Sell Alert: Take Profits On Apple Put Spread

By Dan AmossPosted June 17, 2022

We are halfway into our max holding period through July expiration and already have an excellent return on our AAPL puts. Our max value of $10 per contract would be achieved by holding another month and expecting AAPL to close below $135. We think there are better risk/return trades than holding onto this one. Let’s take gains on this position now.

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Jim Rickards’ Crash Speculator

Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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Sell Alert: Close Out Chipotle Put Spread Expiring Tomorrow

By Kevin BarrettPosted June 16, 2022

In our latest portfolio update, we noted CMG had a small chance of falling below $1,220 by late in the week on June 17. It broke below that level on Monday, rallied on Wednesday, and is falling again today. Since this position will expire on tomorrow (Friday), today or tomorrow morning is a good time to exit this position.

Trade Alert: Rising Costs And Competition Puts Pressure On This Restaurant Chain

By Jim RickardsPosted April 20, 2021

Rising costs and increased competition spell trouble for restaurants who are still struggling with lockdown mandates and lower foot traffic as consumers remain cautious with pandemic worries. Today, Jim and Dan target this leading restaurant chain as these headwinds to growth puts pressure on its stock price.

WYNN Expiration

By Scott StewartPosted August 7, 2020

No action is needed on WYNN…

Trade Alert: More Lockdowns Puts Pressure On This Food Establishment

By Jim Rickards and Scott StewartPosted December 16, 2020

As we continue to experience a surge in coronavirus cases across America, lockdowns continue to threaten the survival of small businesses that are bricks-and-mortar operations and rely on in-person traffic for their revenue. Jim and Scott target this casual restaurant chain as the best way to profit as less consumer spending in its physical locations will hurt its bottom line and put pressure on its stock price.

Trade Alert: Twin Disasters Will Bring This Vulnerable Airline Down

By Jim RickardsPosted April 21, 2020

Even after the U.S. economy is opened up again, the airline industry will take years to recover because of travelers’ changed habits, lingering fears and the potential for continued high rates of infection in many travel destinations. Jim and Scott target one vulnerable airline stock facing not only the pandemic but its ongoing internal problems, which will create a further downtrend to their stock price.

Trade Alert: Heavy Insider Selling Signals Trouble for This Auto Retailer

By Jim RickardsPosted September 8, 2020

With savings rates near all-time highs and a glut of used cars due to the pandemic, the prospects for a used car dealer is negative. With an environment where consumers are keeping their wallets shut, struggles will continue in this sector. Jim and Scott target one leading retailer as the best way to profit as insiders start dumping stock at an all-time high level, bringing a loss of confidence and a downward trend for this company’s performance.