Tomorrow, October 21, I’m adding Puts on iron producer Vale on likely increase in global supply surplus
Brazil's iron ore giant Vale (VALE) Â reported on Monday, October 19, that it produced more iron ore than expected in the third quarter due to record volumes from newer mines in northern Brazil. This comes just ahead of a seasonal slowdown in demand from China. The...
Taking short-term profits in Wells Fargo Put options tomorrow–will look to rebuy
On October 8 in my Special Report "Your Investing Guide to the Next Dangerous 6 Stock Market Months" I recommended buying Puts on Wells Fargo (WFC) for my Volatility Portfolio as a way to hedge stock market volatility. If you had bought the January 15, 2021 Puts with...
Adding Puts on American Airlines tomorrow on Trump’s call to end stimulus talks
I've written in my Special Report: Your Investing Guide to the Next 6 Dangerous Months in the Stock Market that I had been waiting for shares of American Airlines (AAL) to move farther above $13 before adding Put options to the Volatility Portfolio. And over the last...
Buying target–not a buy–for American Airlines Put options
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Watch airlines stocks as coronavirus talks go nowhere
So far the stock market, in general, doesn't seem to be too worried that the talks over the next coronavirus stimulus/rescue package have collapsed--probably, it now looks, until September. Today, August 13, the Standard & Poor's 500 was down just 0.20% at the...
“Re-opening dependent” stocks outperform tech shares for another day–time to nibble on AAL, SIX, SHAK puts?
For yet another day shares of companies dependent on the re-opening of the U.S. economy and continued good news on job and spending gains during a time of coronavirus outperformed shares of tech companies. For example, while, as of 3:30 p.m. New York time today,...
The two ways I’m using options now
In my personal investment/trading account, I've divided my options positions  into two buckets and I'm using them in two very different ways. First, there's a handful of options that I'm trading, mostly to the Put downside on bets that any recent bounce in the...
Positioning ahead of earnings season uncertainty
As I wrote in my earlier Morning Brief, the stock market seems to be selling (generalization I know) what I'm calling "re-opening dependent" stocks. And nervous about the tech stock winners that have led the recent days in this rally ahead of next week's earnings...
A promising trading strategy for upcoming earnings season
I'd like to see this pattern season for a few more days--until next week I'd say--but I think I see a promising trading strategy for the second quarter earnings season that begins, in my mind at least, with JPMorgan Chase (JPM) before the market open on Tuesday, July...
Wells Fargo says it will cut its current dividend after Fed stress test
Wells Fargo (WFC) said today that it will cut its current 51-cent dividend after the Federal Reserve's most recent round of stress tests set new limits on dividend payouts and share buybacks. The bank said it will announce the size of the cut on July 14 when it...
For Friday, I’m adding more Puts on Brazil ETF and new Puts on Mexico ETF in my Volatility Portfolio
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