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Biotech Portfolio: Stocks and Long-Term GainsToday, I’ve prepared a topic on biotech portfolio construction, driven by our ongoing need to present clients with ideas offering substantial growth potential. This sector, centered on biotechnology and genetic engineering, stands out due to a significant rise in demand for innovative treatments, wi
$XBI Trade UpdateChannel Breakout
On September 3rd, AMEX:XBI broke out of its previously established, upward-trending channel. This movement was significant, as it marked a departure from the pattern that had been guiding its price action up until that point.
Current Price Action and Potential Setup
Since the bre
XBI-SPY overlay unravels great bear?Undead Bear Captain's Log, Apr 7 2025:
Writing some observations due to a lurking feeling of something ominous about to happen:
Bizarre signs in the wind since mid-March, such as VVIX/VIX
Sudden downslide last week, almost unprecedented
Minimal put action - bear breathen all obliterated
Overlay
Opening (IRA): XBI May 16th -91C/October 17th 60C LCD*... for a 26.56 debit.
Comments: Back in to XBI on weakness, buying the back month 90 delta and selling the front month that pays for all of the extrinsic in the long. (The back month 60C is shown at the 80 so that it fits on the chart).
Metrics:
Buying Power Effect: 26.56
Break Even: 86.56
Max
Opening (IRA): XBI May 16th -85C/December 19th 50C LCD*... for a 29.50 debit.
Comments: Adding to my XBI position at or near 52-week lows, buying the back month 90 delta and selling the front month -30 delta that pays for all of the extrinsic in the long. (The 50C is depicted at a higher strike so that it fits on the chart).
Metrics:
Buying Power E
Opening (IRA): XBI Sept 19th 60C/April 17th -90C LCD*... for a 26.68 debit.
Comments: Taking a bullish assumption directional shot near 52 week lows, buying the 90 delta back month and selling a front month that pays for all the extrinsic in the long, resulting in a break even that is at or below where the underlying is currently trading. The 60 lo
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
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No, XBI doesn't pay dividends to its holders.