Year: 2010

Quadruple Witching – What is it?

by Jared Levy on June 18, 2010 Don’t worry, the wicked witches from each nautical direction aren’t going to come swooping down on their broomstick, although it may feel like that now.  Quadruple witching happens on the third Friday at the end of each quarter – March, June, September, and…
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Here Come the Earnings…

by Jared Levy on June 16, 2010 It’s the broken record that we traders love to play again and again.  While the process is the same, the outcome is almost always different.  Earnings season is often a catalyst for change in a stock’s direction, volatility, and even sentiment.   It can…
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CBOE Options Coming to Market

by Jared Levy on June 14, 2010 The Chicago Board Options Exchange, which is right across the street from where I’m sitting as I write this, is bringing their shares to market tomorrow, 11.7 million of them initially under the ticker CBOE. They are looking to raise at least $339…
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Trading Cautiously with Cash-Secured Puts

by Jared Levy on June 14, 2010 Contemplating dipping your toe into the market?  If you are one of those traders who has been sitting in cash altogether or is thinking about adding to your existing positions, some options strategies may offer an alternative to buying stock outright.  This may…
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Gold is on a Tear Again…

So the yellow metal is back on the upswing and so is the dollar. When you are buying gold, on some level you are getting short the U.S. dollar.  But what if you want to remain long the dollar as well?  As a result, any investment in gold itself may…
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An S&P 500 Earnings Update

by Jared Levy on June 3rd, 2010 *Data courtesy of Bloomberg So the second-quarter earnings season has basically ended and the S&P 500 Index (SPX) just had its worst monthly performance in almost 50 years, dropping 8.2% in May. In terms of earnings numbers for the overall index and the…
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