An Update: The Volatility Dance
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The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Thursday, March 29, 2007 Email – # 361 ** Lapping It Up Insiders at two of our positions having been sucking up stock on the open market to the tunes of millions. On our profitable Freeport (NYSE: FCX) bull spread, insiders just registered buys of more than…
The Volatility Trader105 W. Monument StreetBaltimore, MD 21201 Wednesday, March 28, 2007 Email – #260 Volatility Trader Update Dear Subscribers, First, I’d like to mention that our portfolio is quite calm all the way around. We’re currently holding Tyson Chicken (NYSE: TSN) and Digital Realty (NYSE: DLR) puts and an Intercontinental Exchange (NYSE: ICE) strangle.…
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The Volatility Trader105 W. Monument StreetBaltimore, MD 21201 Wednesday, March 21, 2007 Email – #259 Volatility Trader Alert Dear Subscribers, If you haven’t noticed, the market is extremely choppy right now and I expect it to continue for some time. However, many signs are pointing to continued weakness, especially with rising gasoline prices indicating additional…
The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Wednesday, March 21, 2007 Email – # 364 ** Cover your Schlumberger Spread for profits of up to 50% Buy back your Schlumberger (NYSE: SLB) January 2008 $65 calls (WUB-AM) and sell your Schlumberger January 2008 $60 calls (WUB-AL) for gains of between 40% and 60% depending…
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The LEAPS Trader105 W. Monument StreetBaltimore, MD 21201 Tuesday, March 13, 2007 Email – # 360 ** Buy Resources I am currently traveling and will send you the complete details on this short sale tomorrow. It is for General Motors (NYSE: GM). The share price today at $30 is deceptive. The company is basically worthless,…
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