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Buy to open the Research In Motion September 75 put option (RFY + UT). Set a limit order to pay no more than $8.50 per contract. Smart phones have been one of the few bright spots on an otherwise bleak consumer products landscape. This hasn’t been lost on… Read More
Sell to close the Clorox July 50 put option (CLX + SJ) at the market. Read More
Sell to close the Marriott International July 15 put option (MAR + SC) at the market. Buy to open the Marriott October 22.50 (MAR + VX) put option. Set a limit to pay no more than $3 per contract. Our Marriott International (MAR) trade has been a disaster. But… Read More
There’s a slew of economic data out this week much of which investors will be taking their cue from. Yesterday, the Federal Reserve Bank of New York’s Empire Manufacturing Index kicked things off by falling far more than expected in the latest period as sales and inventories declined. Read More
We opened three positions in the last week and have subsequently closed out two of them for profits. We picked up the Microsoft January 22.50 call option (MSQ + AS) in time to enjoy several buy recommendations on the stock from Wall Street, which pushed our option up by… Read More
Sell to close the Microsoft January 22.50 call option (MSQ + AS) at the market. Read More