Options volumes were very light on Friday. In fact, it was one of the lightest days of 2014 for options, a reflection of the very low level of realized volatility (10 day realized volatility in …
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Intraday volatility continued in the S&P 500 index, as the index had a range of nearly 50 points for the second straight day. However, the index closed near unchanged, and options volumes were more subdued, …
Continue readingThe S&P 500 index had its first rally of over 1% on Friday since August 8th. Options volumes were concentrated in the tech sector, with calls more active than puts. 1. BABA – First week of …
Continue readingI wasn’t exactly sure which long suffering tech under-performer of the Bull Market would be first to cry uncle, but the Wall Street Journal this morning is reporting that EMC Corp (EMC) is exploring options …
Continue readingThis morning Factset Research is reporting that: Cash & short-term investment balances in the S&P 500 (ex-Financials) rose by 18.0% year-over-year and settled at a balance of $1.36 trillion at the end of Q3 2013. …
Continue readingCSCO – stock got drilled today, down nearly 11% on what amounted to disastrous revenue guidance for the current quarter, below the 4% yoy consensus for growth to down 8-10%. Options activity was …
Continue readingMorningWord 11/12/13: Back in May we took a look at NTAP prior to their fiscal Q4 quarterly report and concluded that the recent interest by activist investors, strong balance sheet and technical set up clearly …
Continue reading1. AIG – stock continues to decline, now down 8% since its earnings results last week and now essentially trading at the low from early October. A trader made a fairly large upside bet in …
Continue reading1. MSFT – The stock continues its run to multi-year highs, and the best performer in the Dow Jones Industrial Avg for the second day in a row. While the price action in the stock …
Continue readingInvesting in Tech in 2013 could probably best be described as a situation of have an have nots. For every highflying web or “cloud” stock marching to what feels like new highs on a daily …
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