Financials are now the best performing major sector in the market this year, after a very strong week on a relative basis. The financial sector, as measured by XLF, is up 21.5% in 2013, while …
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Macro protection and positioning dominated option volumes, particularly in the VIX. VIX – Call volumes were significantly above average, led by June call spread buyers. Buyer of 37k of the June 20 / 25 Call Spread …
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After reading my quick post from regarding JOY’s Q2 earnings tomorrow a friend, who is long the stock a tad higher, asked me for educational purposes what overlays I would add to a long stock …
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JOY, the manufacturer of underground mining equipment is bucking the broad market weakness today (up ~1.4%) in front of their fiscal Q2 earnings report tomorrow morning before the open. The options market is implying …
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While it’s been quite a rocky ride in the past week, the SPX index is actually only down about 10 handles from last Wednesday’s close to today. VIX spot is about a point higher than …
Continue readingTSLA price action is getting a tad whippy for my liking, feels like at any movement it could be up or down $20. I am going to take my profits in the Calendar Call Spread …
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MorningWord 5/29/13: Watching the video (here) and reading the transcript (here) of AAPL CEO Tim Cook’s interview last night with the WSJ’s Walt Mossberg at the All Things Digital Conference, I can’t help but think …
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As a trader, I can understand the appeal of a tidy little saying. -Seeing things too soon is as bad as seeing things too late. -“A sure thing” is a dangerous thing. -The foolishness of …
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Single stock options were quiet for the most part. One weekly line in the SPY was very active. SPY – The weekly 164 puts traded over 275k on the day, at an average price of $0.24. …
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Debt dynamics have become increasingly important to financial markets and economic growth over the past 10 years, largely due to the increased debt load globally. There are many reasons for optimism regarding the reflation of …
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