Light volumes in options and the broader stock market after two active days to end last week. 1. XLF – Calls very active as there was a seller of over 30k of the Jan15 20 calls …
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Stock volumes picked up on the largest down day in 3 weeks. Options volumes were much higher than the average over the past month as well, especially in the energy sector, which rallied to a …
Continue readingETFs more active than single stock options, a theme that has persisted for much of the past 2 weeks. With the VIX hitting a new 1 year intraday low, implied volatility in many options contracts …
Continue readingThe S&P 500 index closed at its lowest level since February 21st, and the DJIA neared the 16000 level after falling all 5 days last week. However, CBOE composite put/call ratio was quite low, at …
Continue readingHere are some of the large options trades that caught our attention today: 1. SPY – there was a buyer of the Feb 170/162 Put Spread 35,000x paying .85, trade breaks-even down at 169.15 …
Continue readingSome unusual stocks made the most active list on Friday. MU – Stock was down 8.6% after earnings, in its largest volume day in its entire history. Option volumes around 3x the 1 month average. The …
Continue readingJefferies downgraded a slew of gold miners today, arguing that “with short reserve lives, rising costs, rising political risks, and a stagnant commodity price” the entire group remained unattractive and overvalued. Putting aside the fact …
Continue readingThe gold miners have had a miraculous fall from grace in the past 2 years. Here is the chart of the GDX ETF over the past 5 years, illustrating the speedy run-up and even more …
Continue readingA few names dominated option volumes. AAPL – Stock broke through its 50 day ma on its largest volume day in the stock since April 26th. The call to put ratio was down to 1.1, near …
Continue readingNo major themes on a strong up day for the markets. INTC – Apr 22 calls were the most active line, driven by buyers for most of the day. Around 85k traded at an avg. price …
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