Lighter than normal option volumes today on the day after Easter. BX – Seller (likely to close) of 31k of the Jan15 30 calls at an average price of 0.61 around noon. BX made 5 year …
Continue readingWFM is down 6% year-to-date in 2013, a large under-performance relative to the broader market, which is up around 10%. The obvious catalyst was a weak Q4 earnings report in February, that saw the stock gap down …
Continue readingAt first glance I thought the news out of TSLA this morning was a cruel April Fools joke aimed at the 50% short interest in the shares, but the company stated that their Model S sales have exceeded previous expectations, …
Continue readingTrade Update April 1st, 2013 11am: AAPL had a heck of a month in March after making new 52 week lows and seeing its peak to trough sell off from Sept hit roughly 40%, the …
Continue readingTrade Update April 1st, 2013, 9:50 am: I initiated a short volatility trade on HLF in mid-February with the thought that the bullish and bearish campaigns of Icahn and Ackman would end in a stalemate …
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MorningWord 4/1/13: Q1 2013 was some quarter for investors in U.S. equities on an outright basis, and relative to almost every other equity market the world over (ex Japan up nearly 17% ytd!). While I had …
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With the SPX index making a new closing high, and only 7 points from its all-time intraday high of 1576, many are pointing to the Fed and the idea of a “rigged” market. But there …
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