Bears on Track for June Win

12:50pm (EST)

The bulls are still on track to win the week despite today’s pullback but the bears will win the month of June if current levels hold. Of course, with volatility at its highest levels in 2 years, anything is possible, especially with the Russell 2000 rebalancing into the close. This event could cause some added volatility and with today’s triple-digit move to the lows, the Dow has now made 100-point swings in 16 out of the last 20 sessions.

There are a number of stories we want to cover today , including Blackberry’s (BBRY, $10.80, down $3.90) 20% drop and Dendreon (DNDN, $4.20, up $0.12) nice pop, as well as our current trades. (continued…)

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We are having an incredible 2013 as our CLOSED 2013 Track Record is now a sizzling 78-39 with a boatload of triple-digit winners. Some of our recent gains include +140% on the SolarCity (SCTY) May call options, +173% on Big Five Sporting Goods (BGFV) May call options, +263% on Regeneron Pharmaceuticals (REGN) May call options and +206% on Goodyear Tire & Rubber (GT) June calls.

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Bears on Track for June Win

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