Last Friday in a Name That Trade post, I detailed a strategy for existing long holders of FB shares to add some juice on the upside to their long position. I did not do this …
Continue readingEvent: FB reports their Q4 earnings after the close tonight. The options market is implying about a 11%* move following the results, which is below the 2 qtr average of 15.5%. *With the stock trading …
Continue readingIn last week’s snapshot, we saw a total capitulation in the vol market, as all VIX futures terms got annihilated. The VIX market has stabilized in the last week, even as the SPX has continued …
Continue readingThe Fed rate announcement is today, but far more important will be the actual text of the release. After the last FOMC minutes showed some participants discussing the end of 2013 for a removal of …
Continue readingThe most exciting trading was primarily in earnings stocks. 1. CTRX – Citrix Systems, 10 times average option volume. Calls to puts 4.4:1. IV30 was up almost 10 points. Earnings after the bell today. Looks …
Continue readingCall it nostalgia, but BRCM is a stock I continue to follow all these years after I was a market maker in the name on the floor of the Amex, when the semi stocks were …
Continue readingBelow please find our preview of AMZN’s Q4 earnings to be released tonight after the close, and read my latest trade on the stock (here). Readers of the site know that we tend to be …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:10 and 3:20 pm EST on CNBC: Has AAPL finally bottomed, at $435 yesterday? I presented a couple charts on Friday arguing …
Continue readingEvent: AMZN reports their Q4 earnings after the close tonight, the options market is implying about a 8.6%* move following the results, which is a tad shy to the 4 qtr average of ~9.%. The …
Continue readingYHOO is essentially unchanged here, and I have a double on my hands. I actually think there is a decent chance of YHOO pinning the 20 strike by Friday, but that’s still 3.5 trading days …
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