Event: Autodesk (ADSK) reports their fiscal Q2 results tonight after the close. The options market is implying about a 6% one day post earnings move which is rich to its 4 qtr one day average move …
Continue readingADSK
Talk about the Barron’s Curse. Since the financial rag ran a feature story this past week on the design software maker Autodesk (ADSK) previewing their analyst day Sept 29th, titled (Autodesk’s Bet on the Cloud Will …
Continue reading
SPLS – There was a large print in the September 20 calls. The trade was reported as a buy-write meaning they were sold vs. shares bought in the stock. The curious thing is that the …
Continue reading
Relatively light volume day on Monday ahead of the busy event schedule for the balance of the week (see yesterday’s The Week Ahead post for more details). The CBOE composite put/call ratio closed at 0.83, …
Continue reading
Apple continues to be the focus of the options market this week. Outside of the market’s largest stock, sector ETFs and a few single names had big prints. 1. AAPL – Interesting roll in AAPL, as …
Continue reading
AutoDesk has been on my radar ever since I delved into the company’s financials in a bearish trade post in early July, that I eventually took off for a small loss last week ahead of …
Continue reading
We have been holding our ADSK put spread (initial post from early July below) for the past week, since the stock had remained below the $55 resistance level as well as the 50 day moving …
Continue reading
Nearly a month ago, we took a shot from the short side on ADSK, one of the many cloud/SaaS companies that had been at the center of the volatile price action in momentum stocks in …
Continue reading
Financials were the best performing sector yesterday after two strong earnings reports from JPM and GS. IWM continues to underperform SPY and QQQ. Options volumes were higher yesterday compared to the past couple of weeks. …
Continue reading
Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was July 7th – July 11th:
Continue reading