Here are some apparently directional options trades that caught our attention in today’s trading: GLD: the shiny metal has sat out the explosion in metal and mining stocks over the last month or so, with …
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The largest trade in the options pits today was a closing sale of 40,000 of the EWZ (iShares MSCI Brazil etf) that tracks Brazilian equities. When the etf was $27 a trader sold to close …
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Aside from the insanity in left for dead, highly levered energy, materials and mining related stocks, emerging market equities were the big winners of the recent bounce in oil, stabilization in high yield credit and the range …
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Regular readers know that macro ain’t exactly my bag, I’m more of a U.S. stock/options monkey. But every so often a headline outside my wheelhouse catches my eye and I dig a little deeper. Like …
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We don’t write a lot about Brazil’s economy or their stock market because frankly we don’t know that much about either. What has stuck out to us in 2015 is that China has caught most …
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Here is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. ORCL – options volume ran nearly 10x average daily volume, with much of the activity coming in one large …
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Here is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. SPY – despite closing down nearly 1.5% on the day, the largest trade of the day was a massive bullish roll …
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EWZ has rallied back to where it closed on Friday ahead of the elections, suggesting that market participants were not that surprised by Rousseff’s election victory. That was our expectation when we initiated the Oct31st …
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The Brazilian election results are out, and Rousseff won as expected. While the decline in EWZ today of 7% seems severe, the ETF has actually held above its 52 week low of $38 this morning. …
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I discussed the Brazilian elections in this morning’s Notable Options Activity post: 1. EWZ – The Brazilian elections are on Sunday, and investors have gotten pessimistic on the market as polls have shifted in favor of …
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