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Archive for November, 2011

Posted by Martin November 03, 2011

Potash Corp (POT) diagonal Spread

Another trade I am planning to take is a long term diagonal spread on Potash Corporation (POT). The stock recently (on multi-year chart) had run to a multiyear high at the beginning of 2011 and then it corrected down to around $45 a share. Potash Corporation of Saskatchewan Inc. produces and sells fertilizers and related Continue reading →

Posted by Martin November 02, 2011

Short Wynn Resorts Ltd (WYNN)

Short Wynn Resorts Ltd (WYNN)

I had a short discussion with one of my readers via emails whether I would be willing to be issuing a newsletter in which I would be presenting my trades. I am not planning to do that at this point. Maybe later. However, I will try to present some of the trades I am considering Continue reading →

Posted by Martin November 01, 2011

Greece hazarding with trust of other countries and investors

It doesn’t even make any sense to comment the news about Greece to vote in referendum about accepting next help from other members of EU. Unfortunately I opened some protective short puts recently which eliminated much of the gains I could make today. But no worries, we will be heading further down. Happy Trading!