Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. GDX – the gold miner etf is down 11% over the last 2 days, closing on the dead lows of the …
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After what felt like a one way freight train in 2013, U.S. equities for the first five and half weeks of 2014 seemingly got derailed. Obviously that sounds a bit dramatic, as we were only …
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With GM not breaking, we’re going to close this position entirely and look for another entry in the thesis down the road. Action: Sold to Close half of GM ($35.37 ) Oct 37/33 Put Spread …
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Earlier this week GM announced their Sept sales that were far worse than expected, and showed relative weakness to the better than expected results by F and Chrysler. Almost a month ago I bought …
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Last Friday, on CNBC’s Options Action, my friend Carter Worth from Oppenheimer made the case why Auto stocks could follow the year to date under-performance of homebuilder stocks, specifically he focused on F, and made …
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Yesterday in his weekly technical analysis note to Oppenheimer clients, my Options Action and Fast Money friend Carter Worth had a great write up on just how extended he thinks small cap stocks have become …
Continue readingEvent: HD reports their fiscal Q2 earnings tomorrow morning prior to the open. The options market is implying about a 3.5% move vs the 4 qtr average of 3.75%, and the 8 qtr average of a …
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Here’s a very good technical look from my Options Action friend Carter Worth. Carter has been bullish for most of the year, getting a bit cautious in the Spring, and he was a buyer on …
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