DISH – RiskReversal

MorningWord 6/4/15: Sprint to The Finish

June 4, 2015 by Dan • Commentary

Another day, another proposed mega-deal. M&A is the big story of this stage of the bull run. Market participants became too familiar with special dividends in 2013, and corporate financiers moved towards massively increasing share buybacks …

Too Many Options – $EEM, $XLP, $SVU, $DISH, $GDX

July 2, 2013 by Enis • Commentary

Still holiday volumes in the option markets, but here were a few standouts. EEM – August Puts were very active today, with the Aug 38/33 put spread trading 60k times for 0.92 in the morning. XLP …

Too Many Options: Macro Focus, $VIX and $SPY

April 15, 2013 by Enis • Commentary

Single stock options volume was much more muted relative to options volume in macro instruments for protection, like SPY puts and VIX calls. VIX – Apr VIX expiry is on Wednesday morning, so Apr options dominated …