MorningWord 12/12/13: Despite yesterday’s 1% sell off in the SPX, there seems to be universal optimism among the investment community that the Fed’s fairly imminent Taper of bond purchases has more to do with …
Continue readingCIEN
Event: CIEN reports fiscal Q2 earnings tomorrow morning before the open. The options market is implying ~10.5% move which is a tad shy of the 4 qtr avg move of ~13%.
Continue reading
Two big prints that were both protective in nature. VIX – buyer of the Apr 20/25 call spread 150,000 times paying 0.70 to open. Quite a big bet, as that involved paying out $10.5 million …
Continue reading