Very light single stock options volume on Thursday, as most of the activity remained in ETF options. The CBOE composite put/call ratio closed at 0.82, its lowest level in a month. 1. EWZ – The Brazilian …
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Today’s low volume drift higher to another new all time high in the SPX is exhibit A why long short traders should always adhere to the market saying “Never Short a Dull Market”. Here are …
Continue reading1. EEM – there was a massive closing seller in Dec puts shortly before noon, could have been part of a roll that we have become accustomed to seeing early in the month, where a trader …
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 reading1. CSCO – stock broke out above its 200 day moving average on decent volume in front of what some market participants are calling a highly anticipated product launch in the networking space (here). One …
Continue readingF – Buyer of over 50k of the Jan14 18 calls, mostly for 0.32, shortly after the open. F has not traded above $18 since January 2011 (high in 2013 is 18.02). FDX – Buyer to …
Continue readingStock volumes were their highest in more than 2 months, and options volumes were similarly elevated. SPY – Very active day in S&P 500 index options as well as the ETF. Volumes were 2.75x normal. The …
Continue readingEarnings related issues dominated volume again. QCOM – Large buyer of the Sept 67.5 calls to open, paying 0.43 for 43k, vs. selling 774,000 shares at $61.95, likely stock replacement ahead of earnings. Stock up 4% …
Continue readingVolatile intraday action, and options volumes were dominated by macro trades. VWO – Huge roll of the VWO Jun 42 puts out to the Jul 40 puts, selling 160k of the Jun to buy 235k of …
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