Sell Alert: Sell Your IEF and SBUX Options Expiring Friday

We recommend selling two positions that will expire in two days, on Friday afternoon. IEF has more potential to rebound. But weighing risk and reward, it makes sense to sell this position now. We still expect Starbucks’s same-store sales to turn negative and for the stock to fall much further. Unfortunately, we are running out of time with this position as well.

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Jim Rickards’ Countdown to Crisis

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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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