Trade Update April 25th, 2013, 3:16 pm: I am adjusting my XLE trade from last week.
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Event: AMZN reports Q1 earnings tonight after the close, the options market is implying about a 8% move (using our Implied Move calculator here), which is quite close to the 4 qtr avg move of ~8.75% …
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A quick update on where we stand after earnings with our trade in QCOM from yesterday. Original Post April 24th, 2013: $QCOM Q1 Earnings Preview Event: QCOM reports Q1 earnings tonight after the …
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MorningWord 4/25/13: After all the hype, all the anticipation into AAPL’s fiscal Q2 earnings report, the stock basically ended unchanged on the day yesterday after some early morning volatility that resulted in an almost 6% …
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As the SPX approaches new highs, mixed signals abound. The most positive driver is continued global monetary easing, currently led by the U.S. and Japan, and many expect the ECB to join the party shortly, …
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Put/call ratio fell dramatically today, to near one month lows, as bullish bets multiplied. GLW – Largest print of the day was a morning seller of 62k of the August 14 calls at 0.62 to open, …
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QCOM’s a cheap stock, with good growth prospects, a decent yield and buyback, and a diversified business in the right area of the chip sector. But that’s been true for many, many months now, and …
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Event: QCOM reports fiscal Q2 earnings tonight after the close, and the options market is implying about a 4.5% move (using our Implied Move calculator here), which is quite close to the 4 qtr avg …
Continue readingA fellow trader suggested to me yesterday that the outperformance of the defensive sectors was no sign for concern for the broader market. He said that he only becomes concerned about defensive outperformance when they …
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We wanted to provide a quick update on the trade I initiated yesterday ahead of earnings. The main thought on this structure was that it was a way to take advantage of high implied volatility …
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