I did a write-up on Seeking Alpha on CARA breaking down where the company will be in the future (about 6 - 9 months). I am adding this stock into my portfolio. However, I am expecting the price to drop somewhat and am looking to add in positions as the price moves lower. The more CARA falls, the more I will add in.
I am going long EURUSD at 1.1700. This is in line with my latest thinking from Seeking Alpha . I bought spot versus put options at a 1:2 ratio, respectively. My breakeven point on the options is roughly 1.1600 (along with the loss on the spot move lower). I am going to add in more EURUSD at 1.1600 and then put take profit above at 1.1650 if this hits. ...
I wrote up a thesis that I am working with for Bitcoin, BTCUSD on Seeking Alpha and the pressure that we will likely see to the upside. I am going to continually buy on the dips with options protection. I am long BTCUSD at $6,500.00 with a 2-day $6,500 put at a ratio of 1:2, spot:options. I have another buy order in at $6,250.00 with additional options to...
As I mentioned in my previous message, out of BTCUSD around $6,800.00. I thought the crypto would go down from here, as it has. I am looking to add a new, long position from here at $6,500.00. I am using these levels to simultaneously add in delta-neutral position by going long put options at $6,500.00. That level is currently trading at $90.00 bid/$100.00...
I got out of my BTCUSD long trade from earlier in the week. I went long at a few steps with Bitcoin, buying in at $6,250 and then again at $6,500 while incorporating options via my option account. The market just crossed the $6,800 level and I wanted to take profits. I wrote up on this subject a few days ago: seekingalpha.com and posted it here on Seeking...
I am still long $BTC $2,300.00 puts . I went long those puts and also went long spot. I got out of the long spot position yesterday giving me the puts at break even. Option volatility is high ; trading at 113%. I am waiting for a couple of days until that settles down so price mellows out, then I will likely get back in.
I am long AN $38.00 puts that expire ten days after the next earnings and revenue release. I expect the numbers to be poor, and I expect that the stock will sell off even more after this release. However, I got a message asking if I thought the market will go lower from here. Likely, not until the release. But, I will take if if it does go lower.
The consumer is slowing. Lending is cramping up. Used car prices are falling. Auto Nation has no chance of hitting their earnings expectation . With a $40.00 price, buying a $38.00 put with an expiration just past the earnings release, August 8th release, August 18th expiry date, the $38.00 put is bid at $1.35. That is a very easy long put position.
EURGBP is too high considering the fundamentals and potential of the Bank of England to end their QE. Comparatively, the ECB is dovish and will keep its program for some time. IF BoE does announce changes, EURGBP will collapse. I am shorting with an options position. A naked spot trade bears too much risk.
I am very bearish on the United States economy. Retail data has been sliding lower and I expect that to get worse before ti gets better. Plus, on aggregate, one company seems to be taking all the business away from the rest. The others will collectively drag down the industry as more and more consumers switch to online shopping. I am bearish on XRT and going...
Is BTCUSD going up or down ? There is no realistic way you can tell me, so don't. The real "man" for this trade says: "Who cares. I will make money either way." Deribit has at-the-money put options , expiring in 10 days for $130 USD to buy. The trade is simple: Go long 1 coin and buy 2 put options (That is your ratio). If BTCUSD goes up, you need a move...
Here's a crazy notion, and I am taking it. I am buying this dip on WTI . The rational is simple: It goes against everything the market is doing , and that is exactly the reason to do it. Who is left to sell? Is there more supply that will all of a sudden show up and be sold? No more than normal. It is the specs I am targeting. My position is going to be...
Respectfully.... if that is possible, I disagree with the Federal Reserve. I do not see how inflation can move higher in an economy that is slowing, income growth softening, retail consumption waning.... all amidst rising delinquency rates. I just have a tough time with what seems like basic economic principles. On the one hand, mopping up excess liquidity is...
I am a big believer in the crypto-currencies. I am a big believer that these currencies are going to go higher in a big way. Much higher. I am also a very realistic person in that during the journey higher for BTC and ETH, the currencies will not be heading higher in a straight line. Instead, there will be moments the currency goes up and down, but over a...
Bitcoin has failed again to clock the $3k level. This is the second major run at this level. There is no psychology involved as the currency has never been here before. It is just another level. But, this may be something that pushes the currency lower if too many individuals throw in the towel. I can see a test of $2k. I am out and I am going to wait this...
The economy is slowing. I have been saying this for a minute . Because of that price pressures are awaiting. This is the new normal. Bond yields are falling as investors adjust to the reality of a presidential administration that has no ability whatsoever to deliver any one promise and the economy's faltering. I have been shorting the US Dollar Index...
Talk about putting a surprise wrench in the system. I have been fairly bearish on WTIUSD - Oil . I went short just before the meeting and got out just two days ago. I was looking to go short oil again. However, oil and CAD move in lock-step, and there is a very strong correlation between interest rates and oil prices. Now that the Bank of Canada is raising...
I looks that BTCUSD is just about to blow through $3k. The other currencies, Stellar and Ripple, also look to move higher on a guilt-by-association basis . However, STrBTC will drop because the percentage gain is going to be smaller with STR versus the rise in BTCUSD. Be careful you are on the right side of this trade.