May 28, 2014 by Dan • Commentary

Options volumes picked up a bit today following yesterday’s anemic volumes that very much resembled summer trading.  Here are some options trades and activity that caught our eye on a generally sideways day: 1) SPY- there …

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May 28, 2014 by Dan • Commentary

Whether you are an active market participant or just a casual investor, you might have noticed on more than one occasion that conventional wisdom can lose you money.  For years while the Fed was orchestrating …

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May 28, 2014 by Dan • Commentary

Earlier today there was a large trade in the SPY that caught my eye, where a buyer paid $2.23 for 45,000 June quarterly 190 puts to open when the etf was $191.24.  This is most likely …

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May 28, 2014 by CC • Commentary

Costco is set to report its 3rd quarter results tomorrow morning before the bell, the options market is implying a one day move of only about 2% (the weekly 115 straddle is offered at ~$2.40, …

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May 27, 2014 by Dan • Commentary

QIHU, the Chinese internet security and search company reports their Q1 results tonight after the close.  The options market is implying about a 6.5% one day move tomorrow which is inline with the 4 qtr …

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May 27, 2014 by Dan • Commentary

SINA recently reported their fiscal 2014 q1 earnings and the stock saw some heavy selling the following day. On Friday, the stock rebounded nicely and isn’t far from where it was before the report. We …

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May 27, 2014 by Dan • Commentary

China, China, China… U.S. equity investors have a love/hate relationship with the country as the emerging middle class consumer offers a massive opportunity for U.S. multinationals while on the flip-side the cooling economic growth rate and …

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May 27, 2014 by Dan • Commentary

From Apple’s 52 week low made 11 months ago, the stock has gained nearly 60%, or more than $250 billion in market capitalization.  To put that in gain in context, there are only 8 other companies …

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