Yesterday in this space we highlighted some unusual long dated upside call buying in Deutsche Bank (DB): Regular readers know that we do NOT place too much emphasis on unusual options activity, as it is …
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Here are some apparently directional untied options trades that caught our attention in today’s trading:
Continue readingIt’s been a newsy week in financial markets. Monday saw continuation of takeover speculation for Twitter (TWTR) and the stock has been able actually build on last Friday’s 21% gains, despite no news, and famed venture …
Continue readingA combination of the ECB not as dovish as some would expect yesterday, and increased expectations for a U.S. Fed rate increase in September have stocks and bonds falling today, while the U.S. dollar and rates …
Continue readingIn the lead up to, and the way out of the late June Brexit vote, European banks were thought to be the most vulnerable in the event of a Leave vote. They had already been …
Continue readingA couple of weeks ago we expressed our gloomy view of U.S. bank stocks with a put purchase in Bank of America (BAC ) expiring in August. We chose that expiration because it captures BAC’s …
Continue readingThursday afternoon I took a quick look at the price action of European bank stocks, particularly Deutsche Bank (Bank Bounce?). In hindsight this seems like an obvious observation for the very near term: DB has …
Continue readingRegular readers know I haven’t had many positive things to say about the prospects for banks stocks in 2016. My cautious view has had little to do with the recent concern emanating from the increased (yet …
Continue readingHere’s a guest post from friend of the site (and Dan’s Options Action co-panelist) Michael Khouw. We talk a lot about implied moves here on the site and there’s some quick back of the napkin …
Continue readingEarlier today I tweeted the following regarding the price action in European bank stocks. Remember, they were very high on the list of issues rattling global markets in January and February: Euro Banks were big …
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