Yesterday we previewed Baidu’s (BIDU) Q4 earnings and detailed two bearish trade ideas into the print. The stock is lower by about 4.5% this morning so I wanted to check in on those trade ideas …
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In a market that has no fear, with volatility unusually low, it’s usually a good time to look the other way and check for chinks in the armor. Yesterday saw the total collapse of 2016’s …
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We’ve written about the low levels of implied volatility a few times recently, both implied in the options market, and realized with a historically long streak of less than 1% moves in the SPX. On …
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Tonight, Chinese search giant Baidu (BIDU) will report fiscal Q4 results. The implied move in the options market is about 5% in either direction, which is basically in line with the average one day move …
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I just watched an interview on CNBC where hedge fund manager David Gerstenhaber of Argonaut Management discussed his investment outlook and current positioning. In a nutshell, he is “lightly” long equities, short short-dated Treasuries and apparently long …
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It’s been a tough few years for department stores. The investment world is clearly wondering if we need Macy’s and Dillard’s, Saks Fifth Avenue and Nordstrom, Kohl’s and JC Penny in the same world as …
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Back in late January, prior to United Parcel Service’s (UPS) Q4 results we detailed a bearish trade idea when the stock was in the high one hundred and teens (UPS – Package Waiting). The stock is …
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Shares of Oracle have had a fairly stealthy rally so far in 2017, up 10% on the year. After consolidating for the better part of the last year between $38 and $42, ORCL this week broke …
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Yesterday in this space we had a little link-fest for those trying to get their arms around the impending SnapChat IPO, expected mid next week (SnapTastic!). In years past, when popular social media services were …
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There was an interesting options trade today in a relatively uninteresting stock, Kellogg (K). When the stock was trading $74.15 a trader paid 14 cents for the March 80 / 85 / 90 call tree, 20,000 …
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