You know the drill, just as risk assets overshoot fundamentals on the upside, they can do so on the downside. In instances like 2000 in tech stocks, in 2008/2009 in financial stocks and with crude oil and …
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Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. MCD’s – the new CEO laid out his plane to turnaround falling sales in this 23 minute video, be prepared to be underwhelmed: https://mcdonalds.webcasts.com/viewer/event.jsp?ei=1063465 …
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Wednesday’s volatile session ended near flat, and the CBOE composite put/call ratio ended near even, at 0.95 on the session. The most active options names were not your usual suspects, and traders mostly focused on …
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Energy related stocks have been on a tear recently from a combination of a Middle East related oil price spike and a recent round of takeover chatter. APC have been rumored target of XOM, seeing …
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Options volumes were light overall on Friday. Most large single stock trades were on the call side of the ledger. 1. ADBE – Stock closed up nearly 13% at a new all-time high on Friday after …
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Here 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 …
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Here are some of the large options trades that caught our attention today: 1. FB – A trader closed a ratio call spread in January, sold 26K Jan 45calls at 5.60 to buy 40K Jan …
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1. GM – After the close the Treasury Secretary stated that the Govt has officially exited its stake from the bailout during the financial crisis. Prior to the stock closing at new all time highs, options …
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I mentioned in yesterday morning’s wrap that the SPX index hadn’t moved in a week. However, in that period, we’ve had several days where there have been big underlying single stock moves. In other words, …
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With Facebook up around 20%, it’s no surprise that it dominated options flow today. FB – 4 of the top 7 lines in the single stock options market today were in FB. The Nov 24 …
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