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  • Trader Dealer | Online Stockmarket Trading Update
    method of handling Java settings to give more useful information on the version of Java installed Adjusted the IRESS Loading timeout setting April 2 2012 Release 62 Fixed an issue in the Upgrade Tool preventing some watchlist data from older versions being imported into Market Analyser 7 Added a facility to delete all Trendlines Rectangles and Ellipses on a D2MX Chart These options are now accessible via the right click menu Rearranged the D2MX Chart right click menu for improved ease of use Fixed a bug with D2MX Chart Indicators which was causing charts with indicators to stop drawing if another indicator had encountered an error in calculations Release 61 Added the Always Save option to the right click menu on D2MX Charts Improved handling of how the system checks for a valid installation of Java Tabs on D2MX Chart Templates were hard coded to use a small hard to read font This has been changed to use the Windows Standard Font Size The system will now detect if a user s Microsoft XML 4 installation is corrupt and prompt with repair instructions This resolves a problem with watchlists not populating D2MX Chart and Analyser screens Tags Charting Software Market Analyser online trading software release notes Trader Dealer trading platform Posted in Market Analyser 7 29 Comments Market Analyser 7 Video Tutorial Derivatives Wednesday March 21st 2012 Market Analyser 7 has a comprehensive range of tools for derivatives traders Watch this short video to learn about the Options Monitor Options Valuation and Warrant Monitor screens and how to easily sort and manage the data they provide Or click here to download a high resolution video Tags derivatives trading Market Analyser online trading options trading Trader Dealer warrants trading Posted in Market Analyser 7 No Comments Managing Trading Stress Friday March 16th 2012 Stress is a natural part of trading because there is always an uncertain outcome from every trade that you enter The unknown is stressful and it can be frustrating or even infuriating when things do not go your way You may feel sad happy bored or any of a wide range of emotions while trading and it s necessary to work with these emotions and not allow any of them to impact on your trading One of the easiest strategies is to take a break from your screen walk away when you become aware that you are tensing up or any emotion is kicking in If you trade intraday take regular breaks and if you are an end of day trader stop watching the markets during the day Constantly watching the market as an end of day trader is non productive and causes more stress than it removes so stop it You will get a lot more work done and you may be able to free up some time to dedicate to your trading preparation as well Preparation can reduce stress Solid preparation is essential every trading day but it has another benefit as well It can allow you to reduce the stress that occurs by preparing and rehearsing the possible outcomes for today s trades A mental rehearsal means in some ways you have already lived through the experience regardless of what the market throws at you Prepare for movement in both directions If the market trends higher what will you do And if the market trends lower how will you react to that Also consider what you will do if the market is in consolidation i e moves up and down without really going anywhere This happens on most days so don t assume the market will trend every day By preparing in this way you are less likely to become stressed because you are ready for anything the market is likely to deliver Exercise to release stress Exercise is a key to releasing stress from your body and it is something you should find time for in your daily routine Stress triggers your body to release adrenalin which is the fuel used for fight or flight Trading can be stressful triggering the production of adrenaline but when you re sitting in front of a computer screen you don t use up this adrenalin it remains in your body Regular exercise will ensure it is burnt off and will allow you to return to a calm relaxed state more easily You could incorporate a gym workout a walk a run or a yoga session to allow your body the time to burn off the adrenalin released by your body in a high stress situation Regular exercise can also provide you with more energy as your cardio vascular system functions more efficiently Relaxation after exercise is also incredibly beneficial for your wellbeing mentally physically and even spiritually Social interaction for your own good Social interaction can allow you to release any emotional charge that may have built up when trading It s wonderful to be able to share your successes with someone else and at times it s useful to have someone to talk with to process some of the ideas that are running through your head This can help you to find a solution to any challenges you may be facing Full time trading can be a lonely occupation because often you are sitting alone in front of a computer screen In a work environment you typically have social interaction on a regular basis even if you have little in common with your co workers this still meets a human need Ensure you make time to meet with other people as part of your daily routine If possible getting to know other traders in your local area is a great idea Interacting with other traders gives you a chance to swap ideas and discuss trading problems with someone else that has market experience Continue to learn Remember that learning to trade is a journey of 1000 miles and it begins with your first trade Every trade is an opportunity to learn something new Embrace the mistakes that you make and learn from them If you can avoid just one mistake in the future it can make a huge difference to your trading results and reduce your trading stress in the future As your knowledge and experience improves you will be better positioned to cope with the ups and downs of trading You also have the opportunity to develop your skills and the ability to cope with stress Enjoy the ride because the rewards are worth it Jeff Cartridge Education Manager Tags investing stress from trading Trader Dealer trading Trading Strategies Posted in Trading Strategies No Comments Market Analyser 7 Video Getting Started Thursday March 8th 2012 Get familiar with the layout and look of the new Market Analyser 7 In this preview we demonstrate how easy it is to get quotes bring up watchlists and right click to pick up additional information on a company you re interested in It s easy to find the information you need and customise your windows and layout to suit your preferences Watch this video to see for yourself Or click here to download a high resolution video Tags chart software Iress Market Analyser online trading system Trader Dealer Trading Software Watch Lists Posted in Market Analyser 7 No Comments Market Analyser 7 FAQs Thursday March 8th 2012 If you have a question about Market Analyser 7 we haven t answered call us on 1300 363 766 or email customercare mdsfinancial com au What can I expect in Market Analyser 7 Why the change Who is D2MX When I upgrade to Market Analyser 7 can I keep my saved charts and watchlists What happens to my portfolio data Can I still run my current Market Analyser after the new version is released Can I use Market Analyser 7 simultaneously with other market data platforms Will Market Analyser 7 work on my Mac What can I expect in Market Analyser 7 You ll find the look of Market Analyser 7 to be quite a change from what you re used to but it s far and away a better platform in terms of stability convenience and data quality And of course the analysis tools we love in Market Analyser are still there Including Advanced charting and technical analysis tools The Analyser and Analyser Wizard for scanning the market for conditions meeting your specific trade criteria The Trading System for back testing your strategy before committing your money Pre Alert Trading Indicators the pattern recognition concept designed to help alert you to trading opportunities prior to conventional charting indicators and The comprehensive array of market data views company information and trading tools in the IRESS Trader platform Why the change The current version of Market Analyser was built some time ago and consequently has some back end limitations which affect the reliability of the service and data Essentially it s nearing the end of its shelf life Rather than start from scratch we ve teamed up with IRESS to integrate the best features of Market Analyser into the new IRESS platform which utilises the latest technology and is the industry leader in Australian online trading systems We think this combination of technology and features offers users the very best of both worlds Who is D2MX D2MX Pty Ltd D2MX is our sister company and like Trader Dealer is a subsidiary of MDS Financial Group Ltd ASX MWS D2MX is Trader Dealer s executing broker and is an ASX Market Participant You ll be seeing the name D2MX more often in the next few months as our broking and software businesses become more closely aligned When I upgrade to Market Analyser 7 can I keep my saved charts and watchlists Yes you can Instructions on how to ensure your files are successfully upgraded to Market Analyser 7 are available here What happens to my portfolio data The portfolio in Market Analyser 7 is fully integrated with Trader Dealer trading accounts with a new and exciting portfolio upgrade from IRESS coming in the near future However if you re not a Trader Dealer client you won t have access to information in your Market Analyser 6 portfolio after April 30th when MA 6 is switched off If you would like to access your transaction records click here for more information and to download a data export tool Can I still run my current Market Analyser after the new version is released Market Analyser 7 will replace previous editions however there will be a few weeks after launch when you can still use either version It may take a few days to get used to the new layout but we re confident that by the end of the transition period you ll appreciate the improvements in speed and reliability in Market Analyser 7 as well as new features like the Trade Analysis and Market Map views And we ll have plenty of tutorials webinars and support staff on hand to answer any questions you have along the way Can I use Market Analyser 7 simultaneously with other market data platforms In most circumstances yes However if your other platform is also an IRESS based tool you may experience some issues such as your screen locking up This is due to have multiple connections to the IRESS system Will Market Analyser 7 work on my Mac To run the full platform Mac users need to install a Windows virtual environment such as Parallels With the full platform you ll have access to the advanced charts scanning and back testing tools from previous editions of Market Analyser However you can access some parts of the platform from any internet connected browser These are the IRESS elements of Market Analyser 7 including the online trading tools watchlists market depth company news and market activity screens Contact our support team for more information Phone 1300 363 766 Email customercare mdsfinancial com au Tags Charting Software d2mx Iress iress trader market analyser 7 Trader Dealer Posted in Market Analyser 7 7 Comments Market Analyser 7 Video Tutorial Watchlists Friday February 24th 2012 In this software tutorial we look at using watchlists in Market Analyser 7 Viewing pre loaded system watchlists and creating watchlists of your own Adding share codes to a watchlist Finding company share codes using the Navigator tool Using the Market Activity screen to see the day s biggest market movers and filtering by sector to watch only the shares you re interested in Or click here to download a higher resolution video size 6 37 MB Tags asx sectors Market Analyser online trading Trader Dealer trading platform watchlists Posted in Market Analyser 7 Trading Software 4 Comments Which Stocks Are Ready To Pull Back Friday November 18th 2011 The overall Australian market had a spectacular run in October this year up a staggering 15 percent from trough to peak on the ASX S P 200 In light of this you may wish to ask the experts what stocks are likely to pull back in the new term Market Analyser Can Help You can use the Market Analyser software to identify keys stocks which are indicating that they re due for a pull back Start by using the Watchlist Wizard tool to quickly create a watchlist of stocks from the ASX Top 300 See below for instructions on using the Watchlist Wizard We can then use the Prealerts scanner available to Market Analyser users to identify stocks that indicate there is distribution taking place as stock is offloaded into the weaker hands Set up this scan through the Analyser Wizard a handy tool within the Market Analyser allowing you to access the Prealerts indicators For help with this tool check this post Yesterday s scan produced the following list As you can see there are a number of stocks that are currently undergoing distribution and could offer a potential sell signal You may want to research these companies further before entering a trade The effectiveness of this scan depends on the current trend of the underlying stock and we have illustrated this in the following three candidates which came up in a recent scan 1 AWE Limited AWE 2 Metcash MTS 3 Spotless SPT Note that you can also use volume as a confirmation of the sell signal as you would be looking for volume to pick up as the share price falls AWE Limited AWE AWE formerly Australian Worldwide Exploration Limited is engaged in exploration development and production of oil gas and condensate primarily in Australia and New Zealand AWE concentrates on exploration and appraisal type assets in regions of proven prospectivity and where there is a high chance of commercial success You can see that the Prealerts worked fabulously for AWE earlier in the year giving four winning sell signals when the general trend of the stock was down Now that the stock price is attempting to recover the Prealerts offer a good signal of when the stock price is likely to take a pause AWE is now at a key resistance level but you would want the stock price to trade below the previous swing to confirm a sell signal Metcash MTS Metcash Limited formerly Metcash Trading is a wholesale distribution and marketing company specialising in grocery fresh produce liquor hardware and other fast moving consumer goods MTS has four business units IGA Distribution Campbells Wholesale Australian Liquor Marketers and Mitre 10 Metcash has been trading sideways for the past couple of months and the Prealerts signal has given a great signal that the share prices was due for a pull back If you took this signal you would be up 4 5 in two days and would be watching carefully for price action around the 4 10 level which has been the key support level for the past couple of months Spotless Group SPT Spotless Group Limited is engaged in the provision and outsourcing of labour based services in Australia NZ and USA Their Retailer Services division provides hanger systems labels and packaging to the garment manufacturing and retail industries worldwide Facility Services provides facilities management and support services like cleaning food linen and garment services in Australia and NZ Again the Prealert scan gave a great signal back in mid May There was another signal in early October which pre empted a sideways move for 3 weeks but now we have a signal in as the share price finds resistance at multi year highs and offers a low risk sell signal Note that Spotless Group has confirmed it has received a 698 million takeover proposal at 2 63 per share from buyout firm Pacific Equity Partners but says its directors view the bid as too low The bid from PEP comes six months after Spotless rejected a 657 million offer from US buyout giant Blackstone Group Summary Utilise the Prealerts features in Market Analyser to scan the markets for your specific trade selection criteria You will save time and identify some likely pullback candidates By Michael Hevern Investment Adviser For Buy and Sell recommendations on ASX listed companies register for a FREE trial of MDS Financial Research Instructions Using the Watchlist Wizard 1 In Market Analyser open a watchlist window by selecting Menu Watchlist 2 Click on the Watchlists item on the top menu bar and select Watchlist Wizard 3 In the Watchlist Wizard window click Next select Australia from the Countries list then select ASX Top 300 from the Available Watchlists list on the right of the window 4 Click the Update button Your new ASX Top 300 watchlist will now be available from your watchlist window Disclaimer The information provided within this article is not an invitation to trade a specific stock but is intended for educational purposes only Tags asx s p 200 Market Analyser market scanning technical indicators Trader Dealer Trading Strategies XJO Posted in Trading Software Trading Strategies No Comments Stock Market Analysis Markets Continue To Rise On Hope Thursday October 27th 2011 US stock markets recovered from

    Original URL path: http://blog.traderdealer.com.au/tag/trader-dealer/ (2013-02-02)
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  • Bull Call Strategy | Online Stockmarket Trading Update
    to Open NCM 3150 APR12 Call for 95c The total cost is limited to the initial 95 cents premium paid Note if you were more bullish and expected NCM to surge near term you would have bought a further out of the money call to give you more leverage on the position FIGURE 1 Payoff diagram for the Bull Call on Newcrest at expiry This trade can be analysed using the Derivative Profiler option in the Market Analyser software Risks and Profit Potential The Bull Call profits when the stock price trades above the strike price For the buyer of a call option the maximum risk is limited to the initial premium paid for the call option The maximum profit is unlimited Profit Calculation of the NCM Bull call Maximum Return Unlimited Following up from the recent trade example Buy to open 10 NCM 3150 APR12 Call for 95c per contract Maximum Return Unlimited Maximum Risk Net Debit 95c if NCM share price is Break Even Strike Price Net Debit 31 50 0 95 32 45 In summary the bull call strategy offers a maximum upside profit which is unlimited while the maximum risk is limited to the Net Debit Paid These risk rewards are shown in the Payoff diagram An interesting aside is to examine the payoff as the trade progresses as shown in the diagram below Note that the break even is reached sooner because of the time value left in the option FIGURE 2 Payoff diagram for the Bull Call on Newcrest at two days into the trade Note this Bull Call strategy can be used in order to gain an exposure to Newcrest while limiting your outlay and risk to the premium paid The Trade Options can be used to gain leveraged exposure with limited risk while still participating in potential profits from a significant move by the underlying stock Here we ve explained the Bull Call strategy which can be used to allow you to participate in the rising stock price of the underlying stock while limiting your loss to the premium paid In future articles we will talk about the High Yield Covered Call strategy and the Covered Call Stock Reversal strategy which is particularly relevant to this market Utilise the features in the Market Analyser software to plan your options trading strategy using your specific trade selection criteria You will save time and potentially reduce your trading risk By Michael Hevern MDS Trading Desk Options Trading for All Types of Market Environments Part 1 The Protective Put Options Trading for All Types of Market Environments Part 2 The Covered Call Options Trading for All Types of Market Environments Part 3 The Covered Call Collar Options Trading for All Types of Market Environments Part 4 The Stock Repair Strategy Options Trading for All Types of Market Environments Part 5 Limited Risk Short Selling Strategy Options Trading for All Types of Market Environments Part 7 Dividend Capture Covered Call Collar Options Trading for All Types

    Original URL path: http://blog.traderdealer.com.au/tag/bull-call-strategy/ (2013-02-02)
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  • Options Strategy | Online Stockmarket Trading Update
    This report was prepared by Michael Hevern It represents the views and opinions of the author It is not intended for use by any third party without the approval of Michael Hevern While this report is based on information from sources which are considered reliable its accuracy and completeness cannot be guaranteed Any opinions expressed reflect my judgment at this date and are subject to change Contracting Hevern Pty Ltd is a Corporate Authorised Representative No 408868 of MDS Financial Services Pty Limited ABN 28 088 190 283 AFSL No 333298 MDS and Michael Hevern has been appointed as an Authorised Representative of Contracting Hevern Pty Ltd Opinions conclusions and other information expressed in this report are not given or endorsed by MDS Financial Services Pty Ltd unless otherwise indicated The information contained in this Report is General Advice only as the information or advice given does not take into account your particular objectives financial situation or needs Tags bull call strategy Market Analyser options strategy options trading options trading strategy Posted in Trading Strategies No Comments Special Report Short Selling Ban Lifted Monday May 25th 2009 The Australian Securities and Investments Commission ASIC today said it would lift the current ban on covered short selling of financial securities from market open today 25 May 2009 ASIC will still monitor the market by continuing to require the daily reporting of gross short sales and the publication to the market of aggregate short sales the day after trading We have taken this opportunity to review the sectors and key stocks affected by this move To view our full report click here By Michael Hevern Head of Research Tags ASIC covered call options strategy Short Selling Posted in Stock Market Analysis No Comments Trading Oil and Gold in the Current Market Wednesday May 20th 2009 We frequently receive calls from our customers asking what they should be looking for in this market and ways that they can capitalise on the trends emerging from different commodities by using ASX shares and options We have outlined a couple of different strategies below that we hope will help you investors and traders develop strategies to maximise your profits Gold The first commodity we will look at is Gold which is commonly used in turbulent economic times as a safe haven This has proved true over the past 18 months rising from around US780 in November 2008 to US930 in May 2009 a gain of over 19 Seasonally the gold market typically declines from April into July before another run up towards the end of the year Figure Gold US Year to Date We have seen gold advance from US870 to US930 or 8 in the past three weeks and it appears to be reaching key resistance levels between US930 to US950 We are expecting a pull back with a retest of the US890 level quite likely in the near term Given that we are expecting a pull back in the gold price in the near

    Original URL path: http://blog.traderdealer.com.au/tag/options-strategy/ (2013-02-02)
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  • Bear Put Spread | Online Stockmarket Trading Update
    volatility and as such a directional move in the share price Note that if the trader expects a short sharp move in the near term then they would be better off simply buying a protective put Recent Trade Toll Holdings A recent trade that our clients took was to buy Toll Holdings around 4 50 in late January The stock surged 17 in the subsequent couple of weeks Clients were then faced with the dilemma of taking profits now or holding on for the dividend in early March We suggested that they could hedge their position using a bear put strategy by buying a ATM Put Selling an OTM Put In this trade with TOL trading at 5 20 the bear put strategy was established by Buying to Open TOLL 525 MAR12 Put for 23 5c and Selling to Open TOLL 476 MAR12 Put 7c for a total outlay of 17 5c ie Net debit 23 5c 7c Note if you were more pessimistic and expected TOL to fall to 4 50 by expiration you would have sold the 450 MAR12 Puts Risks and Profit Potential The Bear Put Spread profits when the stock price falls towards the short strike as the long put option will rise in price along with the underlying stock price while the short put options continue to decay in premium The maximum profit potential of a bear put spread is when the price of the underlying stock drops down to the strike price of the out of the money OTM short options as beyond that price any gain in the long put options is matched exactly by a loss in the short put options Profit Calculation of the TOL Bear Put Spread Maximum Return Difference in strikes Net Debit Net Debit Following up from the recent trade example Buy to open 10 TOL MAR12 525 Put for 23 5c per contract and sell to open 10 TOL MAR12 476 Put for 7c per contract Maximum Return 525 476 23 5 7 23 5 7 31 5 17 5 180 Maximum Risk Net Debit 23 5c 7c 17 5 if TOL share price is 5 25 Break Even Higher Strike Net Debit 525 17 5 5 075 In summary the Bear Put Strategy offers a maximum risk limited to the Net Debit Paid while the maximum loss is limited and the maximum upside profit is also limited These risk rewards are shown in the Payoff diagram Note this strategy can be used in order to hedge an underlying Toll Holdings stock position while the investor is still eligible for the dividend payment in early March The Trade Options can be used in order to reduce hedge your risk while still participating in potential profits from a significant move by the underlying stock We have explained the Bear Put Spread strategy which can be used to allow you to protect an existing share position while maintaining the benefits of ownership of the underlying stock In future articles

    Original URL path: http://blog.traderdealer.com.au/tag/bear-put-spread/ (2013-02-02)
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  • Hedging Strategy | Online Stockmarket Trading Update
    a significant move by the underlying stock We have explained the Bear Put Spread strategy which can be used to allow you to protect an existing share position while maintaining the benefits of ownership of the underlying stock In future articles we will talk about the High Yield Covered Call strategy and the Covered Call Stock Reversal strategy which is particularly relevant to this market Utilise the features in the Market Analyser software to plan your options trades for a particular options strategy using your specific trade selection criteria You will save time and potentially reduce your trading risk By Michael Hevern Trading Desk Please note your may need to refer to a tax profession regarding eligibility of franking credits See Also Options Trading for All Types of Market Environments Part 1 The Protective Put Options Trading for All Types of Market Environments Part 2 The Covered Call Options Trading for All Types of Market Environments Part 3 The Covered Call Collar Options Trading for All Types of Market Environments Part 4 The Stock Repair Strategy Options Trading for All Types of Market Environments Part 5 Limited Risk Short Selling Strategy Options Trading for All Types of Market Environments Part 7 Dividend Capture Covered Call Collar For Buy and Sell recommendations on ASX listed companies register for a FREE trial of MDS Financial Research MDS Financial Advisory Service offers general advice on trading options to generate consistent steady income on your investment portfolio For further information please call 1300 610 024 Tags bear put spread hedging strategy options trading options trading strategies put options Toll Holdings Posted in ASX Trading News Trading Strategies 1 Comment Hedging you Portfolio through CFDs Friday October 1st 2010 Hedging your Portfolio through CFDs Markets have surged this month recovering from one of the worst August performances for a decade however they are now trading at key resistance levels with the ASX backing off the top of the trading range that has been in place for the past six months Because of this market activity prudent investors may like to take this opportunity to take out some insurance on their portfolio using a hedging strategy What is Hedging Hedging is a risk management strategy that traders and investors use to limit and or offset their position from the probability of loss from fluctuations in the prices of their current holdings this involves taking an equal and opposite position Investors may wish to hedge their existing portfolio so that they can still be eligible for the dividends due for the individual parcel s of stock or so that you do not realize the underlying capital gains of the stock portfolio The Case for Hedging Your Portfolio The ASX market has struggled to make a new high this week for the first time in a month investors are facing some headwinds including Asian markets being focused on Japan s expensive currency and China s commitment to tighten money supply Europeans refocusing on their sovereign debt problems the

    Original URL path: http://blog.traderdealer.com.au/tag/hedging-strategy/ (2013-02-02)
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  • Put Options | Online Stockmarket Trading Update
    Types of Market Environments Part 5 Limited Risk Short Selling Strategy Options Trading for All Types of Market Environments Part 7 Dividend Capture Covered Call Collar For Buy and Sell recommendations on ASX listed companies register for a FREE trial of MDS Financial Research MDS Financial Advisory Service offers general advice on trading options to generate consistent steady income on your investment portfolio For further information please call 1300 610 024 Tags bear put spread hedging strategy options trading options trading strategies put options Toll Holdings Posted in ASX Trading News Trading Strategies 1 Comment Viewing Options through The Bourse Friday September 3rd 2010 In last week s Analyst s Eye article we considered the standardisation of options This standardisation is important so that it is easy to understand exactly what it is that you are trading Every option has an underlying share is a call or a put has an exercise price and an expiry date and the price you pay for the option is the premium With these five pieces of information in mind let s consider a trade on ANZ below We will consider trading a put option in this example however the process of trading a call is identical if you believe a share is going up instead of down Taking Buying a Put You would buy a put if you believe the share is going down Buying a put gives you the right to sell 1000 of the underlying share at an agreed price on or before an agreed date Call or Put We have chosen the share we wish to trade which in our example is ANZ Bank We believe from our analysis that ANZ is likely to fall from its current price ANZ was trading at 23 34 on 2 September 2010 We could therefore buy a put option on ANZ So we now look up the put options available for ANZ As an example through The Bourse charting software on the toolbar and click the red O toolbar icon for Exchange Traded Options We have a choice of expiry dates and exercise prices to make before we can determine the premium cost of the option Type in the code of the share which in our case is ANZ and then select Put to display a list of Put options that are available on ANZ You will see a list with different expiry dates in the month column and different exercise prices in the Strike column The most actively traded options will be near the current price which is around 23 34 Expiry Date For any option position you must choose the expiry date you wish to trade At any given exercise price there is a range of expiry dates The expiry dates start on Oct 2010 which is about three weeks away and go all the way out to 2014 The more time an option has until the expiry the more expensive it will be As a guideline option traders would normally

    Original URL path: http://blog.traderdealer.com.au/tag/put-options/ (2013-02-02)
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  • Toll Holdings | Online Stockmarket Trading Update
    trading strategies put options Toll Holdings Posted in ASX Trading News Trading Strategies 1 Comment Dividends Toll Holdings Ex Dividend On 7 3 2011 Sunday March 6th 2011 Toll Holdings Ltd TOL will go ex dividend on 7 3 2011 The current dividend payment is 11 5 cents and it is 100 franked The record date is 11 3 2011 and the dividend will be paid on 1 4 2011 Based on the full year payment the dividend yield is 4 1 Current Yield 1 9 Franking 100 DRP Discount 2 5 Toll Holdings Ltd Yield has been calculated on the closing price on the 27 2 2011 Current yield is based on the current dividend payment only Tags Dividends Ex Dividend TOL Toll Holdings Posted in Upcoming Dividends No Comments Traders and Triggering Bull Traps in this Market Friday February 25th 2011 The Aussie market has had a strong run since the early July trough with the recent peak in the S P ASX 200 rising 18 Traders are finally starting to take profits and appear to be heading for the exits as the deterioration in the global macro economic environment starts to bite We are seeing a turn in the momentum for the ASX market near term and this has given rise to a number of bull traps being triggered Traders have been pushing stock prices higher since the Santa Claus rally materialised in November Up until this week traders have chosen to ignore the global headwinds that have been simmering in the background such as geopolitical tensions in the Korean Peninsular political unrest and violence in the Middle East the continuing issues of European sovereign debt in the so called PIIGS economies global concerns over food inflation struggling consumer spending and China s struggle to control its runaway inflation Central banks around the world have been taking measures to address the economic issues including the US Fed Reserve s commitment to another round of quantitative easing QE2 the ECB in Europe committing to support the indebted PIIGS economies and in China the central bank has moved to raise the capital reserve requirements for its banks and increase rates in an attempt to reign in its inflation Traders have been looking for an excuse to take profits and the violence and unrest in Egypt Libya and the Middle East has provided the trigger to sell The spike in the crude oil price has the potential to derail the global economic recovery if energy prices remain at these elevated levels for any length of time A number of stocks in our local market have set up and or triggered bull traps as they have recently backed off key levels Traders have used this reporting season to reassess their view on particular stocks and use any positive move in the stock resulting from their earnings report as a chance to liquidate part or all of their positions Bull Traps A bull trap occurs when investors take on a long position when a stock is breaking out to new highs only to have the stock reverse and shoot lower This counter move produces a trap for the bulls and often leads to sharp sell offs The criteria for a bull trap set up 1 A prevailing long term down 2 A sharp correction that has moved quickly from its lows 3 Resistance where investors look for price rejection setting up a long squeeze The Bull Trap Set Up The bull trap set up is fairly basic Look for a trading range to be broken to the upside preferably with high volume The stock will need to get back below resistance within five trading periods then explode out of the bottom of the range The last component of the bull trap chart pattern is that the stock should have a wide price trading range This increases the odds that the stock will have room to trend lower in order to book quick profits The Market Psychology of Bull Traps Selling in the first wave will occur when the most recent swing low is exceeded This occurs because of the number of shorter term traders who have their stops slightly below the most recent swing low The second wave of selling comes into play once the medium term traders realise that this is not just a slight retracement and the move is likely to be more protracted This produces the second round of selling Bull Traps Trading Examples There are a number of prime examples of recent bull traps including Toll Holdings TOL in October IAG Insurance IAG in December Cochlear COH in January and WesFarmers WES in February Figure 1 Bull Trap Toll Holdings TOL October 2010 Back in October Toll Holdings TOL broke to the upside to a 3 month high but the bears then stepped in sending the price through the recent trading range within a few trading sessions completing the bull trap The volume did not provide confirmation for this trap but the selling continued with the stock dropping 20 percent in the following 3 months Figure 2 Bull Trap IAG Insurance IAG December 2010 IAG Insurance IAG recently broke to the upside to a 4 month high in December but the bears then stepped in sending the price through the recent trading range within a few trading sessions completing the bull trap The stock has dropped 11 percent in past couple of months The sellers persisted until the stock broke the key trading range support and the bears appear to be firmly in control now Figure 3 Bull Trap Cochlear COH January 2011 Cochlear COH recently broke to the upside to close at a 2 month high in January then saw follow through buying the next day as the bulls pushed the price higher But then the bears stepped in sending the price through the recent trading range within a few trading sessions completing the bull trap The stock has dropped 8 percent in the past month The

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  • ANZ Bank | Online Stockmarket Trading Update
    no further profits can be obtained if the stock rallies beyond the strike price of the short OTM calls Example Trade ANZ Bank ANZ traded between 21 00 and 22 00 for over a month through to mid June and was trading on a grossed up yield of over 9 percent If you had purchased the ANZ stock on a breakout you could be holding the stock at a cost of around 22 05 There have been some wild gyrations over the subsequent months but for those buy and hold investors there is still hope utilise the Stock Repair Strategy to recover losses in your stock when that stock is expected to rise moderately near term The stock repair trade for ANZ was priced on September 7th 2011 when the October options had 48 days until expiry and ANZ shares were trading at 20 10 Trade Details Buy 1 contract of at the money ATM 2000 Oct11 call options for 0 96 contract for every 100 shares you own and then write sell 2 of the 2100 OCT11 out of the money OTM call options at 0 46 contract for every 100 shares you own This trade costs 4 cents contract to place and if you are exercised you will sell youf original share parcel at 22 00 5 cents shy of the purchase price Note cost calculations do not include associated transaction costs Chart 1 ANZ Stock Repair Trade You can plan and analyse your trade as shown above using the Derivative Profiler function in the Market Analyser software Trade Note The Stock Repair strategy simply involves buying 1 contract of at the money ATM call options for every 100 shares owned and then writing twice as many out of the money OTM call options The Stock Repair strategy costs next to nothing to put on and if the stock drops further the ATM calls simply expire with the OTM calls which completely offset each other causing no additional losses to your original stock position This strategy reaches its maximum profit potential when the stock price is equal to or greater than the strike price of the out of the money OTM options The goal of the ANZ trade is for ANZ to be trading above 21 00 at the October expiry so that the position is repaired with minimal or no loss Please note that ANZ is due to go Ex div around 4 Nov 11 around 0 74 cents per share so if the stock does not get exercised then the dividend will offer some comfort Using the Stock Repair Strategy the stock needs only move up by 5 to reach breakeven however the stock could drop 10 and the position s loss would be the same as if the Stock Repair Strategy was not implemented The Trade Options can be used in order to reduce your risk while still participating in potential profits from a significant move by the underlying stock Today we ve explained the Stock Repair Strategy which allows you to double down on your current losing position for minimal cost however your profits will be restricted to breakeven on the trade Note this strategy does not offer any protection to the downside In future articles we will talk about the High Yield Covered Call strategy and the High Yield Covered Put strategy which is particularly relevant to this market Utilise the features in the Market Analyser software to trade plan your options trades for the particular options strategy using your specific trade selection criteria You will save time and potentially reduce your trading risk By Michael Hevern Head of Research See Also Options Trading for All Types of Market Environments Part 1 The Protective Put Options Trading for All Types of Market Environments Part 2 The Covered Call Options Trading for All Types of Market Environments Part 3 The Covered Call Collar For Buy and Sell recommendations on ASX listed companies register for a free trial of MDS Financial Research MDS Financial Advisory Services offers general advice on trading options to generate consistent steady income on your investment portfolio Call 1300 610 024 for further information Tags ANZ Bank at the money Financial Advisory in the money options options trading Trading Strategy Posted in Stock Market Analysis No Comments ASX Company News SAI Global To Provide Mortgage Settlement Services To ANZ Tuesday July 19th 2011 SAI Global Limited SAI announced that it has been awarded a contract to provide national mortgage settlement services for the Australian and New Zealand Banking Group ANZ subject to finalisation of contract terms SAI is currently providing settlement services to ANZ in Queensland and Western Australia It is expected that SAI will commence providing services to ANZ under the new contract in additional states in early calendar 2012 with national coverage to be achieved by August 2012 Full incremental annual revenue of circa A 10M per annum will be recognised from financial year 2013 onwards Tony Scotton CEO of SAI said I am delighted that ANZ has selected SAI as its national provider of mortgage settlement services The fact that a leading financial institution such as ANZ has chosen SAI is testament to the dedication professionalism and capability of the Property team which has positioned the business to achieve this significant outcome for the Company www saiglobal com http www traderdealer com au fundamentals sai Tags ANZ ANZ Bank Financial Services mortgage Settlement Services SAI SAI Global Posted in ASX Company News No Comments ASX Company News GBST Secures ANZ IT Contract Wednesday June 22nd 2011 GBST GBT a global provider of technology services to the financial services industry announces that it has signed a long term agreement with ANZ for the deployment of GBST s securities transaction platform Syn for the ANZ Global Markets business ANZ will use GBST s Syn platform as a complete post trade middle and back office solution It will enable ANZ to process all types of assets within one system including fixed

    Original URL path: http://blog.traderdealer.com.au/tag/anz-bank/ (2013-02-02)
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