Friday May 24th, 2013
The Big Idea
The Modern Art of Tape Reading: Part 7
Skip Raschke | May 23, 2013 7:13 AM ET
How human nature interacts with the markets is a constant, only the prices found is what changes.
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Hot Topics
Phil McDonnell Analysis: A Safe Option Strategy
May 23, 2013 2:34 PM ET
Sometimes options traders are looking for the safety that only an option strategy can offer.
Mark Sebastian Trade: COH
May 23, 2013 2:20 PM ET
Despite the VIX rally today, options are hitting a 52-week low in this maker of overpriced handbags.
Andrew Keene Trade: YELP
May 23, 2013 1:25 PM ET
Paper is confident that YELP will move north of $35.55 by August 16, when the contracts expire.
Henry Schwartz Analysis: Who's Hedged? Seriously, who's hedged?
May 23, 2013 10:14 AM ET
Analyzing the impressive million-contract-per day average volume for SPX options this month.
Jared Woodard Trade: FXA
May 23, 2013 7:24 AM ET
Given the change in market sentiment on FXA as expressed by options bids, we are adding a trade to our FXA position.
John Carter Analysis: FXE
May 23, 2013 7:08 AM ET
The trade we were following for FXE heading into Wednesday touches on several points of not only trading fundamentals but also the psychology that goes into every entry.
Andrew Keene Trade: SIMG
May 22, 2013 3:08 PM ET
SIMG is currently trading close to its 52-week high and we are betting it goes higher.
Mark Sebastian Trade: VIX
May 22, 2013 2:48 PM ET
I think it makes sense for traders to take advantage of this temporary pop in VIX to sell some VIX premium.
Henry Schwartz Analysis: WMB Massive Bet
May 22, 2013 10:32 AM ET
A sizeable new position in WMB seems to be expressing confidence that the stock will continue a bullish trend through the rest of 2013.
Jared Woodard Trade: FXY
May 22, 2013 7:51 AM ET
Downside three month implied volatility in yen futures at the CME is not much changed from where it was a month ago. Picking up exposure to a weaker yen, but for less risk.
John Carter Trade: FXE
May 22, 2013 7:08 AM ET
We’ve been watching the FXE for a short position. The currency could be volatile given the release of the FOMC minutes, so we’re placing limit orders above the market to sell call credit spreads.
Mark Sebastian Trade: FB
May 21, 2013 1:46 PM ET
We didn’t sell yesterday, so we need to get back on the horse selling weekly calls.
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