In my preview of Disney’s (DIS) fiscal Q2 earnings on May 10th, when the stock was $106, I saw very few scenarios where the stock would rally after the print: The 11% bounce in the …
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Earlier today I highlighted the relative weakness from last year’s all time highs in the S&P 500 (SPX) of some prior market leaders that I have dubbed U.S. Consumer Teflong™ Portfolio (read here). The group consists …
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Event: Disney (DIS) will report fiscal Q2 results tonight after the close. The options market is implying about a 3% one day post earnings move (last quarter implied move was 5.5%), which is below the …
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Shares of CBS were upgraded this morning at Deutsche Bank from a Hold to a Buy rating, but they lowered their 12 month price target from $67 to $60, per Bloomberg: CBS to reach inflection …
Continue readingHere is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. MU – in front of today’s fiscal Q3 earnings options volume was more than 2x average daily volume with …
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CBS – it looked like a trader closed the March 62.5 calls in CBS, 20,000+ at an average price of 94c or so. Dan pointed out some call buying back in Feb here: http://www.riskreversal.com/2015/02/12/wednesdays-notable-options-activity-cbs-dltr-nav-wmb/ I …
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In case you missed it, Lumber Liquidators (LL) was featured in a VERY negative light on last night’s 60 Minutes program on CBS, with not only short sellers suggesting massive fraud by the company, but …
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Another low volume, tight range trading session. 10 day realized volatility in the S&P 500 index hit 2.5, its lowest level of the past decade. 1. MSFT – Most of the call volume in MSFT was …
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A new closing high for the S&P 500 index yesterday. While overall options volumes were light, there was aggressive buying in one line in SPY options. 1. SPY – The Dec20th 215 calls traded over 350k …
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CBS bounced at a very important technical level yesterday, as I noted in this morning’s Notable Options post: 5. CBS – Buyer of 20k of the Mar 57.5 / 67.5 call spread for 2.47 to open. …
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