This week we look at a bullish play in my favorite company in Idaho. No, not ADM Edible Bean Specialties (Ticker: ADM), but the maker of computer memory, Micron (Ticker: MU). Apologies for not making the obligatory potato joke. A 6 month chart shows that Micron has recovered much of […]
Trade-Ideas
24 posts
Tech is hot this year. As of 7/10/2020, QQQ is up over 24% while the SPY is still down (a bit). This week, we cover a stock you’ve probably never heard of – Momo Inc. (Ticker: MOMO). Descriptions are generic, but essentially it is a social networking and entertainment platform […]
I don’t win on 100% of my trades. You don’t either. That’s to be expected. You can Estimate the probability of a trade winning in a variety of ways, but it is only an estimate and it certainly isn’t 100%! Sometimes you even place a trade and you are perfectly […]
2020 has been an … interesting year so far, to say the least. In the last year, the market is up 2.29% and year to date the market is down 6.86% [SPX as of 6/26/2020]. These nominal returns hide the fact that we are in the midst of a global […]
Let’s discuss a way to generate a bit of income on our long term stock holdings. This is a slight twist on the traditional covered call approach that I’ll be implementing on one of my underlyings in my long term portfolio. On Friday June 19th, I had some of my […]
Delta’s old slogan has a much different feel to it, given the current pandemic. Delta used this saying back in 1968. It must have worked well, since they brought it back for an encore in 1984. Given travel dropped over 90% at the lows, Delta likely wants us to be […]
In case you missed it, the market shot up almost 5% last week. With this big move, I had some shares of SPY called away on Friday (short call against long stock). This week we discuss a few ways to get right back into the market to position ourselves to […]
A scan of my portfolio shows many trades that are short volatility/long theta. The trades benefit from little movement and time passing. This works really well – until it doesn’t. Rather than Always selling options, I prefer to have a variety of volatility hedges (VIX, SPX butterflies, etc.). I also […]
I don’t actually have a Capital One (Ticker: COF) credit card in my wallet. I do have a debit card, though. I had my first online savings account with ING in the early 00s and Capital One bought them up back in 2011 for $9B. With this week’s trade, I’m […]
Simply put, betting against Apple is a bad idea. I’m going to recommend it anyway. 10 years ago Apple (Ticker: AAPL) was trading in the 30s. It is currently, as of 5/15/2020 above 300, up over 9 times while the broader market is up less than 3 times. Buying and […]