U.S. Steel Strengthens

U.S. Steel Strengthens

Shares of U.S. Steel have been trading in a narrow pattern since a nasty post earnings breakdown back on August 2nd.  The stock dropped over 10% that day on very heavy trade, its third 10% plus decline this year.  Shares continued to drift lower in early August...

RIG Calls Hit a Gusher

Quick update from earlier post on 9-20 where I mentioned at 30,000 RIG Oct 14 calls were bought for $.14 when the stock was at $12.35. With oil prices surging, RIG is up 2 points ( $14.25 as I type this) in 8 days, and the calls are now trading for $.69 cents, an...