I wanted to provide a quick update on one of the current trades ahead of the weekend.
Trade Update (AMZN)
Trade Update (AMZN)
The spending spree at Amazon.com (AMZN) continues at all costs, literally, as the company reported a wider-than-expected loss for the quarter. It was nearly a given that they would come in with heavier losses, but investors are starting to tire of its massive investments and disregard to become a consistently profitable company.
Trade Update (AMZN)
I wanted to provide a quick update on our Amazon.com (AMZN, $315.47, up $0.14) trade from this morning ahead of the earnings announcement on Thursday, Oct. 23, after the close.
New Strangle Option Trade (AMZN)
Buy to open the AMZN November 360 calls (AMZN141122C00360000, $2.10, up $0.80).Buy to open the AMZN November 260 puts (AMZN141122P00260000, $1.95, down $0.60).
New Trades (ARUN, BAC)
Buy Aruba Networks (ARUN, $19.24, down $0.20).
Sell to open the ARUN November 20 calls (ARUN141122C00020000, $1.20, down $0.15).Buy Bank of America (BAC, $16.23, up $0.15).
Stop Triggered on Vanguard Natural Resources (VNR)
Stop triggered on Vanguard Natural Resources (VNR).
New Sell: Hercules Offshore (HERO)
Stop Limit triggered on Hercules Offshore (HERO).
Profit Alert: Discovery Laboratories (DSCO)
Take profits and sell to close Discovery Laboratories (DSCO) – Stock Trade