Salesforce (CRM) reported a strong Q1 after the bell last night. The stock is up about 4% as I write and I wanted to check in on the short premium trade we put on yesterday. …
Continue readingCRM
Event: Salesforce.com (CRM) reports Q1 results tonight after the close. The options market is implying about a 6.2% or $4.30 one day move vs the 4 qtr avg of about 7%. Price Action / Technicals: …
Continue reading
Over the past year shares of Microsoft (MSFT) have been volatile, gaining, then losing, and then gaining again nearly $75 billion in market cap: That is a fairly astounding range when you consider the fact that …
Continue reading
Here is a quick recap of trades that we initiated, closed, or debated in the week that was May 4th to May 8th:
Continue reading
Last Wednesday shares of Salesforce.com (CRM) had an intraday rally of almost 20% before settling in up 13% on a Bloomberg story that the company has hired bankers to “field takeover offers after being approached …
Continue reading
Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. XLV – biotech and pharma stocks closed near the lows of the yesterday, with the XLV closing down 1.4%, marking …
Continue reading
Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. CHK – On Wednesday we saw crazy short dated call buying in UAL (here), and yesterday we see a considerably larger, much longer …
Continue reading
At the beginning of March we looked at Salesforce (CRM) following its late February earnings announcement that saw the stock gap higher above $70 for 2 days, which was quickly followed by a gap fill towards $64. …
Continue reading
Event: Adobe (ADBE) reports their fiscal Q1 results tomorrow after the close, the options market is implying about a 5% one day move which is shy of the 5.8% 4 qtr avg move. Over the …
Continue reading
Oracle (ORCL) reports their fiscal Q3 results next Tuesday March 17th after the close. The options market is implying about a 4.5% one day move which is shy of the 4 qtr average of about …
Continue reading