The S&P 500 index is down 5.75% year-to-date on the close of February 3, 2014. The S&P 500 index was up 6.2% year-to-date on the close of February 1, 2013. That may be hard to …
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On a day that saw heavy selling across all the major indices including the Nasdaq’s worst day since 2011, these were some large options trades that caught our attention: 1. VIX – Huge roll in calls, trader …
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At the onset of 2014, emerging markets and their respective currencies continued much of the volatile action that investors had become accustomed to in Q4 2013. At the time we made the case that for …
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On Friday morning, after GOOG gapped higher on its Q4 results that I would say were mixed (despite the price action suggesting investors thinking it was fabulous) I made a very bad entry on my …
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We initially bought TTWO for our investment portfolio (post below) on January 13th, when the stock was trading $17.40. The thesis was based on the fundamental idea that investors were not giving TTWO’s full gaming …
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Herbalife continues to be a battleground stock. Bill Ackman uses all the stops in trying to increase scrutiny and pressure on the company, with Massachusetts Senator Edward Markey’s letter to regulators a couple weeks ago …
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Tonight, after the close, YUM will report their fourth quarter earnings. The options market is implying about a 5% one day move which is above the 8 qtr average move of about 4%. The high …
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Macro instruments dominated options volumes once again on Friday, and the VIX closed at its highest level since early October. 1. VIX – Seller of 120k of the Feb 16/20 call spread at 1.10 to close …
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Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Jan 27th – Jan 31st:
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