FDRY -23.71%, VRTS -14.01% Its sad!.....down so much tsk, tsk. Haven't even begun to sell my puts still 'shopping' for best sell offers but they are lookin' mighty sweet. Looking at about 300% for VRTS, and over 450% for FDRY! (of course we take out the price of the calls from the net profit but FDRY was very cheap, even cheaper than VRTS)
Next week we have about 1/5 as many companies reporting so we won't be having these kinds of gains. On the upside, we'll be able to analyze more though (like December) and maybe find some gems among the ruins (or Zircons among the gems)
emailed to subscribers yesterday at 11:34 (BEFORE the FOMC)
VRTS the February 40 calls as we said VIVBH alredy up $0.30 from the open as VRTS is looking nice today. You might want to lock in profits in the 38 area (spike high 38.20) but I'd keep the stop rather loose so as not to get stopped out too prematurely (37.50 or so) (INSURANCE the February 35 puts VIVNG at $0.70 you can wait a while but I would pick up at least 10 just in case)
FDRY is ascending with the rising 20 ma. 32 looks like an area you might want to watch but although FDRY did move up last quarter it is not guaranteed.
February 35 calls only $0.85 (OUJBF).. and February 30 puts only $1.15 (OUJNF) very cheap straddle. (heck its even cheaper than the INSP call options.