Naturally, Thursday’s half-day saw very light options volumes, with technology names the most active as the major indices hit new highs once again. 1. CSCO – CSCO rallied to its highest level since last August. Calls …
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The weekly short call of our call calendar spread is set to expire today and wanting to keep the bullish nature of the trade on for now we’re going to close that portion and roll …
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Less than a month ago we made a defined risk contrarian bullish trade in EBAY, predicated on the belief that the stock could rally into their Q2 earnings scheduled for July 16th. At the time …
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All of the major indices made new intraday all-time highs in the U.S. (except the Nasdaq, which is still below its high from the year 2000), though the Russell 2000 and the DJIA closed below …
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A few weeks ago we made a defined risk contrarian bullish trade in EBAY, predicated on the belief that the stock could rally into their Q2 earnings scheduled for July 16th. At the time we …
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And the hits keep coming for EBAY with three fairly negative headlines in just the last few weeks: 1. The late May acknowledgement of a data breach that might have affected as many as 150 million customers. 2. …
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On one of last week’s CNBC Fast Moneys I fielded a viewer question asking my thoughts on Facebook (FB) shares at current level. The truth is I think very little of the shares right here …
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Interesting change in the options market yesterday, as the major indices closed higher, but implied volatility also generally closed higher as well, in contrast to the vol bleed that we have seen over the past …
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After the market close Friday on Twitter, activist hedge fund investor Carl Icahn disclosed a 9.4% stake in retailer Family Dollar (FDO) : Disclosed a 9% position in FAMILY DOLLAR today. Hope to continue our streak …
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Broadcom has jumped 13% this week after announcing on Monday morning that it planned to exit its cellular baseband business. This Bloomberg article from Monday had the details: Broadcom Corp. (BRCM), struggling to make a …
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