Thursday, February 8, 2007


Anyone heard of Omniture? Sounds like a furniture store for trendy people from Germany who wear black clothes and say "touch my monkey", doesn't?

Well apparently not. This web analytics company has been busting out of a sideways slump since last October after it went public last July and has not looked back. Looks like we need a pullback for a possible long entry.

Earnings just came out and looks like the uphill trend might be slightly altered. We'll see how traders react tomorrow.

Keep an eye on this one going forward for a possible rising bull or sleeping bear.

NTY Status

Isn't amazing how I sometimes feel as though I have the non-midas touch? Right after I post about NTY they come out today and announce lower than expected sales for January and all of a sudden there is nothing but negative sentiment in the air for NTY.

Could that be a trend wrecker or a long entry opportunity?

We'll have to wait and see if the profit takers plow in. NTY closed down $3.32.

MA Earnings Expectations Too Lofty?

Mastercard reports Q4 earnings tomorrow before the open. It's expected to earn 17cents/share on revs of $827M.

The's article discusses how expectations may be too high and that the stock now trades at a premium multiple. I'd have to agree. But I'll wait for the news and see if there is any IV declination and sufficient net credit going into next week to play.

We'll keep on eye on how the news is met.

Well I'll Be An ALB

What is up with ALB? The chart, that's what's up. This beast has done nothing but gone up. Why? Well if the latest news is any indication it's because it keeps siding with shareholders by both announcing a 2-1 stock split and a 17% dividend payout increase.

Additionally, it engages in the development, manufacture, and marketing of specialty chemicals for consumer electronics, petroleum and petrochemical processing, transportation and industrial products, pharmaceuticals, agricultural products, and construction and packaging materials.

Can you say "diversified" product mix? It's like its own ETF. It is also a member of the S&P 400 Midcap index which is no slouch either. The problem is we need a pullback before getting excited about any entry soon.

Let's keep an eye on this one.

Tuesday, February 6, 2007

Do You Feel Lucky LVS Punk?

How lucky can you get when your latest earnings report reflects a luckier than normal revenue from high roller tables at the Venetian?

Maybe not so lucky when your stock drops over $5 after the report. Will this slide continue as well as the normal IV slide?

I'm betting that it will. I'm looking at the FEB 95/100 Call Spread with a net credit of 2.80 if I can get it. That makes a 1.1/1 r/r ratio which is not the best but if the underlying continues on profit taking mode will give me some extra help.

Keep rolling the dice high rollers and soon you'll take some money away from LVS and so will profit takers.

Monday, February 5, 2007

Get Your Daily NTY Supplements Now

That's right folks. Step right up. Get your nutritional supplements and while you're at it, get some of its maker's stock or options. Besides, a company with that kind of cheap-looking logo must be making money.

Check out the chart and tell me if we are too late to the game. The plan is to wait for a pullback and get into some calls. There is no real compelling r/r on the put credit spread action here. So I'll stick to directional calls for now.

I'm keeping an eye on the Mar 50 or 55 Calls currently trading around $5.00 and $2.00 respectively with low IV and earnings out of the way.

This stock is part of the S&P Small Cap 600 with profit takers not taking profits yet. I hope to get some discount on the premiums if it pullbacks sufficiently.

The simple 20 moving avg is still rising and way below current prices. I'd prefer to get an entry if it finds support around 51 or its 20 SMA. I'd also like to see some consolidation which may occur given the market sideways action lately.

Stay tuned.