Yesterday, Lennar (LEN), the largest homebuilding company by market cap and sales beat Q2 earnings estimates. Deliveries rose 12% year over year with a 4% increase in selling prices. Given the rate environment and the …
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Here are what appear to be a couple directional options trades that caught my eye in today’s trade: GLD: One of the largest trades in the options market today appeared to be a bullish roll in …
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Event: Adobe (ADBE) reports their fiscal Q2 results tonight after the close. The options market is implying about a 5% one day move tomorrow, which is rich to the 4 qtr average one day post …
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Back in August if 2011, Marc Andreessen, co-founder and general partner of venture capital firm Andreessen-Horowitz penned a prescient essay in the Wall Street Journal explaining; Why Software Is Eating The World. At the time, skeptics wondered …
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Shares of Starbucks (SBUX) have under-performed in 2016, down about 7.5%, and down about 13% from their 52 week (and all time highs) made in October of 2015. The stock is merely taking a breather …
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On June 14th, I expressed a near term bearish view in Alibaba (BABA) with a defined risk trade that looked to finance August near the money puts with shorted dated puts of the same strike …
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A little more than a month ago I detailed a bullish trade in shares of Under Armour (UA). The stock had just seen a sharp decline after its mid April earnings gap higher. Aside from …
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Thursday afternoon I took a quick look at the price action of European bank stocks, particularly Deutsche Bank (Bank Bounce?). In hindsight this seems like an obvious observation for the very near term: DB has …
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Since the start of 2014, shares of Proctor & Gamble (PG) are essentially unchanged, up $2, or about 2.5%, vs the S&P 500 (SPX) up about 13% during the same period. The dividend yield on the …
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On Wednesday’s Fast Money on CNBC we had Tom Freston, former CEO of Viacom, to discuss the current board room battle between Sumner Redstone and its board. In case you haven’t been following the drama, …
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