In case you missed it, recent U.S. housing data is pointing to a recovery, from this morning’s WSJ.com Housing Showing Signs of Recovering: Existing home sales rose at their strongest pace in five-and-a-half years in May, suggesting that …
Continue readingBBRY
My fellow Fast Money panelist and TickerDistrict contributor Brian Kelly laid out a bullish thesis on shares of Blackberry on a Behind the Trade segment for CNBC: Back in January we took a look at BBRY …
Continue readingBack in mid January we made a sort of “where there is smoke there is fire” trade in BBRY (read below). The stock is up 2.5% today on unconfirmed take-over rumors (here). To refresh here …
Continue readingHere is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. ALTR – At 3:32pm on Friday afternoon, The Wall Street Journal reported that Intel (INTC) was in talks to …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. BBRY – total options volume ran 2x average daily volume, with calls outweighing puts by about 10%. But it was the …
Continue readingEarlier today Blackberry shares spiked on this press release: BlackBerry Limited, a global leader in mobile communications, announced today that the Company is working with Google to enable BES12(TM): a cross-platform EMM solution by BlackBerry(R) …
Continue readingShares of Blackberry (BBRY) have had a wild 24 hours after yesterday’s Reuters report that Samsung had approached BBRY about a possible takeover, per Bloomberg: The stock rallied 30% yesterday increasing even after the market closed …
Continue readingIt’s confirmed. Blackberry has sold at least two of their new square Passport smartphones in Australia and here in the U.S. to two late adopters that write for Business Insider: I got to hand it …
Continue readingSingle 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 …
Continue readingOverall market volumes remained subdued, with the VIX closing below 15 for the 4th straight session. A good portion of the single stock options activity was in stocks reporting earnings. 1. BABA – BABA closed at …
Continue reading