Closing an Oil Winner (FCX)

Executive Lounge, Options Trader Elite

Before we dive into the cheesecake, a quick word on oil. We’re of the opinion that this week will tell the tale for oil for the next four to six months, at least. The charts show that both the United States Oil Fund (NYSE:USO) and the Select Sector SPDR Energy ETF (NYSE:XLE), the first a […]

May 26, 2015

Oil Back On The Rise

Executive Lounge, Options Trader Elite

With last Friday’s options expiry we have six trades to report, a few of which put blockbuster gumbo in our pockets. We run them down for you now, one by one. Our first report is from our September 30th trade. The letter was called How to Profit as America Goes to Hell, and in it […]

April 21, 2015

A ‘Rising Sun’ Pairs Trade

Executive Lounge, Options Trader Elite

Before all else, we’re going to revisit and close down a profitable trade. It’s a pairs move that we launched about six weeks back in a letter called Apples Fall and Cars Go Vroom!, in which we recommended he following action – buying TSLA April 230 CALL for $3.90 and selling AAPL April 135 CALL for $4.10. Every […]

April 14, 2015

Clean Shaven Legs Review

Bourbon & Bayonets

Well, we did it. We arrived at the end of the year with our limbs intact, our pocketbooks bursting with newly won cash, and our minds… well… sort of. Anyway, we thank the Great One (not Gretzky) for his help, despite the fact that our mid-year predictions for most markets were weaker than usual. And […]

January 8, 2015

Horrifying Research Reveals Rally-Ready Market

Bourbon & Bayonets

It’s time again to peer into the darker corners of the equity market, where only the brazen and stout of heart dare to tread. Please do follow along. We’re going to look at three distinct sectors of the market today in an attempt to build a composite picture of where things are headed over the […]

May 15, 2014