Remember when Chinese equities (Shanghai Composite) inflated 180% from their June 2013 lows to their June 2015 highs: Then the index got cut in half. It put in lows earlier this year, before regaining some …
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Adobe System’s (ADBE) reports their fiscal Q4 results tonight after the close. The options marker is implying about a 5.3% one day move tomorrow, which is a tad rich to the 4 qtr average one …
Continue readingShares of General Electric (GE) have spent the better part of 2016 trading in a fairly tight range between $28 and $32, now approaching the upper end: To my eye, a rejection at $32 and …
Continue readingKnown short seller Andrew Left of Citron Research Tweeted the following regarding pharmacy benefit management company Express Scripts (ESRX): The stock cratered, since come back a bit: And short dated put volume exploded. 4x that …
Continue readingShares of Anheuser-Busch InBev (BUD) are down 23% from their 52 week and all time highs made in late September, and down 16% on the year. After a nearly 7 month consolidation between the low $120s …
Continue readingGameStop (GME) will report their Q3 results tonight after the close. The options market is implying about a 6.75% one day move tomorrow, which is above the 4 qtr one day average move of 4.8% …
Continue readingPalo Alto Networks (PANW) reports their fiscal Q1 results after the close. The options market is implying about a 6.5% one day move in either direction tomorrow, which is shy of the 4 qtr average of …
Continue readingEvent: Nvidia (NVDA) report their Q3 results tonight after the close. The options market is implying about a 8% one day move tomorrow, which is shy of the average over the last 4 quarters of about …
Continue readingIt’s fairly fascinating to see which sectors in the market are participating in the post election bounce, and which are sitting out the nearly 1% gains (6% off of the overnight lows). Banks, Pharma/Biotech, Materials …
Continue readingEvent: MSFT will report their fiscal Q1 after the close tomorrow. The implied move in the options market is about 5% in either direction, below the 4 qtr average one day post earnings move of …
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