Back on April 24th we started “chipping away” at July downside puts in INTC when the stock was $32 targeting their Q2 report that we expected would have a meaningful guide down for Q3: Trade: …
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Yesterday, we placed a bullish trade on EBAY with the thought that a move back to $60 could be in the cards given the stock’s pre-earnings decline as well as the fact that the impending …
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EVENT: EBAY will report their Q1 results tonight, and the options market is implying about a 4.75% one day move vs the 4 qtr avg of about 4.3%. There was a large trade in the …
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For the last few weeks CRM had been on our radar as a technical breakout candidate (here) as the market rally appeared to be broadening out with the Russell 2000 making new highs. Last week …
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EVENT: CRM reports fiscal Q earnings on Wednesday after the close, the options market is implying about a 6% one day move which is basically in line with the 4 qtr avg, but below the …
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A couple of weeks ago we wanted to make a near term defined risk play that the slightest bit of stabilization in the price of crude oil would cause a sharp reversal in airline stocks. …
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UAL, up from $40 in October to nearly $70 into its recent earnings has certainly commanded our attention. We get the reasons why investors continue to bid up Airline shares, but don’t exactly agree with said …
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Yesterday, I outlined my bearish thesis for United Airlines (UAL) going forward, and wanted to wait for this morning’s Q4 report before expressing the view. With the earnings and guidance out, and the stock up, …
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On last night’s Fast Money on CNBC, we had a fairly spirited bull / bear debate on owning the airlines. I was on the bearish team, watch here: I think both sides made some very …
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We previewed the Facebook earnings earlier (copied below) and much like TWTR yesterday we want to follow up with some options structures we like depending on your current FB holding or directional bias: Stock replacement/alternative …
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