Overall market volumes were quite subdued to start the holiday week. Tech stocks saw the most options volumes as the Nasdaq was a leader. 1. IBM – Dan discussed the back and forth action in IBM …
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Event: PANW reports its fiscal Q1 earnings today after the close. The options market is implying about a 7% one day move, which is in line with the 4 quarter average of 7% and below …
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Since it’s Thanksgiving on Thursday, the calendar in the U.S. is especially light. In terms of economic data, the third quarter revised GDP data is out on Tuesday morning, and Durable Goods, Personal Income, and …
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The CBOE composite put/call ratio closed on Friday at 0.74, its lowest level since August 21st. Single stock options activity was focused on the tech sector. 1. EMC – The stock broke out above $30 last …
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JNJ has been a steady large cap leader in the past 2 years. Since the stock’s breakout to a new all-time high in early 2013, JNJ has remained above its rising 50 week moving average save …
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A new closing record for the S&P 500 index and the DJIA, though the Nasdaq 100 closed just short. Options volumes were light ahead of today’s monthly expiration. 1. KORS – 35k of the Jan15 70 …
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HAL has had a very steep fall from grace in the past 4 months, going from an all-time high of $74.33 on July 23rd to yesterday’s intraday low of $47.74, just a touch above the …
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Even though markets were a bit more volatile intraday and monthly options expiration is tomorrow, single stock options volumes remained low ahead of next week’s Thanksgiving holiday. 1. KO – Calls were very active in KO, …
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DISH has made a new all-time high in today’s session, rising above the $73.14 high from March 2000, though the stock has not exactly blasted through that level just yet: The excitement over DISH shares …
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Even with the relentless bid to U.S. stocks in the past month, General Motors, an iconic American brand name, has badly lagged the advance. GM is down 21% year-to-date, and is trading near the same …
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