Here is a quick recap of trades that we initiated, closed, or debated in the week that was Nov 30th to Dec 4th:
Continue readingEEM
On November 6th we placed a trade in the emerging markets etf EEM. Our thinking was that a rising dollar into what looked like a more and more likely December liftoff for the Fed would …
Continue readingOn November 6th we placed a defined risk bearish trade in the emerging markets etf EEM. Here were our thoughts at the time and the trade: If you are of the mindset that the fear …
Continue readingIn today’s MorningWord (Bulls in China Shop) we looked at China’s bear market rally (since the Aug lows) and tried to determine what is says about the health of their economy, and what it means for global …
Continue readingHere is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. BAC – The largest single stock options trade of the day was in BAC,. When the stock was 17.60 a trader …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesdays trading: 1. CBS – when stock was $61 a trader paid 2.45 for 45,000 June 62.50 calls to open. The calls break-even at $64.95, …
Continue readingHere is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. GE – The largest trade on the day across single stock, etf and index options was a long dated bullish …
Continue readingThree of the tech leaders on Friday, FB, YHOO, and MSFT, were also the stocks with the most active options. The CBOE composite put/call ratio closed above 1 for the second time last week as …
Continue readingEmerging markets have outperformed developed markets since mid-March, a change in character after several years of severe underperformance. The headlines in emerging markets have improved in certain areas (India and China most notably), while headline risk …
Continue readingOptions volumes shifted to emerging markets and commodities on Tuesday, as single stock options were more subdued. EEM had its highest close in more than a year, and FXI had its highest close since December. …
Continue reading