Event: Facebook (FB) reports Q2 results, tomorrow after the close. The options market is implying about an 8.5% one day move on Thursday, or about $23 billion in market. The average move over the last …
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Event: TWTR reports Q2 results tonight after the close. The options market is implying about a 13% one day move which is a tad shy of the 6 qtr 16% average since its IPO. Price Action …
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On Friday’s Options Action on CNBC, my co-panelist Carter Worth laid out a very convincing bearish technical take on shares of UPS, watch here: In Carter’s opinion, there are three charts to look at as …
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Event: tomorrow before the open Ford (F) reports Q2 results. The options market is implying about a 4% one day move which is rich to the 2% average over the last 4 qtrs. With the …
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What a difference a year makes. It was about a year ago that I last wrote about Joy Global, the manufacturer of mining equipment. (read here). At that time I was detailing some bullish call …
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Three years ago today, when Europe was in the throes of a sovereign debt crisis, ECB head Mario Draghi pledged that he and his colleagues would do “whatever it takes to save the euro”. They …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was July 20th – July 24th:
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Last week, into Schlumberger’s earnings (SLB), we placed a calendar put spread that looked to fade the earnings move but set up for further weakness afterwards if crude oil continued its decline. Here was the …
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You guys know the drill here, the Nasdaq 100 (QQQ) is heavily concentrated by the top 10 holdings, making up 50% of the weight and equaling $2.75 trillion in market cap. While last Friday’s 16% rally …
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THIS: AND THIS: ARE VERY DIFFERENT THAN THIS: AND THIS: GOOGL’s one day market cap gain last Friday of about$60 billion was equal to more than the combined market capitalization’s of FTNT & NFLX (even after their …
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