Tag: ibm

Narrow Bollinger Bands

I love earnings season and it starts Monday so I’m busy looking at charts and chains. One of my favorite scans is looking for stocks that are in a narrow bollinger band and looking for a catalyst to break them out. Earnings are a perfect time to enter trades that profit from moves in stocks

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You’re My Boy “Big Blue!”

I recently closed a position that had me short the November 125 calls in $IBM (with protection via long 130 calls). While I would have liked to still be in that position, I chose to close it recently to avoid a potential loss. One of my favorite strategies is to sell premium post eps at

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Pullback or Rollover

I don’t know the answer, but will keep an eye on certain levels in the major indices and manage risk to trade another day. Everyone, including the bulls, have been calling for a pullback and it’s healthy to have pullbacks. Problem is that if you don’t know the difference between a pullback or trend reversal

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Bifurcated Market

The market is showing its big ugly bifurcated head today as we saw a sustained sell-off yesterday greeted by a sustained buy-in today. Just what the confused investor needs, more ambivalence manifested in a wide trading range. For those of you that trade options, the credit spreads where Theta works as an employee, are where

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