While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.

Today I would like to make a suggestion on a stock that reported last week.? They came in with a six cent beat.

That stock is Cowen Group, Inc. (COWN).

COWN does not have weekly options, but at this time I am going to suggest you initiate a position, and not sell calls against the position.

It appears to have dropped down to a support area. ?

My suggestion is to buy COWN at the market, which is $14.95.

Limit the position to 400 shares, which works out to about 6% of the nominal portfolio.

I will use a tight stop on the position.? I am looking for a technical bounce.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.

Since reporting last week, FEYE has made a nice run.

However, I believe it got ahead of its itself too much and a short term pullback should be expected.

As a result, I am going to suggest you use this recent run as an opportunity to sell calls.

My suggestion today is to Sell to Open (1) May 12th - $14.50 call for every 100 shares you own.

The May 12th-$14.50 calls are quoted at $.31 to $.35.

Try and sell them for $.31.

Assuming a fill at $.31, you will have collected $2.12 per share in option premium.

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Bill Davis, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points. Read more