Event: WFM report’s their fiscal Q3 earnings tomorrow after the close (7/31), the options market is implying about a 7% move following the results, which is shy to the 4 qtr avg of about 9.25% …
Continue reading3D Systems (DDD) is the largest 3D printing company by market cap as of last night’s close, at nearly $5 billion. It’s been a strongly performing momentum stock over the past year, more than doubling …
Continue reading
SODA reports tomorrow morning before the bell so it’s a good time to look at the long biased trade we have on. To recap, here’s the structure: TRADE: SODA ($57.65) Bought Aug 55/65/75 Call Butterfly …
Continue reading
MorningWord 7/30/13: As Enis noted in his post Friday afternoon detailing his bullish AAPL trade (here vs Bearish QQQ position), it appears, for the time being, that AAPL’s stock may have reached a sort of equilibrium …
Continue reading
Undercapitalization of the European banking system has been a lingering concern for the European economy for several years now. While the U.S. banks undertook a major capital raising program in 2008 and 2009 to replenish …
Continue reading
Continuing the trend of very low volumes on Mondays for the past 3 weeks. ATVI – Trader rolled the Sept 17 calls up to the Sept 19 calls, selling the call spread 55k times at 0.96. …
Continue reading
We looked at doing some trades in HLF and COH who both reporting before the open tomorrow morning (HLF tonight, COH tomorrow morn). In case you missed it, here’s Dan’s preview of HLF. We ended …
Continue reading
My trades in CMI this year are a good lesson in perspective. From my vantage point, Cummins is an overvalued industrial company with a poor earnings outlook given its heavy international exposure. Chinese policymakers continue …
Continue reading
Event: HLF reports their Q2 earnings tonight after the close. The options market is implying about a 10% move on earnings, which is very rich to the 4 qtr avg move of about 3.75% and …
Continue reading
MorningWord 7/29/13: As a little more than 50% of the companies in the S&P 500 have reported Q2 earnings as of Friday’s close, we are starting to get some scorecards for the period, that …
Continue reading