Last night Netflix (NFLX) reported Q1 results, despite a mild sales miss and a big eps miss (reported 55c vs 99c consensus), the company beat domestic subscriber adds (1.74 million reported vs 1.60 million consensus) …
Continue readingNetflix (NFLX) will report their Q1 results tonight after the close. The implied one day move is about $27, or about 7.5%. That can be determined by taking the at the money straddle in the …
Continue readingJohnson & Johnson (JNJ) will report their Q41 results tomorrow before the open. The options market is implying about a $4.10, or about a 3% move in either direction between now and next Thursday’s close. …
Continue readingTomorrow (5pm eastern) in Los Angeles Disney (DIS) will hold an analyst day to discuss their plans for the integration of the recently acquired 21st Century Fox content assets and their plans to launch Disney …
Continue reading346 people died in two plane crashes involving Boeing’s 737 Max plane since October. It was not until last month’s crash of an Ethiopian Air flight that investigators could draw a straight line to Boeing …
Continue readingOne of my first trade ideas of the year on RiskReversal, and on Options Action (watch here) on January 4th, I detailed a bullish trade in chip giant Intel (INTC – Chip Rip?), which at …
Continue readingThis morning Goldman Sach’s software team upgraded shares of anti-virus maker Symantec (SYMC) to a Buy rating from a Neutral and raising their 12-month price target from $23 to $28, per TheFly.com: The company’s fiscal …
Continue readingLast week Wells Fargo (WFC) CEO Tim Sloan abruptly resigned after spending 31 years at the company, and nearly three years in the top job. The stock initially rallied on the news but has since …
Continue readingICYMI, Lyft Inc. (LYFT) offered 32.5 million shares at $72 a piece to the public on the Nasdaq on Thurs March 28th. The stock opened Friday morning just above $87 and has since dropped, now …
Continue readingBack on March 1st (Flash Delirium), I laid out a near-term bullish case for shares of Western Digital (WDC): And I detailed this idea on CNBC’s Options Action on March 1st: Here was the trade …
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