Event: Palo Alto Networks (PANW) reports fiscal Q3 results tonight after the close. The options market is implying about a 5% one day move vs the 4 qtr average of about 6%. Last quarter reported in …
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Event: Costco (COST) reports their fiscal Q3 results tonight after the close. The options market is implying about a 2.3% one day move which is a tad rich to the 4 qtr avg move of …
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The price action in risk assets in Europe and the U.S. yesterday was a fairly typical “risk off” day, the kind we had sort of forgotten. Strong dollar, strong treasuries, weak oil, down day in …
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Today’s volatility in currencies, commodities and rates has finally caused investors in US equities to take note with spot VIX having its largest gain in a month, up nearly 20%. While the VIX move seems …
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Event: Workday (WDAY) reports Q1 results tonight after the close. The options market is implying about a 7% which is rich to the 4 qtr avg move of about 4.4%.
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Friday, shares of Deere (DE) gained 4.35% after reporting fiscal Q2 sales that declined 18% year over year and eps down 30% year over year (which to be fair was much better than expected.) DE today …
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Friday afternoon CNBC’s David Faber confirmed the speculation surrounding a potential bid by Microsoft (MSFT) for Salesforce.com (CRM): Microsoft and Salesforce.com had significant talks earlier this spring about a purchase of Salesforce by Microsoft, according …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was May 118th to May 22nd:
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Yesterday we highlighted the major difference between weekly implied vol and June regular vol in HPQ and offered up two calendar trades. To recap, here were the trades and the rationale:
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Two days ago we placed a range trade in the CRM weekly options (below) on the premise that the implied move for earnings in CRM was inflated due to takeover talk. That takeover talk had …
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