Below is a list of some of the more interesting options blocks that traded today: 1. DOW – with the stock at new multi-year highs &activists on its heels, calls getting busy. 40,000 Jan15 50 calls are bought for $2.78 to …
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Earlier I highlighted my newly coined chart pattern the “triangle of death” relating to WFM (here), referencing the stock’s weak relative performance and what could be a troubling set up in the event of negative …
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Dan posted his thoughts on AAPL’s technicals in last week’s CotD post, concluding: At this point, AAPL seems comfortably stuck between the $500 and $550 technical support and resistance levels. Unfortunately, options premium is not …
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Event: CRM reports its Q4 earnings tomorrow, Feb. 27th, after the close. The options market is implying about a 7.25% one day move, which is slightly below the 4 quarter average of 7.75%, but in …
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When it comes to technical analysis, I consider myself a “hobbyist” of sorts. One of the first things that I learned in this business was recognizing patterns that geniuses before me had already defined. Every …
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TTWO was a favorite stock of ours to start 2014 for two main reasons – cheap valuation, and a great lineup of games. Since our purchase 6 weeks ago, the stock has gone up more …
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Traders are a weird breed. Some are superstitious, while others like to piece together potentially unrelated data points and create market timing signals. I tend to fall in the “wear the same pair of underwear …
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Despite the S&P 500 hovering just below the previous highs for the better part of the day, emerging market etfs continue to under-perform and, despite far lower than average volume the options activity today pointed …
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Back on Jan 15th, in a post titled Sagging DDDs, I stated that the 3D story was a “sector I just don’t get”, while giving props to those that were early and saw gains that …
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Since we first entered our CAT trade almost a month ago, the stock has been a one way train higher. Even with Chinese shares moving lower in the past week, CAT has mostly ignored that …
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