Last week on Oct 6th we made the case why weekly XLF puts appeared to be dollar cheap (not in implied volatility terms) considering that 30% of its components were reporting earnings this week. To …
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Event: BAC reports Q2 results prior to the open tomorrow, the options market is implying about a 2.75% one day move, which is a tad light of its 4 qtr avg move of 3.25%
Continue readingHere is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. BAC – The largest single stock options trade of the day was in BAC,. When the stock was 17.60 a trader …
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MW – Men’s Wearhouse is trying to break out to its 2014 highs after a dismal end to that year. The stock is up nearly 20% in 2015 and an recent days has seen some …
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Yesterday I highlighted the relative under-performance of Bank Of America (BAC) to its moneycenter bank peers Citibank (C) and JP Morgan (JPM) given the company’s second consecutive request to resubmit their capital return plan following …
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Bank of America (BAC) is seeing red today as their capital return plan got a “conditional pass” having to resubmit for the second straight year. On a day that the S&P 500 is up …
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The front page of CNBC.com from a few minutes ago: The caption could have easily read “nothing to fear here, everyone back in the water’. I know a lot of you are in love with …
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Calls were much more active than puts among single stocks, led by YHOO ahead of today’s Alibaba IPO. 1. YHOO – Options traded around 3x the average 1 month volume. The largest single print was a …
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Another new all-time closing high for the S&P 500 index ahead of Janet Yellen’s highly anticipated Jackson Hole commentary today, scheduled for 10:00 am EDT. The CBOE composite put/call ratio closed at 0.70, its lowest …
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Puts were much more active than calls on Friday, as options traders became much more interested in hedging after Thursday’s 2% decline. The CBOE composite put/call ratio closed at its highest level since October: Here …
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