Event: Hewlett Packard Enterprises (HPE) reports their third quarter as a standalone company tomorrow after the close. The options market is implying about a 7% one day move following results. Back in early March the …
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Event: NetApp Inc (NTAP) reports Q3 results after the close. The options market is implying about a 8.5% one day move, which is rich to the 4 qtr avg one day move of about 6%, …
Continue readingLast week it was Intel (INTC) and Seagate (STX), yesterday it was IBM, and today it’s VmWare (VMW), all reporting results and issuing guidance that speak to weak demand from businesses for hardware and services. …
Continue readingLast Monday we took a look at IBM following the announcement of DELL and EMC’s intention to merge. While IBM could be a candidate to split some its faster growing cloud based businesses from their slower …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was Oct 12th to Oct 16th:
Continue readingEarlier in a post titled Early Bird Gets the Worm? I highlighted what seems to be a never ending urge to merge among semiconductor companies, with two fairly large rumored deals just this week. The week …
Continue readingMichael Dell has been out of sight and out of mind for public investors since taking his company private in a leveraged buyout deal two years ago. But the man who revolutionized how personal computers …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesdays trading: 1. NTAP – the enterprise storage company saw call buying shortly after the open yesterday, with 3500 of the May 36 calls …
Continue readingTech investors have shot first and asked questions later when it comes to companies issuing profit warnings. This morning Sandisk (SNDK) stated that Q1 sales would be lower than their guidance given on January 21st by …
Continue readingThe CBOE composite put/call ratio closed on Friday at 0.74, its lowest level since August 21st. Single stock options activity was focused on the tech sector. 1. EMC – The stock broke out above $30 last …
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