There is a a bifurcation of haves and have-nots in the year to date performance in technology shares. Apple, Microsoft, Intel and Facebook have done much of the heavy lifting for the tech heavy Nasdaq, …
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Earlier I wrote of the weak relative performance of some of the “Chortals” Chinese Web 1.0 stocks like SINA & SOHU, down 50% and 30% respectively on the year. There is little doubt that Alibaba’s …
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Single stock options volumes were a bit more active yesterday even though overall stock volumes remained anemic. 1. CMCSA – The April 57.50 / 62.50 call spread trades 80k at 0.825 near the close, looks like to …
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Zillow (Z) is a stock that has made no sense to us all year. Not just from a valuation standpoint but from a competitive one and most importantly from a sentiment standpoint. Back in the …
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Event: BABA reports its Sept 2014 qtr earnings tomorrow Nov 4th prior to the market open, and the options market is implying a one day move of about 6.5%. The Nov 7th weekly 102 straddle with …
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Very light options volumes once again, even as stock volumes picked up in the afternoon after the Fed release. The CBOE composite put/call ratio closed just above 1 on the day. 1. BABA – Alibaba has …
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Facebook’s shares are down 6% in the pre-market this morning (they were down as much as 10% last night) following Q3 results that were better than expected. The cause of the initial decline is the forward guidance …
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One of the lightest options volumes days of the entire year yesterday, as stock volumes also calmed down significantly. 1. PBR – Petrobras hit a 6 month low after the election results in Brazil. The bulk …
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After Facebook’s (FB) fairly rocky start in 2012 as a publicly traded equity, the shares have garnered “last man standing” status in 2014 among most internet social media and web services companies. FB shares are up 45% …
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The S&P 500 index had its first rally of over 1% on Friday since August 8th. Options volumes were concentrated in the tech sector, with calls more active than puts. 1. BABA – First week of …
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