Martin Z.

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New trade - FCX

Martin Z. posted an article on - Jan 10, 2012, 1:02 am
Freeport McMoRan (FCX) Bear Call spread BTO 1 FCX Feb18 2012 42.00 Call STO 1 FCX Feb18 2012 39.00 Call Price: limit credit $1.20 Max risk: $180 Max gain: $120 if price stays below $39 at expiration Update: 01/10/2012 - filled @ $1.2 ($120 credit) This is a post from: www.hellosuckers.net. If...
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New trade - DO

Martin Z. posted an article on - Jan 6, 2012, 11:33 pm
This trade shall open on Monday next week: Diamond Offshore Drilling Inc (DO) Iron Condor BTO 1 DO Jan21 2012 66.25 Call STO 1 DO Jan21 2012 61.25 Call STO 1 DO Jan21 2012 52.00 Put BTO 1 DO Jan21 2012 47.00 Put Price: limit credit $4.61 Max risk: $39 Max gain: $461 if price is between 52.00 - ...
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New trade - UNG

Martin Z. posted an article on - Jan 5, 2012, 7:50 pm
U.S. Natural Gas ETF (UNG) Long call BTO 1 UNG Apr21 2012 7 Call Price: limit debit $0.25 Max risk: $25 Max gain: Unlimited Update: 01/07/2012 - canceled, it didn’t meet the entry price This is a post from: www.hellosuckers.net. If you want to know more about investing in stocks using Rever...
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New trade - GLD butterfly

Martin Z. posted an article on - Jan 4, 2012, 6:34 pm
When looking at GLD recently, we can see that it broke below its 200 day MA as well as it broke thru its long term trend. It seems GLD is poised to go lower. Today the market showed a bit weak trading (compared to yesterday’s big move), so I believe, GLD can get lower during this month. Right now ...
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New trade - ATI; Trade adjustment - SLB

Martin Z. posted an article on - Jan 4, 2012, 1:25 am
I am going to open a new contingent order: Allegheny Technologies Long Puts Contingency: If the stock’s last price is greater or equal than 54.20 then: BTO 1 ATI Apr21 2012 55 Put Price: at market (expected price per contract would be $6.2) Max risk: $620 Max gain: Unlimited (potential targe...
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Does the market resume its downtrend?

Martin Z. posted an article on - Dec 13, 2011, 2:49 pm
... territory. When you look at where SPY (for example) is trading (or ... regular correction or consolidation to me. I still think this market will ... different nations, languages and moral. And I understand it. A recent poll ... accept such policy at this time? I guess nothing. As soon as ...
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Even the EU leaders admitted they were surprised of the rally

Martin Z. posted an article on - Dec 12, 2011, 11:47 am
Yesterday I have read an article in The Guardian that even the EU leaders were surprised of the Friday rally: “We were quite surprised that the markets reacted as well as they did on Friday,” EU officials said on Sunday. “We thought they would really tank and there’s still this legal uncert...
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Europa: once again an important "nothing" came out

Martin Z. posted an article on - Dec 9, 2011, 2:59 pm
Here we go again. How many times have we heard the same proclamations out of the European leaders summits? Investors are hoping for leaders to give them a solution and they take every word those politicians say very seriously and - overreact. So what we have heard so far? Nothing actually. Every da...
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Market rallies on utopia

Martin Z. posted an article on - Dec 9, 2011, 10:13 am
Last night, the European leaders tentatively agreed on national budgets controlled by Brussels. I cannot imagine Greeks, British, Spain, Czech Republic, Slovakia or other European countries with historical animosity towards Germany and each other allowing anyone telling them what they should do with...
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SPX turning down

Martin Z. posted an article on - Dec 8, 2011, 12:54 pm
Interesting market these days. I couldn’t believe what I saw. Using common sense everybody could see that this rally is not sustainable, yet the market was rallying. Maybe it is due to a fact, that vast majority of mutual fund managers are under-invested, they missed this rally and they are terrib...
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Farage: EU agreement is not bailing out Greece, but keeping it in prison

Martin Z. posted an article on - Oct 27, 2011, 8:44 pm
This is a post from: www.hellosuckers.net. If you want to know more about investing in stocks using Reverse Scale Strategy or my Portfolio performance visit www.hellosuckers.net blog today. If you are reading this post anywhere else besides Hello Suckers! blog, then it has been shamefully stolen. ...
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Did EU summit solved the debt crisis in Europe?

Martin Z. posted an article on - Oct 27, 2011, 7:40 pm
The financial market is now enthusiastic about the deal the leaders of European Union reached in overnight summit. The Dow shot almost 4% up today. I, however, wonder how the (today) optimistic investors will react when the actually read the agreement and find out that it was a very vague proclamati...
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Is this market sustainable?

Martin Z. posted an article on - Oct 27, 2011, 2:50 pm
Some say do not fight this rally, we broke up and running, some say this is not sustainable. Stocks around the world are exploding higher on Thursday after Eurozone officials announced a deal they hope will forestall, if not prevent, a financial meltdown in Greece from spreading throughout Europe a...
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Market jumps 2% on European phrases and proclamations

Martin Z. posted an article on - Oct 27, 2011, 10:44 am
I wonder if anybody read what was the outcome of the overnight EU summit. As many experts expected, the EU leaders came out with empty phrases and proclamations and no details. The report of the meeting is just three pages long. Generally, EU talked banks and lenders into writing off 50% of the Gre...
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Funny, China about to invest in bad European debt

Martin Z. posted an article on - Oct 26, 2011, 3:53 pm
In the morning I thought that there would be no such a fool investor who would be willing to put his money into European debt and here we go! China claimed that they would step in and buy European bonds. Thus I do not know who is a bigger fool here. Or maybe China needs to get rid of some dollars, w...
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Will a write off of Greek debt solve its problems?

Martin Z. posted an article on - Oct 26, 2011, 12:35 pm
The leaders of EU are debating how to bankrupt Greece effectively and without a sudden shock. They are proposing that banks should write off 60% of Greek debt, but bankers are willing to accept only 40%. But will this write off solve Greek problem? Partially. It would definitely help Greece to bala...
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Market up 1% in the morning on hopes for European "comprehensive" plan

Martin Z. posted an article on - Oct 26, 2011, 12:06 pm
This morning I checked the premarket data to see what is driving or will be driving the market in the morning. And I found an article on CNN Stocks: Optimistic about Europe … for now. So investors are optimistic this morning about Europe leaders who are going to meet today and later on they shoul...
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SPX up again! Is it a buy opportunity?

Martin Z. posted an article on - Oct 24, 2011, 8:15 pm
Many investors may be celebrating and cheering up the market’s performance these days. The economic data are good looking, Eurozone is close to a debt solution, the market is rising, all is good! Buy, buy, buy… You may be hearing that or something similar today. But is everything really that br...
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Stocks up again on earnings

Martin Z. posted an article on - Oct 22, 2011, 1:22 pm
Last week I didn’t have time for updating my web site. There are only two facts: 1) The market was rising again, this time on earnings 2) I am no longer strongly convinced that the market will go down. That means I will stay aside a bit in regards to trading SPY. We may go up to re-test 200 day...
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Stock advance on Europe hopes

Martin Z. posted an article on - Oct 12, 2011, 7:22 pm
Source CNN Money A broad rally lost steam during the final minutes of trading, but stocks still ended sharply higher Wednesday as investors welcomed the latest plan to recapitalize European banks. “We’re continuing to see a shift in investor sentiment,” said Art Hogan, managing director at L...
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Will the market skyrocket or dive?

Martin Z. posted an article on - Oct 11, 2011, 3:34 pm
We have had an impressive re-bound these days, but is this rally sustainable? The market is already showing a sign of weakness. Today’s trading is forming a shooting star candle (we are not done yet, so by the end of the session all can be different). The volume is rising and we seem to be exhaust...
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Is the market rebounding?

Martin Z. posted an article on - Oct 11, 2011, 1:14 am
Today’s trading, although based on hopes, could be read as a reversal approach. We broke significantly above 50 day MA. The volume was a bit weak, but still, the rally can count as a breakout. The question is whether it will mark a rally attempt and we are ending the bearish trend or this would be...
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Here we go again, hopes, pledges and promises

Martin Z. posted an article on - Oct 10, 2011, 10:26 am
Market is growing again. On hopes, promises and pledges. A big bang is close, when those idiots in the market realize, that these are just plain promises which cannot be accomplished without hard and merciless changes or cuts. While talk of a strategy is encouraging, the lack of details is keeping ...
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Unbelievable movement of the market

Martin Z. posted an article on - Oct 7, 2011, 11:10 am
I am surprised what moves the market today. When you look at all data coming out of Europe and the US, one cannot believe this market is rising. Well, it is happening (maybe today I should say it was happening, since I think we are at reversal). I swallowed my pride, sold my SPY puts with a loss and...
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Stocks rise on hopes for European banks

Martin Z. posted an article on - Oct 5, 2011, 11:35 pm
In the article on Yahoo.com “Stocks rise on hopes for European banks” I have found a following comment from a user named Kristen: Last night, John Moulton, in an interview on the news said that the EU has no real plan to shore up the debt crisis & in essence, US traders will believe what they w...
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SPY rised almost 2% on hopes for rescue of European banks

Martin Z. posted an article on - Oct 5, 2011, 4:10 pm
The market (SPY) rised on hopes and wishful thinking today on mediocre volume. Nothing exciting today. “The market is trading on sentiment right now, not fundamentals,” said Rob Stein, head of Astor Asset Management. “People are hoping that the bounce yesterday means that we’ve hit a bottom...
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Stock market in rollercoaster

Martin Z. posted an article on - Oct 4, 2011, 11:31 pm
Wow, today’s trading was really crazy! I must admit I suffered some big hits today. Well, overall I am still up and making money, but some $500 day loss. Little bit less than that, actually. What’s crazier here is the reason for such irrational move of rallying up in the last 30 minutes of trad...
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Fed is going to help faltering economy, said Ben Bernanke

Martin Z. posted an article on - Oct 4, 2011, 2:14 pm
(Reuters) - The Federal Reserve is prepared to take further steps to help an economic recovery that is “close to faltering”, Fed Chairman Ben Bernanke said on Tuesday. Great! And investors got crazy about this proclamation and started buying. Good move if you want to lose money. Are these idiot...
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S&P 500 enters a bear territory

Martin Z. posted an article on - Oct 4, 2011, 10:45 am
Experienced traders and investors analyzing markets on daily basis knew this in the beginning of August 2011. The market started this process of reversal in February 2011. we went sideways and we were creating a head and shoulders pattern (see my previous posts speaking about it during June and July...
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Korea Halts Trading After 5% Slump

Martin Z. posted an article on - Oct 3, 2011, 11:08 pm
South Korean shares opened sharply lower Tuesday as investors offloaded stocks following a slide on Wall Street and amid concerns that Greece is slipping closer to a default. The Korea Exchange briefly halted program trading to alleviate some of the selling momentum after the main Korea Composite S...
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Shorting SPY once again

Martin Z. posted an article on - Oct 3, 2011, 2:58 pm
Based on the current trading I decided to enter my puts at this point. So I bought 2 contracts of November SPY puts @111 strike. If the market reverses I will quickly liquidate this trade, but if it continues down I will stay riding it. Happy Trading! This is a post from: www.hellosuckers.net. If ...
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Market ends third quarter with heavy losses

Martin Z. posted an article on - Oct 1, 2011, 11:30 am
As I wrote in my previous post, investors were just buying a pure wishful thinking, hoping for better times, improvement and trying to avoid recession (in their thoughts). Although some data from US came better than expected, they weren’t strong enough to offset bad data from Europe. So watch the...
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Market slips after 4 day ride up.

Martin Z. posted an article on - Sep 28, 2011, 4:33 pm
As I expected, the market lost its steam. Seller stepped in and they were selling. Stocks struggled to rise. Durable goods orders slid as expected. Today morning I bought my SPY puts to ride this downturn. At this point it seems like the market is trading in a range within a bear market. We may re-t...
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Stocks end with intraday losses

Martin Z. posted an article on - Sep 27, 2011, 4:22 pm
As I was expecting a few hours ago, this market wasn’t strong enough to sustain the gains and closed lower on intraday basis. SPY opened at $118.53 and closed the day at $117.55, not a huge loss, but an evidence of losing steam. Also periodicals are speaking about downside risks outweighing upside...
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The market continues up on hopes and wishfull thinking

Martin Z. posted an article on - Sep 27, 2011, 2:44 pm
Investors are tired, exhausted and frustrated seeing the market tanking for this long time without any bright light at the end of the tunnel. Therefore they are literally buying any news and today is a great example of them trying to convince themselves that we are out of the forest and we will be g...
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Funny Money

Martin Z. posted an article on - Sep 27, 2011, 10:30 am
It is really funny watching what the market is doing these days. Optimism replacing pessimism within days. Last week we heard what the worst week for the markets it was since 2008 and today we see a great optimism again just to be replaced with a pessimism next week. Today, the news are trumpeting ...
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Impressive rally today, but not convincing

Martin Z. posted an article on - Sep 26, 2011, 9:12 pm
The market rallied (SPY) today and the rally was impressive after a week of fall. But what is behind this rally? Let’s take a look at fundamental reasons, at least, what I could see on the Internet: Stocks jump on hopes for a Europe fix; Dow up 272 That’s what Yahoo! says as its top story. And...
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Agribusiness ETF (MOO) a long term trade with income stream

Martin Z. posted an article on - Sep 23, 2011, 10:59 am
In many of my previous posts I mentioned that I like my investments to create income, which can be used for further investments. There is an ETF which can provide this opportunity. It is Agrobusiness ETF (MOO) and it trades in a channel and it touched its lower boundary of the range. It is highly ex...
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SPY puts closed on rising market

Martin Z. posted an article on - Sep 23, 2011, 10:00 am
The market waved losses at the opening and continued growing after yesterday’s sell-off. Looks like investors are at ease for now. It is understandable. I decided to get out of my SPY puts to protect my gains and re-enter later. Yesterday SPY didn’t get through its support level. The last 30 min...
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Saga continues

Martin Z. posted an article on - Sep 22, 2011, 12:37 pm
The market dropped to my re-entry buy point and I re-entered SPY put position. The market may continue down, or close the gap. I think it will continue down. If I am wrong I will get out of this position quickly. If you wish to track my trading, check the “Recent buys & sells” in the side bar. ...
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Update on market - more profit taking this morning

Martin Z. posted an article on - Sep 22, 2011, 10:38 am
It is nice to be correct. The market was poised to a bearish trend and it sure did. In just two sessions we saw big sell offs. I was thinking what would push the market that down? Was it FED? I doubt this would be the only reason. There are a few items I could find on the internet: China manufactu...
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Profit taking again - another $1000 gain at opening

Martin Z. posted an article on - Sep 22, 2011, 9:54 am
OK, the market opened sharply lower as expected and I decided to take some profits. I noticed that when SPY opens lower with gap, it has a tendency to close that gap during the day. If I am correct, SPY will go up today and close around 116 level, where I will re-enter my put position. If it won’t...
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Another gloomy trading on Thursday

Martin Z. posted an article on - Sep 22, 2011, 8:19 am
After the sell off on global markets (Asia and Europe) the US markets are poised to a sharply lower opening. US futures point that the SPY will open at 113 level breaking thru the support of the pennant (or triangle). During the day this gap may be closed, but if the selling pressure during the day ...
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I made $1000 in two days trading options

Martin Z. posted an article on - Sep 21, 2011, 11:21 pm
For the first time in my trading career I can see some success. Yesterday I made $630 and today I added another $400 gain to my account. All in two days. Of course all those trades still can turn into a loss, but I am not expecting it much. And if so and those trades start turning, I will sell them ...
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Stocks ended higher on a choppy day

Martin Z. posted an article on - Sep 13, 2011, 10:29 pm
Like on a swing the stock traded up & down and they ended higher for a second day in a row. Also volume was rising at the end of the trading session. Are we heading back up to $120 level (SPY)? When browsing internet for the news, I am reading that we are not out of the forest yet and we haven’t s...
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Up - down - up - down, get used to a choppy trading

Martin Z. posted an article on - Sep 13, 2011, 12:22 pm
Boy, I am glad I decided to close my puts yesterday. Today’s trading, so far, is clearly indicating one thing - indecisiveness. At this choppy trading I will stay out (keeping my already open positions). I need more days to see where the market will go. That’s a part of being patient, which I ha...
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Market on a roller coaster

Martin Z. posted an article on - Sep 12, 2011, 7:59 pm
Interesting trading these days! I entered some bearish trades last week on Thursday by buying puts on SPY and XLE, when both equities were showing weakness and unwillingness to continue going higher. I collected some nice profits on this three day downtrend ($248.5 on XLE and $254.5 on SPY), total p...
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Martin Z. has rated OptionPundit 9.8 out of 10

Martin Z. - I really like this blog and information provided. I started trading options recently and although new I can see the potential option can provide (as well as risk). Keep up the good job since I can see myself how difficult it is for beginners to start investing and grabbing some knowledge to be successful.
Sep 9, 2011, 2:11 pm
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