Very little activity in single stock options outside of the usual suspects. HPQ – Buying of the Sept 25 puts continued. Today, 40k traded at an average price of $1.42. Prior to today, open interest in …
Continue readingVisa and Mastercard have been on a wild intraday ride today. MA reported stronger than expected results this morning, and both stocks gapped higher on the open. While traders were fading the strength after the …
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Earlier this morning I discussed the massive volume that accompanied the 40% rally in the last week in FB (below), but suggested that the subsequent spike in Implied Volatility was likely to moderate in the …
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After previewing SPWR, here are a couple trades that looked interesting to us depending on the view and position. For Those Interested in Getting Long at Lower Prices and/or playing for breakout above 30:
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Event: SPWR reports their fiscal Q2 earnings tonight after the close. The options market is implying about a 14% one day move, which is below both the 4 qtr avg of about 10.5% and the …
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MorningWord 7/31/13: In the last week FB, up more than 40% since reporting better than expected Q2 earnings, has gained almost the entire value of YHOO. I am still a bit floored by the …
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The Federal Reserve release is at 2:00 pm EDT today. Interestingly, the S&P 500 is not too far from where it was trading on June 19th (when it was around 1655), the last FOMC release …
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Calls a good bit more active, as CBOE Put/Call Ratio fell to 0.78 today. FB – The stock almost touched its IPO level of $38, making it to 37.96 in the afternoon. Call to put ratio …
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Yesterday in his weekly technical analysis note to Oppenheimer clients, my Options Action and Fast Money friend Carter Worth had a great write up on just how extended he thinks small cap stocks have become …
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A bit earlier I previewed WFM’s Q3 earnings report expected after the close tomorrow night. With the stock just 2% from the all time highs made earlier this month, and up 22% on the year, …
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