This week Congress passed legislation to roll back post-financial crisis legislation. Next week the Fed will raise short term 25 basis points. Bank stocks after massively underperforming the broad market since March 1st bounced 3%, registering its …
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A couple of weeks ago we wrote about the bank stocks into their earnings season and offered a simple short-term protection strategy for those looking to protect gains into an uncertain potentially volatile period. The thought at …
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It’s been my belief (and many others) that much of the stock markets year to date gains has been a direct result of investor optimism for tax cuts, deregulation, and fiscal stimulus. Deregulation has been …
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The largest trade in the options market today, in contract terms was in the XLF, the S&P Financial Select etf. When the etf was trading $23.63 at 3:20pm a trader bought to open 152,000 of …
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On Friday’s Options Action on CNBC we discussed the out-performance in bank stocks since the presidential election in early November, and the possibilities for a pullback in bank stocks following Q4 earnings results and Q1 …
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Here is some apparently untied directional options trades that caught our attention in this morning’s trading:
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Event: Citigroup (C) is scheduled to report its Q3 results Friday before the open. The options market is implying about a 3% one day move in either direction, which is a tad higher than the …
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Q3 earnings season kicks off next week. The main event will come Friday morning with earnings from Citibank (C), JP Morgan (JPM) and Wells Fargo (WFC), three stocks that make up nearly 25% of the …
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We use this post to highlight unusual activity, especially what we perceive to be directional. We don’t suggest that this activity can be useful in making any investment/trading decisions about the underlying (i.e. blindly following …
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Here is some untied apparently directional options activity that caught my eye in today’s trading: INTC: yesterday in this post I highlighted some out of the money call buying in November expiration (here), and today …
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