market that is driven mainly by news, rumors especially out of Europe. But let’s face it, markets were/are/will be driven by news, most of the time, if not always. There…
The big news today is Apple Computers’ (AAPL) miss on earnings. Who could have thought that they will miss. I certainly didn’t. Yesterday I shared a brief post on how we played Apple (AAPL) earnings in addition to a few other that I highlighted in that post. Basically, for AAPL, there…
Costco (COST) is down almost $5 since I last shared a FREE trade idea together with a simple trading strategy, those COST puts, easily hit the profit target identified in the post and if measured point to point, are now up +70%. NFLX bearish trade resulted into nice gains within…
I mentioned that I won’t go long until S&P can close above $1,344. Yesterday, S&P close comfortable above 1,344. Additionally, there was another bullish signal based upon Dow Theory i.e. both Dow Industrial and Dow Transport closed at new high since Mar’09 bottom. So the market might be entering into…
OPNewsletter Feb’11 portfolios were closed for +6.4%, Mar 2011 for +9.5% and for April 2011 OPN portfolios are up +4.7% (while we still have a few weeks to go). The performance continues and again proves the consistency of income generation via option trading. All this in spite of market meltdowns during these…
Here is a potential competitor to Netflix, Facebook and the debate is heating whether or not Facebook will kill Netflix (NFLX). I don’t think I really care. Both are the products of “Technological Revolution” and as technology evolves so will new business models. What I do care though is a trading opportunity. So let the main…
OPNewsletter delivered +6.4% for the Feb 2011 Income portfolio on a 58% portfolio capital investment. For Mar 2011 opened portfolios, we are up +5.1% and we still have few weeks to go. These results do not include results from speculative/bonus trades. This was our 36th positive month, out of a total 39…
Egypt is going though probably the most challenging period of its recent history. The developments in the country are being watched closely by almost everyone. EGX-30 (Egyptian stock market barometer) is down over 20% during the last few weeks (close on Jan 27). The CDSwaps are rising. Moody’s has just…
Undoubtedly GOOG earning play was a star trade generating over +800% gains in a day. It wasn’t sheer luck, we prepared ourselves for it. I shall share our exact trade after earning season is over as we plan to use similar strategies for AAPL and later for some more counters…
OPNewsletter delivered +8.46% for the Aug 2010 Income portfolio on a 51% portfolio capital investment. As you may know, since mid of April 2010 we reduced our capital allocation to trading as we were anticipating this market meltdown which started around 3-4th week of April. For Sept 2010 opened portfolios,…