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How to Trade

Learn How to Trade:

One of the best ways to learn how to trade options is to use KeeneOnTheMarket’s Live Trading Room. Andrew Keene has over 10 years experience trading options on the Chicago Board Options Exchange. By subscribing to the Live Trading Room you’ll have 100% access to Keene’s trades thoughout the day.

Or you can learn how to trade options with Andrew Keene one on one. Get the mentoring you need to be a successful options trader from an 11 year trading veteran. Also are available are two and five day bootcamps from KeeneOnTheMarket. Another way to learn to trade options is to follow KeeneOnTheMarket’s permium twitter feed where you can track Keene’s trades thoughout the day.

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Has $AAPL Bottomed? $AAPL $QQQ 3.28.2013

EV/EBITDA is an interesting metric to use here. This multiple is a comprehensive figure used by most professionals, in addition to PE ratios. Enterprise value takes out cash, so AAPL’s valuation is organically displayed without its massive cash hoard. This does not mean however that one should go out and load the boat on AAPL, for technicals and traders control the tape in the short run. Fundamentals do, however, prevail in the long run. The longer time period is what most investors are playing for in AAPL. The firm is expected to announce a series of product refreshes later this year, around Q3.

salerno.mark.a@gmail.com 

salerno 3.28.2013

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Trade of the Day 3.27.2013

My Trade: Buy the NYT Oct 10 Calls for $1.10

Risk: $110 per a lot
Reward: Theoretically Unlimited
Breakeven: $11.10

Greeks of this Trade:
Delta: Long
Gamma: Long
Vega: Long
Theta: Short

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Biggest Bearish Activity 3.27.2013

Bear Market Sell Puts.pngPaper bought 855 AIZ June 37.5 Puts for $.50 (19.4 times usual volume)when stock was trading $43.99
Paper bought 400 EEP July 27.5 Puts for $.575 (3.5 times usual volume)when stock was trading $29.72
Paper bought 1500 AXL April 13 Puts for $.30 (5.3 times usual volume) when stock was trading $13.44
Paper bought 1570 TWX April 55 Puts for $.71 when stock was trading $56.17
Paper bought 600 BRFS June 20 Puts for $.55 (23.4 times usual volume) when stock was trading $21.99

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Biggest Bullish Activity 3.27.2013

bullish

Paper bought 6000 SE June 31 Calls for $.55 (3.1 times usual volume) when stock was trading $30.16
Paper bought 300 UEPS April 7 Calls for $.55 (9.0 times usual volume) when stock was trading $7.12
Paper bought 500 DSX May 11 Calls for $.30 (5.6 times usual volume) when stock was trading $10.31
Paper bought 370 TMV May 61 Calls for $1.35 (2.2 times usual volume) when stock was trading $56.02
Paper bought 239 GKK Aug 5 Calls for $.40 (3.2 times usual volume) when stock was trading $4.86

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Unusual Options Activity Report 3.27.2013

Chart Emini Pivot LevelsPaper bought 19,500 NYT Oct 10 calls for $1.0 (38.2 times usual volume) when stock was trading $9.82
Paper bought 6000 SE June 31 Calls for $.55 (3.1 times usual volume) when stock was trading $30.16
Paper bought 10,000 LXK Jan 2014 30 Calls for $1.65 (13.6 times usual volume) when stock was trading $26.19
Paper sold 10,000 HNZ Sep 75 Calls for $.10 (5.2 times usual volume) when stock was trading $72.07
Paper bought 3000 PLCM Oct 12.5 Calls and Sold Oct 10 Puts for $.05 credit (7.2 times usual volume) when stock was trading $10.85