by MaxGanik | May 20, 2016 | Blog, Finance
The last 24 hours have been a wild ride for Tesla. An upgrade from Goldman yesterday morning gave shares a nice boost, only to later give up those gains in the after hours after Tesla announced a stock offering of over $2 Billion. Today’s trading session would be an...
by MaxGanik | Aug 6, 2015 | Blog, Finance & Economics
Yesterday afternoon I decided to buy GMCR puts ahead of earnings. I bought the 60 weekly puts for $0.12. I sold them today for $6.00 even. That is a 5000% profit. I have not played many earnings this season because I wanted to better manage my risk but the risk/reward...
by MaxGanik | Jun 30, 2015 | Blog, Finance & Economics
Posted 6/30/15 14:05pm The market is at a turning point. The whole year has been very choppy, with trades not willing to make many directional bets. It seems like every bullish headline was followed by a bearish headline and vice versa. Is this the start of a bigger...
by MaxGanik | Mar 31, 2015 | Blog
Posted 3/31/15 20:35pm Over the last few weeks I have started to trade butterflies more frequently. I have been trying out a new strategy to fit my risk profile while increasing my profits exponentially with little added risk. The one thing that is needed to trade...
by MaxGanik | Jan 27, 2015 | Blog, Finance & Economics
Posted 1/27/15 12:49pm Treasury bonds have gotten off to an amazing start for 2015; the question is whether or not this performance will continue to be so strong. Last week, the ECB launched a massive bond-buying (QE) program, in which they detailed a plan as to which...
by MaxGanik | Dec 30, 2014 | Blog, Finance & Economics
Posted 12/30/2014 9:02pm Oil has been one of the most telegraphed stories of 2014, as we have seen Oil plummet 50% from the high. Right now Crude Oil is at $53 per barrel, the lowest it has been in over 5.5 years. While it is hard to say that this is the bottom for...