A few weeks ago, when Crude Oil was in the low $40s we made the case that large cap oil stocks were showing great strength relative to the commodity, and the XLE, the Energy Select …
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Here are a few apparently directional options trades that caught my eye in today’s trading: XLK: There appeared to be an opening bullish bet in the S&P Technology Select etf when the etf was trading $47.70, …
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In case you missed, the 24% decline in crude oil from its 2016 highs in early June above $50, to this morning’s low at $39.19 came to a screeching halt following today’s supply data: With …
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Here is a breakdown of a couple large, apparently directional sector etf trades today in the options market:
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The financial world is picking up the pieces of yesterday’s Brexit vote. The price action in most major risk assets, shows just how much the Leave vote caught market participants off-sides. While it is still not clear …
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No He didn’t. My buddy Brian Kelly put it out there for you this morning on The Ticker District: Introducing the D.U.N.G. Stocks Deutsche Bank, Union Pacific, Nabors, and General Motors. Street Cred: Represent an …
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Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. QQQ – on a day that saw the Nasdaq Composite close above 5000 for the first time since March …
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Trinity Industries (TRN), the manufacturer of railcars and highway guardrails (to name a few of their sexy products) has traded in lock-step with oil stocks over the last year (TRN in white and the XLE, …
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Go figure, a few of my worst trades this year were long biased and in oil related stocks/etfs (CVX, USO and XLE). Exhibit A and B to stick with what you know and don’t be contrarian …
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There are a couple large options trades in the oil patch that caught our eye. Both trades suggest that oil prices could be near an inflection point, possibly by September expiration. What is interesting about …
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