Last week’s moves in technology names told two strikingly different stories. Normally high-flyingNetflix
cooled off, falling 24%, andResearch In Motion’s
stock slid 20% after an earnings report that showed the company’s woes are far from over. On the other side, names likeAmazon
showed strong gains, with both names up over 10%. Despite Intel’s rally, Riskreversal.com’s Dan Nathan took a look at the stock over the past year and saw trouble in the technicals. He expressed his bearish outlook by buying a put spread. His trades and payouts are below.
Dan’s Put Spread On Intel
How Dan’s Intel Trade Makes Money
Cantor Fitzgerald’s Mike Khouw then took the focus off single stocks and offered a strategy for playing the broader technology space through year-end. He took a look at the QQQ , an ETF that tracks the Nasdaq 100. Like Dan, Mike sided with the bears and used a put spread to express his sentiment. His trade and payouts are below.
Mike’s Put Spread on QQQ
How Mike’s QQQ Trade Makes Money
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