Highlighting unusual options activity in VIX options can often times be a useless endeavor as a good bit of the volume tends to be rolls, and often they are traded delta neutral vs VIX futures. …
Continue readingA few weeks ago, when Crude Oil was in the low $40s we made the case that large cap oil stocks were showing great strength relative to the commodity, and the XLE, the Energy Select …
Continue readingOn a day that it is announced that the President-elect will nominate Goldman Sachs (GS) alum Steve Mnuchin to head the Treasury, and is considering with GS’s current COO for a senior role in the administration, …
Continue readingMetals and Mining stocks, measured by the etf XME, is one of the best performing groups in the S&P in November, up nearly 25%. Its two largest components, AK Steel (AKS) & US Steel (X) …
Continue readingAs shares of Disney (DIS) approached the nice round number of $100 in today’s trading, very near a 4 month high, call volume ran hot, more than 5x that of puts, with total volume 1.5x …
Continue readingOn November 14th we looked at Pepsi (PEP) following a sharp near term sell-off that sent near term implied vol higher. It was an interesting case where one could take advantage of that implied vol …
Continue readingWe will keep this simple, bricks and mortar department stores in the U.S. don’t have a bright future. Yeah in some way shape or form we will still have them as showrooms. But survival depends …
Continue readingPrior to AT&T’s (T) $85.4 billion bid for Time Warner (TWX) on October 22nd the stock had already been in a fairly sharp downtrend from its 52 week highs made in early July. The stock …
Continue readingHere are some apparently directional untied options trades that caught our attention in today’s trading: While WTI Crude has been fairly range-bound, trading between $40 and $50 since late April, the commodity is finding some technical …
Continue readingOn August 30th, we wrote a recap of some trade ideas Dan presented on a panel at the Ameritrade Investools Conference. The ideas focused on 3 widely held stocks in big cap tech, media and …
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