Options Archive

Top Gun FP Client Note: Two Stocks For A Range Bound Market

In range bound markets, 90% of the return comes from dividends.   - Vitaly Katsenelson, author of Active Value Investing: Making Money In Range Bound Markets (Wiley, 2007), on CNBC's Closing Bell, Tuesday February 16 In last week's ...
Posted by Greg Feirman  ·  No Comments »

Susquehanna’s Billionaire Founder Jeff Yass Honed His Mind on Probability Theory And Poker

I learned more about option trading strategy by playing poker than I did in all my college economics courses combined. - Jeff Yass, The New Market Wizards: Conversations With America's Top Traders (1992), p. 396 - ...
Posted by Greg Feirman  ·  No Comments »

You Know I Don’t Play Bad Baby!

April 17, 2008  ·  Category: Market Commentary, Options, Stocks
Well, well, well, whatdyaknow: Google beat analyst expectations (GOOG Earnings Release) and the stock, weighed down by fear and pessimism, is borne again.  Google lovers must be feeling like they've been touched by the holy ghost because they ...
Posted by Greg Feirman  ·  No Comments »

Getting Ready For Google

April 17, 2008  ·  Category: Market Commentary, Options, Sentiment Analysis, Stocks
With no clear indication of which way revenues are trending, this is a tough quarter to trade. - Jason Helfstein, Analyst, Oppenheimer The uncertainty surrounding Google's forthcoming 1st quarter earnings report is incredible.  Are they going to ...
Posted by Greg Feirman  ·  No Comments »

Somebody Knew About News Corps’ Bid For Dow Jones – And Made a Killing

May 2, 2007  ·  Category: Business Culture and Current Events, Options
An interesting little post (subscription required - ???) over at the WSJ's Deal Journal blog: Trading [in Dow Jones options] was particularly heavy April 17 - the day we're told the approach from Murdoch was made ...
Posted by Greg Feirman  ·  No Comments »

Did Steve Jobs and His Executive Team Steal $40 Million From Apple Shareholders in 2001? ; Truth vs. Power: Even If He Did, He’ll Be Untouched

April 26, 2007  ·  Category: Business Culture and Current Events, Options
Ever since reading Steve Jobs phenomenal graduation speech at Stanford University in 2005 I've been a fan and a believer that he was a business leader with a solid moral center.  But a startling front ...
Posted by Greg Feirman  ·  No Comments »

Sell the Nasdaq-100 Trust Jun07 $43 (QQQFQ) Calls

March 6, 2007  ·  Category: Options
In a post from about 3 weeks ago (Wed Feb 14, 2007) entitled "All Clear Ahead" I recommended going long the Nasdaq-100 Trust in the form the Jun07 $43 calls (QQQFQ) which could be had ...
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A Breakdown of Today’s Trading in Nasdaq 100 Trust (QQQQ) Options

February 14, 2007  ·  Category: Options, Sentiment Analysis
                          Puts            Calls          Put/Call Ratio February           117,646       134,162            .88 March               236,974       160,127           1.48 April                   43,401          9,966            4.35 Source: Scottrade, as of approx. 3:00pm EST What this tells us, I think, is that there are still alot of bears out there.  Even though options buyers are bullish ...
Posted by Greg Feirman  ·  No Comments »

All Clear Ahead – Bernanke Gives the Market a Green Light

February 14, 2007  ·  Category: Market Commentary, Options
In his semiannual testimony before Congress which began this morning (Wed) at 10am EST Fed Chairman Ben Bernanke said that he is comfortable with current interest rate levels and that the factors contributing to inflationary ...
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Top Gun Closes Out Its S&P 500 Trade for a 35.6% Gain in 8 Weeks

January 22, 2007  ·  Category: Options
Our S&P 500 calls (Jan07 $137) expired last Friday.  I closed them out in the last hour of trading on Friday for $5.90 - (I forgot to give the instructions to do so here on the ...
Posted by Greg Feirman  ·  No Comments »