JD190305

JD Short Call Spread

This Trade Is It seems JD can’t do anything wrong. It had decent numbers on last week’s earnings, the market is feeling better about US-China trade, and the stock even rallied on the news that it would be merging with FTCH, a luxury online ...

DIA190301

DIA Long Put Spread

This Trade Is With the VIX sub-15 again, confidence that the market will continue to go higher is growing. The DIA is up 11% in the first two months of the year, which would ordinarily be great for a full year. But these days, bulls aren’t ...

GLD190226

GLD Long Put Spread

This Trade Is GLD has had a nice run this year on the hopes that inflation might come back, that interest rates might rise, and that equities might tank. It’s stalled out over the past couple of days, and dropped yesterday despite the rall ...

GS190222

GS Long Put Spread

This Trade Is So, GS and AAPL are teaming up and creating a credit card, eh? How convenient will it be to buy stuff and apps on your iPhone and run up the balance on your GS card? GS is looking to leverage its Marcus consumer lending with ...

LUV190221

LUV Long Call Spread

This Trade Is OK, who ticked off the ghost of Herb Kelleher? LUV dropped over 5% yesterday, the equivalent of 4 standard devs. Flight cancellations due to maintenance problems, delays in the new Hawaii routes, and a rising – if unnecessary ...

IWM190220

IWM Long Put Spread

This Trade Is IWM has been chugging uphill like The Little Engine That Could, rising almost 17% in 2019 so far. It’s been down only 8 out of the 33 trading days this year, which might make you think that the boxcars IWM is pulling are fill ...