Berkshire and Mr. Buffett were in the headlines last week after Bloomberg did a profile of Tracy Britt Cool, Buffett’s 29 year-old jack-of-all-trades at the conglomerate. The article concluded: The groundwork and relationships that she’s …
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Event: YHOO reports its Q4 earnings today after the close. The options market is implying about a 5.25% one day move, which is above both the 4 qtr average of about 3.75%, and the 8 …
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Last night’s disappointing iPhone units and forward guidance, that many including myself expected to be buoyed by the recent iPhone launch at China Mobile, was downright bad. There is no sugar coating the reported data, …
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Event: BA reports its Q4 earnings tomorrow before the open. The options market is implying about a 3.5% one day move, which is above both the 4 qtr average of about 2.5%, and the 8 quarter …
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Macro themes continued to dominate the options flow, but there was an interesting seller of premium, likely a large holder looking to add yield to existing longs. Below is our list of the most interesting …
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With XHB bouncing off its 200 day moving average today, we’re going to take the opportunity to spread our Long March 32 put that we bought on Friday Jan 17th (below): ACTION – Sold to …
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HD is nearing support near its rising 200 day moving average, from where the stock has bounced on several occasions in the past 6 months. With that in mind, and the fact that our put …
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Earlier today we offered our fiscal Q1 Earnings Preview for AAPL (below), and on Friday introduced the earnings trade that we felt most convicted on (here). Aside from the call calendar, we wanted to offer …
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Caterpillar reported better-than-expected earnings this morning, and the stock is trading up more than 6% in the pre-market, near its 2014 highs around $93. So is this a clean change of trend after a dismal …
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Event: AAPL will report their fiscal Q1 earnings tonight after the close. The options market is implying about a 5.5%* one day move, slightly higher than the 4 & 8 qtr avg of ~5% . …
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