Trader's Profit Compass

Trader's Profit Compass
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  • Weak data prompts China to devalue the yuan  [View news story]
    justaminute.........they are fine....
    7.0000% GDP and 4.000000% unemployment... everything on track. /sarc
    Aug 11, 2015. 03:03 AM | 1 Like Like |Link to Comment
  • Gilead Sciences Is At It Again  [View article]
    Brian Kelly on Fast Money maintains $GILD is a melting ice cube...........
    Fade Brian works 90% of the time
    Jul 29, 2015. 06:37 PM | 7 Likes Like |Link to Comment
  • Gilead Sciences Continues To Surprise  [View article]
    Fade Brian works 95% of the time
    Jul 29, 2015. 05:46 PM | 1 Like Like |Link to Comment
  • Gilead Sciences Continues To Surprise  [View article]
    I am not surprised in the least. $GILD rarely disappoints. THe only persons who are disappointed are Dan Nathan and Brian Kelly who maintain $GILD is a melting ice cube.
    BK recommends GILD spend $40B on a company w/ no drugs or revenue but big dreams to re-energize the stock
    Jul 29, 2015. 10:14 AM | 5 Likes Like |Link to Comment
  • Gilead: Buy The Dip Before Tuesday's Results  [View article]
    Hi Bret; i realize you wrote the article last week, but the title is misleading.
    $GILD reports after the bell tonight.
    Jul 28, 2015. 08:31 AM | Likes Like |Link to Comment
  • Chesapeake Energy: If You Were Disappointed By The Recent News, Don't Be  [View article]
    From an option market perspective, Sharpies have their Bazookas aimed at this thing.
    As an FYI Just from today;
    Nearly $3M in put prem bought on 7x avg put volume Trading 6 puts for every 1 call. including one trader who bought 26,000 Jan 2016 $7 P for $1.30 or $3.38M
    lots of other trades targeting Jan 9 P , 8 P and 7 P.

    These trades dont mean they are necessarily right, but a lot of big guns firing at will on $CHK and have been for weeks and weeks.

    No position
    Jul 23, 2015. 05:00 PM | 1 Like Like |Link to Comment
  • Supply, oil rig data drives down crude prices  [View news story]
    The 85-90 dollar hedges are rolling off and cash flow will begin to be impacted; they'll need to pump more to keep the lights on and service their debt..

    Just an opinion, no expert
    Jul 4, 2015. 01:47 PM | 4 Likes Like |Link to Comment
  • Caterpillar: Attractive Pricing With Cyclical Challenges  [View article]
    Rolling machine orders have been down double digits for months and months on end. ....i think the real business is deteriorating. Buybacks have prevented a collapse but that can only last so long.
    Additionally, from a technical standpoint, the stock has completed a 38% retrace of the big drop from $105 and is now failing at the 200dma.

    Order flow has been persistently bearish w/ traders targeting Aug 80P and Nov 70P.

    I think it rolls over here. Not in the trade but certainly would not want to get long.
    Jun 17, 2015. 01:02 PM | 1 Like Like |Link to Comment
  • Sandridge's B.S. Verse 2: 'Lien On Me'  [View article]
    I wish Leon Cooperman would have consulted w/ me prior to investing. $SD is a wretched company that is very accomplished at capital destruction
    Jun 16, 2015. 08:28 AM | 4 Likes Like |Link to Comment
  • China Takes Advantage Of A Preoccupied World  [View article]
    Excellent article. I have admired China's ability and willingness to play the long game. Maybe that admiration comes out of my frustration that our political system seems to reward the opposite. Looming long-term problems are barely acknowledged let alone addressed.
    Jun 2, 2015. 07:27 AM | 4 Likes Like |Link to Comment
  • Investing In American Campus Could Make You Smarter  [View article]
    As part of my trading program, i seek out and monitor unusual option activity.
    $ACC typically trades less than 10 contracts a day on its option chain. On Friday, May 22 however, somebody bought 1450 Sept 35 Puts. These contracts now reside in open interest. When option activity like this is seen, one never knows the trader's motivation. Could be stock specific knowledge, a bet on higher rates, or a hedge against a large long position. Given the size of the trade in comparison to normal activity in the name, I think its noteworthy and something to keep in mind for those long $ACC.
    i have no position in the name.
    May 26, 2015. 08:42 AM | 2 Likes Like |Link to Comment
  • Gold - More Of The Same  [View article]
    Its a bearish article. What are you talking about?
    May 26, 2015. 08:06 AM | Likes Like |Link to Comment
  • Is There A Dividend Bubble: Kinder Morgan Edition  [View article]
    Bull call spreads bought; no doubt about it. Saw most of them as they happened. i have modest position in same spread. Just following the money.
    Will be monitoring that OI closely going fwd.
    May 11, 2015. 08:55 PM | 1 Like Like |Link to Comment
  • Is There A Dividend Bubble: Kinder Morgan Edition  [View article]
    In the past couple of weeks, 380K of the Jan 2017 50 / 60 call spreads have been purchased for around $40M. These contracts sit in open interest.
    Doesnt mean this institution is right, but it does mean they are betting $40M that they are........
    May 11, 2015. 06:23 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan Is Primed For Acquisitions In 2016  [View article]
    now 380K contracts in the jan 2017 50/60 call spread
    May 11, 2015. 04:35 PM | 1 Like Like |Link to Comment