Buy ITX SQ + buy TUR US (bought @ 19.83 and closed @ 22)
update on TUR US on August 15th: we close our risky long trade at 22 (bought at the open at 19.83 on Friday) August 10th: My first boss Mr Bouskela used to create "equilibrium…
Buy Atos through short put (AXI GR 08/17/18 P105 Equity)
Atos is downgraded by 2 brokers (MS & CS) and consequently plunges by more than 5%. CS doubts about the FCF sustainability. Shares are at a 18 percent discount to the analysts' consensus target price. The…
Buy gamma on Nasdaq100 with a 2% net delta short
Buy call 7400 for 10% notional + sell NQU8 for 7% of NAV Implied volatility on the Nasdaq (see figure below white line) is back to its low range: We close it 2 vega above at…
Buy Baidu below 230 through call spread
Baidu shares turn negative pre-market, giving up an earlier earnings-driven gain, as Google is reported to be pursuing a censored search engine for the China market. Baidu could lose significant search traffic and sales share if…
Buy Credit suisse below 16.2 and add in SC European longs
We recommend buying Credit Suiss-reg at 16 for a 21 target in the next 6 months. We also add it to our SC European longs. Stopped on November 12th
We buy Chinese names (1313 HK – 1288 HK – 386 HK) after signals of more accomodative fiscal policies in China
Further Signals of More Accommodative Fiscal and Monetary Policies in China: After some RRR cuts in 1H18 and allowing more flexibility for financial institutions to handle non-compliant WMPs, the authorities will now use fiscal policy…
Short ESU8 2800 target 2700 stop 2850
A bearish contrarian sentiment has just flashed on the S&P500, we go short for a target at 2700 with a stop at 2835. Then, option expiration oftens marks a reversal.
We take profit on our put on EEM and buy Copper
A very strong support has been reached on EEM and Copper. We want to fade trade wars correction as we did by a long CNH.
we take profit on our nasdaq convexity
We initiated the following strangle on 30/05, to cope with more volatile markets July 7050 Call – 6950 Put and this what we got. We doubled the net premium invested while the strategy remained market…
Close long WTI crude oil for a 5.2% return & buy CVX, HAL & SLB
OPEC has agreed to boost oil production, achieving a last- minute compromise that overcame Iran’s threats to veto any supply hike. The accord is a much-needed show of unity from the Organization of Petroleum Exporting…