New Media stocks are partying like it’s 1999 to steal the phrase. IN the last few weeks, the standouts in Q4 earnings have come from the likes of FB, GOOG and NFLX, pushing all three …
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With macro much more in focus in 2014 (and the return of risk-on/risk-off), options traders have turned their attention to the broader indices more than individual stocks. As the SPY holds the 100 day moving …
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Our first trade in 2014 was a long call spread on GLD. The precious metal gapped higher on day one, and we took a position looking for a move to the $125 area on GLD. …
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A week ago I made the case (below) that GOOG was setting up to be one of the most crowded safe haven long trades in all of large cap U.S. equities. Last night the company …
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I’ll just say this, You Have Been Warned! If the SPX closes the day near current levels it will equal a monthly decline of nearly 4%, the worst start since January 2009’s 8.57% decline, when …
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Despite the weakness in the broader stock market to start 2014, the CBOE put/call ratio has remained below 1 for every session since October 15th. That’s the longest such streak since late 2001/2002 (the real …
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Earlier we detailed our thought process for our profitable bearish position heading into tonight’s earnings release (see below). With the stock down almost 10% from the highs earlier this month, and our put fly worth …
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Consumer Staples stocks have had a rough go so far in 2014, as measured by XLP. They are down almost 5% on the year, vs the SPX, which is down about 3%. One of the …
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Event: AMZN reports its Q4 earnings today after the close. The options market is implying about a 7.5% one day move, which is above the 4 quarter average of 6%, but in line with the …
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Over a month ago we made a bearish bet on CMG, that we’ve adjusted since. To recap, we started with a put calendar, let the front month expire worthless, then when the stock sold off, …
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