Who would have thunk it – a 40 basis point sell off in the S&P 500 causes a 10% rally in the VIX. While the price action today in the broad market seems fairly orderly, …
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Event: DAL reports its Q4 earnings on Tuesday before the open. The options market is implying about a 5% one day move, which is above both the 4 qtr avg of about 4.5% and the …
Continue readingThe most glaring aspect of the price action on my board yesterday was the dichotomy in performance between the year-to-date winners and the year-to-date lowers. The biggest losers yesterday were a who’s-who of best performers …
Continue readingFacebook and Blackberry dominated options volumes. FB – More than twice the normal options volumes, with 680k calls and 300k puts trading on the day. The Oct18th 50 calls traded over 30k, with implied vol on …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:20 and 3:30 pm EST on CNBC: The airlines have been one of the best performing sectors in the market this year. …
Continue readingAirlines stocks are known as the kiss of death in the investment industry. Warren Buffett even famously commented that it’s the one industry he wouldn’t touch again. Airlines are notoriously volatile businesses that have lost …
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