September 21, 2017 by CC • Trade Updates

In July we detailed a call calendar in the energy etf XLE. From July 18th: XLE ($64.90) Buy the Aug/ Dec 68 call calendar for 1.15 Sell 1 Aug 68 call at 17 cents Buy …

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September 20, 2017 by CC • Trade Updates

In early August we checked in on consumer staples etf XLP and offered a way to play for some downward pressure into year end. We did that by financing December puts with the sale of …

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September 19, 2017 by CC • Trade Updates

Last week we took a look at the breakouts in online payment companies and the new highs in credit card companies and wondered why American Express (AXP) hadn’t joined the party. We detailed a simple …

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September 14, 2017 by CC • Trade Updates

On Monday we took a look at Home Depot (HD) stock after it had backed off a bit after its run into Hurricane Irma that had taken it to resistance. Following the storm the stock …

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September 13, 2017 by CC • Trade Updates

In late August (and all the time really) we discussed beaten up retailers and which might have a good defense strategy vs Amazon. Williams Sonoma stuck out as an interesting example. From August 23rd: it’s …

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September 11, 2017 by CC • Trade Updates

Going into (Broadcom) AVGO earnings on August 24th, we detailed a fairly simple over-write for those long the stock. Following the earnings, the stock was lower, with the call sale providing a little bit of …

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September 7, 2017 by CC • Trade Updates

In July we wrote about the energy sector, focusing particularly on its relationship to the dollar. We also detailed a call calendar in the Energy etf XLE as it neared the upper band of its …

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August 29, 2017 by CC • Trade Updates

We’ve discussed Consumer Staples stocks a bit in the past few weeks. We look at that group as fairly expensive in an expensive market. Amazon’s recent moves in bricks and mortar is likely to also …

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