Some of the worst performing stocks in 2016 in the Dow Jones Industrial Average are not industrials, they are in fact consumer discretionary. On Friday we highlighted the poor 2016 performance in MCD, today making …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Nov 16th to Nov 20th:
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Shares of Disney crashed in August, starting with its weak results and forward guidance and commentary around a secular shift in viewer consumption, which crescendoed into the August 24th flash crash lows of a peak to trough …
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Earlier today we offered our fiscal Q1 Earnings Preview for AAPL (below), and on Friday introduced the earnings trade that we felt most convicted on (here). Aside from the call calendar, we wanted to offer …
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Event: AAPL will report their fiscal Q1 earnings tonight after the close. The options market is implying about a 5.5%* one day move, slightly higher than the 4 & 8 qtr avg of ~5% . …
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CSCO – 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 …
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BAC – A trader sold 125,000 Jan2015 $17 calls at .79 to close, vs the trader buying 4,125,000 shares for 14.45. Open interest in the strike is 194,000. EWJ – The Japanese ETF saw …
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INTC – saw heavy call activity today as it appeared there closing buyers of upside calls. These could have been long holders who had overwritten the stock. Shortly after 11am, a trader bought …
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EEM – The usual suspect was back with his monthly role down and out of puts. A trader sold to close 210k Nov 42.50 Puts at 1.60 and bought 250k of the Dec 41.50 …
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The CBOE composite put/call ratio remained below 1 on Friday Nov 8th. The last time it was at 1 or higher was on October 15th. WFC – Customer sold over 100k of the Jan14 44 calls …
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