Big Printin’

One of the largest single stock options trades so far today was in the oil patch, in refiner Tesoro Corp (TSO). When the stock was trading $80.15 shortly after the opening a trader bought to …

After a dismal year in 2016, closing down 13%, vs the Nasdaq closing up nearly 8%, shares of Salesforce.com (CRM) are up a whopping 20%, and now down just 3.5% from its all-time highs made last …

On Monday (here) we had some thoughts on Intel’s (INTC) nearly $15 billion purchase of Mobileye (MBLY), and on Tuesday (here), more thoughts and a trade idea. Today, shares of INTC are down for their third …

Te etf that tracks gold, GLD, has had a tough couple weeks, down about 5%, since being rejected on Feb 27th at its downtrend from the 52-week highs made this summer, now just below mild technical …

This morning Doug Kass, of Seabreeze Partners offered his take on the recent weakness in the price of copper: It was interesting to see what appeared to be a trader closing out of some long …

This is not the first time you have heard us say this, but reading too much into unusual options activity can be a big mistake for those inclined to follow along as it’s often unclear what …

Palo Alto Networks fell more than 24% Wednesday, March 1st after reporting disappointing earnings results the prior afternoon after the close. Despite year on year growth of 26%, company guidance and comments regarding operational challenges …

With the stock market making new highs daily, and having its best day of 2017 today, it’s worth noting that options volume in the SPY, the etf that tracks the S&P 500 (SPX) is skewed …

Surprisingly in 2017, sectors deemed to be yield proxies like Utilities and REITS have faired pretty well despite the backdrop of economic reflation ruling the rhetoric in both economic and political circles. The S&P Utilities …

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 …