Shares of Twitter got a boost this morning when it was revealed that activist investor Jana Partners took a small stake. I am not sure this news should be viewed too positively as it could …
Continue readingCFO
Event: Alphabet (GOOGL) reports Q1 results tonight after the close. The options market is implying about a 5.5% one day move, or about $42 in either direction, which is cheap to the 4 qtr average …
Continue reading
On CNBC’s Fast Money last night, I was asked for thoughts on Groupon (GRPN) missing Q3 estimates, guiding down Q4 and booting their second consecutive co-founder from the CEO role. At the time the stock was …
Continue reading
Back in the spring when M&A in the semiconductor space was all the rage with the largest deal in tech history, Avago paying $37 billion for Broadcom (BRCM) and Intel’s (INTC) $17 billion cash bid …
Continue reading
Event: Google reports Q2 earnings tonight after the close, the options market is implying about a 3.5% one day move. With the stock at $590, the July 590 straddle (call premium plus the put premium) …
Continue reading
Back on May 8th we set our sights on financing the purchase of out of the money calls, targeting what was estimated to be Google’s Q2 earnings on July 16th, here was the trade (full …
Continue reading
A little less than a month ago we expressed a near term bullish view (below) that shares of Google (GOOGL) would re-test its post Q1 earnings levels, to refresh: Trade: GOOGL ($544.25) Buy to Open June …
Continue reading
A few weeks ago I placed a bullish trade in GOOGL that financed the purchase of July calls by selling May29th weekly calls. To refresh, from May 8th: Trade: GOOGL ($550) Buy May 29th weekly / …
Continue reading
I kind of have Google on the brain over the last 24 hours. Yesterday I detailed a short dated trade in June expiration that looks to benefit from the stock moving back towards its 200 …
Continue reading
On April 23rd Google (GOOGL) reported Q1 earnings and sales that missed consensus for the third consecutive quarter, reporting sales up 12% year over year, with paid clicks up 13% yoy. The stock rallied 3% …
Continue reading