SELL TO CLOSE your Simon Property Group (SPG) July 60 Put (SPG+SL) at the market. As we anticipated, rising interest rates caused the price of SPG stock to go down. On the other hand, consumer spending has been strong, and thus the Simon Property Group, which is also leveraged to consumer spending, can benefit from a temporary support at this level. Read More
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Analyst Articles
Oil stocks have been under pressure in recent trading as the price of crude has backed away from record highs set a just a few weeks ago. Domestic supply figures have played a role here. Today, for instance, both the American Petroleum Institute and the Energy Information Administration reported a sizable build in U.S. commercial crude inventories last week. Read More
BUY TO OPEN May 123 Russell 2000 iShares PUT OPTION (DIW + QS) below 4.20 Read More
BUY TO OPEN May 123 Russell 2000 iShares PUT OPTION (DIW + QS) below 4.20 We advise buying a put on the Russell 2000 iShares (IWM) to capitalize on what we think could be a bearish period for smaller capitalization stocks (Russell 2000 is the most commonly used proxy for small cap stocks). Read More
Position update Continue to hold your margined position in Amylin Pharmaceuticals (AMLN). Read More
Buy to Close your short position on GM Today, GM shocked the market when the auto giant announced that its full year earnings will be in a range from $1 to $2. Compare this to the January guidance of $4 to $5 and you'll see why the stock is down more than 13% today. Read More
BUY to Open the May 70 SLB Call Option (SLB+EN, at 5.40 or below) Read More
Sell to close your March 45 Newmont Mining call option (NEM+CI) at the market. The yellow metal has been acting well of late and a result has pushed our call option into the money. But while the stock is higher now than when we entered the trade, the option's time value has eroded away, handing us a loss on the trade. Read More
Buy Amylin Pharmaceuticals (AMLN) on margin. the company expects to hear from the FDA regarding its smaller drug, Symlin; and on April 30th- regarding its drug exenatide. We expect at least one of these approvals to come through, and the stock price to react accordingly. Because of the leverage, the trade is rated Medium Risk. Read More
BUY to Open the July 17.50 Call Option on Titan Corp. TTN (TTN+GW) at 1.75 or below. Read More