On of our favorite structures for long stock alternatives is an in the money call fly. The reasoning is you are often able to effectively own the stock at or below where it is trading …
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XOM saw a fairly large call purchase today, at least in contract terms, when the stock was $85.62 a trader paid .32 for 42,000 May 90 calls to open ($1.35 million in premium). Friday afternoon Dan …
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Back on February 27th there was a massive long dated bullish print in GE options. We highlighted the trade and offered an alternative bullish options trade for those whose trading is inspired by unusual options activity. Here was …
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Yesterday Dan wrote about a large trade in QCOM options: Shortly before noon there was an interesting trade that caught my eye. When the stock was $67.50 a trader sold 20,000 Jan 60 puts at 2.72 and bought …
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Twitter stock has broken above resistance in the past few trading days amidst rumors and what feels like a bit of a sentiment shift recently: $56 looks like the next significant spot in the stock …
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Last week we converted a bullish call calendar in Macy’s (that had the risk of becoming bearish when the stock went through the strike) to a bullish call fly. Here was how we did the …
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A couple of weeks back I wrote about the VIX and “long” VIX etn products, particularly the VXX (reposted below). Since we’ve seen some volatility between then and now I wanted to check back in …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. USO – the etf that tracks the price of wti crude saw continued put buying on a day that saw a …
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Last week we looked at CYBR stock and offered a stock alternative: Technically this stock looks decent near term as long as it can hold this recent $50 level. We don’t like buying the stock …
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A rising tide is lifting all boats in the financial sector today, led by shares of JPM which are up 3% after being featured on the cover of Barron’s this past weekend (JPMorgan Rising). There …
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