Shares of T-Mobile (TMUS) had a heck of a day yesterday, opening on its low, and closing on its high, up 3.4% after a 6% intra-day reversal: The stock caught a bid on this headline: …
Continue readingDeutsche Telecom
Event: T-Mobile (TMUS) will report Q4 results tomorrow before the open. The options market is implying about a 5.5% one day move, which is rich to the 4 qtr average one day move of about …
Continue readingTrade Update Nov 16th, 2012: This one didn’t go as planned, Sprint never came in and Bid for PCS, and the trade was bust from almost the start. Now with the stock below my short …
Continue reading
Earlier today I detailed Bernstein’s Upgrade of PCS (below), where they suggested: We believe this presents an attractive opportunity. Investors are, in effect, getting two free options. First,there is a free option on a successful …
Continue reading