Kudrna's Stock Market Talk » Andrew Keene

Mid Day Unusual Options Dispatch – 12.27.2011

Andrew Keene — Tue, 27 Dec 2011 20:19:49 +0000

Report below:

Keene: Trade Of The Day – Buying the SUPERVALU (SVU) April 8 Calls for $.80

Andrew Keene — Fri, 23 Dec 2011 20:55:21 +0000

Profitable – I make money on this trade if SVU closes above $8.80 by April 20, 2012.

Break-even – I break-even on this trade if SVU closes at $8.80 by April 20, 2012.

Unprofitable – If SVU closes below $8.80, this trade will be unprofitable. The most I can lose is the amount I paid for the calls, $.80.

The reason I like this trade: Using unusual options activity once again, I saw a huge seller of SVU Jan 7.5 Puts for $.15. This could be a possible closing, but I think that SVU has more upside. I wanted to give this trade plenty time, so I bought the April calls. The stock is often in rumors of being bought as well Hence, I will be looking to take partial profits on a run up and possibly add on to the downside. Please feel free to email me with any questions regarding this trade at Andrew@KeeneOnTheMarket.com.

Keene: CBOE TV Interview – 12.23.2011

Andrew Keene — Fri, 23 Dec 2011 16:59:23 +0000

KOTM’s Andrew Keene shares his views on Amazon (AMZN).

Unusual Options Report – 12.22.2011

Andrew Keene — Fri, 23 Dec 2011 03:42:29 +0000

Unusual Options Activity Report below:

Keene: Trade Of The Day – Selling the Crox (CROX) Jan 15-14 Put Spread for $.40

Andrew Keene — Thu, 22 Dec 2011 20:49:53 +0000

Profitable – I make money on this trade if CROX closes above $14.60 by January 21, 2012.

Break-even – I break-even on this trade if CROX closes at $14.60 by January 21, 2012.

Unprofitable – If CROX closes below $14.60, this trade will be unprofitable. The most I can lose is the amount the spread is worth $1 minus the price I sold it for $.40 for a total of $.60.

The reason I like this trade: Using unusual options activity once again, I saw a huge buyer of CROX Jan 15 and Jan 16 Calls. I usually would buy calls with the customer, but I with January holidays ahead and the decline in the VIX I want to be a seller of options instead of a buyer. So, I sold the CROX Jan 15-14 put spread as the chart looks like it could be bottoming out at $14.20. If it trades under $14 I do not want to be long this stock. This is more of a position than a trade and I will monitor it, but will not be looking to add to it or take profits too quickly. Hence, we will be looking to take partial profits on a run up and possibly add on to the downside. Please feel free to email me with any questions regarding this trade at Andrew@KeeneOnTheMarket.com.

Unusual Options Activity 12.21.2011

Andrew Keene — Wed, 21 Dec 2011 22:46:39 +0000

Unusual Options Activity Report below:

Keene: Trade Of The Day – Buying the Jaguar Mining (JAG) March 6 Calls for $1.35

Andrew Keene — Wed, 21 Dec 2011 20:49:52 +0000

Profitable – I make money on this trade if JAG closes above $7.35 by March 16, 2012.

Break-even – I break-even on this trade if JAG closes at $7.35 by March 16, 2012.

Unprofitable – If JAG closes under $7.35, this trade will be unprofitable. The most I can lose is the amount I paid for the calls, $1.35.

The reason I like this trade: I continue to trade the unusual options activity game and it has been working out very well. I love the gold miners going forward as I think Gold can target $2000 as a hedge against the machine printing presses found at any global government. With JAG trading $8.50 just days ago, I think this is a great time to get long it, but I always define my risk vs reward. I bought the March 6 Calls for $1.35. I was looking at the March 7 Calls, but as everyone that follows me knows, as stock go higher, volatility gets crushed, so I would like to buy the March 6′s instead of the 7′s because they will perform immediately. Please feel free to email me with any questions regarding this trade at Andrew@KeeneOnTheMarket.com.

Unusual Options Activity 12.20.2011

Andrew Keene — Tue, 20 Dec 2011 23:10:15 +0000

Unusual Options Activity Report below:

Keene: Trade Of The Day – Buying the Oracle (ORCL) December weekly 29 Straddle for $1.45

Andrew Keene — Tue, 20 Dec 2011 23:04:30 +0000

Profitable – I make money on this trade if ORCL closes below $27.55 or above $30.45 by December 23, 2011.

Break-even – I break-even on this trade if ORCL closes at $27.55 or $30.45 by December 23, 2011.

Unprofitable – If ORCL closes between $27.55-$30.45, this trade will be unprofitable. The most I can lose is the amount I trade for the straddle, $1.45.

The reason I like this trade: We have seen huge movements on earnings and I always like to be long premium going into the number. I tried this for RIMM, but it worked out for a small loser. This time, I think ORCL will sell-off, but I want to play movement not direction. Please feel free to email me with any questions regarding this trade at Andrew@KeeneOnTheMarket.com.

Keene: Trade Of The Day – Selling the Vale SA (VALE) Jan 20-19 Put Spread for $.30

Andrew Keene — Mon, 19 Dec 2011 20:54:31 +0000

Profitable – I make money on this trade if VALE closes above $19.70 by January 20, 2012.

Break-even – I break-even on this trade if VALE closes at $19.70 by January 20, 2012.

Unprofitable – If VALE closes below $19.70, this trade will be unprofitable. The most I can lose is $.70, the amount of the put spread, $1, minus the price I sold it for $.30 for a total of $.70.

The reason I like this trade: Using unusual options activity once again, I saw a seller of 3,000 VALE January 20 Puts for $.62. Usually I would buy some calls once I saw this, but I do not want to buy too much option premium in January, so I decided to sell a put spread hoping for a bounce in the stock. I am risking $.70 on this trade to make $.30, but I will not start losing money on this trade until this stock sells off another 6%. Please feel free to email me with any questions regarding this trade at Andrew@KeeneOnTheMarket.com.