Saturday, April 4, 2026

July 19, 2010

Buying Volatility

Volatility bounced off key support last week and is poised to move higher.

Trader Art - The VIX

Trader Art - The VIX

Insiders in Tesla Motors sold what they could to the public and collared their remaining shares. My sell signal should ring soon. It is then that I will be short.

Trader Art - TSLA

Trader Art - TSLA

Hasbro (HAS) is a leveraged buyout (LBO) candidate, and it’s vol trades cheap. The company claims it turned down an offer to be taken private from Providence Equity Partners. My model shows the buyout price at $52 per share–about a 25% premium from here.

Trader Art - Hasbro LBO

Trader Art - Hasbro LBO

On board The Errol Flynn I fly sky high. Too fast to live. Too young to die.

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