MSFT190321

MSFT Long Put Spread

This Trade Is In the World’s Biggest Cap Contest, the current leader is MSFT at $901 billion. MSFT is just off its all-time high price from a couple days ago, and it was down yesterday after eight straight up days. AAPL? It’s at $887 billi ...

RSX190320

RSX Long Put Spread

This Trade Is What’s that twinkle in comrade Putin’s eye? Why, it’s palladium, of course! /PA hit a record high yesterday, and as Russia is the largest palladium producer, the oligarchs must be grinning widely. The spike in prices had some ...

SPY190319

SPY Long Put Spread

This Trade Is These are the days of pitifully low IV ranks. With the VIX hovering just above 13, it’s no wonder most symbols have low IV. The S&P 500 keeps up its rally, however feeble, to reach its highest level for 2019, and the high ...

SPX190315

SPX Long Put Spread

This Trade Is Sic semper tyrannis! Yes, the Ides of March are the time to stick it (literally, in Brutus’ case) to the dictators in our lives. Given this nation’s origin story, I’m surprised that the Ides aren’t celebrated more widely. Sur ...

FXB190313

FXB Short Iron Condor

This Trade Is British PM May’s latest Brexit deal was rejected by the House of Commons, and that knocked the pound down more last night after dropping sharply yesterday, which came after a nice rally on Monday. Poor Britain. I’m not sure i ...

SBUX190306

SBUX Long Put Spread

This Trade Is I can say, with a probability approaching 100%, that SBUX’s new “Cloud Macchiato” will never (with my knowledge) cross my lips. That just means there will be more for Ariana Venti Grande. With coffee (/KC) futures on a long l ...