CERN has made a jump today and I am going to suggest you book the profit on the position. This is mainly because of a technical condition. It is right up against the upper band band on the 60-minute chart and it seems to be a great place to book the profit. Here is how
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to a six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
Today I would like to make a suggestion on a position we traded before. But, today I am going to suggest a covered call. The stock is ProAssurance Corp. (PRA). PRA is trading at $16.45 as I write this. My suggestion is to buy PRA at the market. Then Sell to Open (1) August 21st
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to a six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.
I would like to make a suggestion on a debit spread and the stock is Zendesk, Inc. (ZEN). ZEN is trading around $88.15 as I write this. My suggestion is to trade the August monthly options that expire on August 21st. This gives the stock about two weeks to make a move. Here is how
I mentioned this morning that I would be looking to close the QQQ debit spread we placed yesterday. There are two main reasons for this. The first is that I did not suggest you buy a lot of time. And the second is that the QQQ is flirting with the upper band on the daily
Today I would like to make a suggestion on a short term debit spread. The stock is the CME Group Inc. (CME). CME is trading around $166.72 as I write this. I am going to suggest you trade the weekly calls that expire on July 17th. Because I am not suggesting buying a lot of
As I mentioned in this mornings update, I wanted to collect some call premium on the CLVS position. In order to do that, I am going to suggest you sell the series that expires on July 10th. Here is the trade: Sell to Open (1) July 10th - $7.50 Call for every 100 shares you
Today I would like to make one more suggestion. And it will be a covered call. The stock is DXC Technology Co. (DXC). DXC is trading at $16.34 as I write this. My suggestion is to buy DXC at the market. Then Sell to Open (1) June 19th- $17 call for every 100 share you
While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to a six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three-day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.