Event: Salesforce.com (CRM) reports fQ2 results tonight after the close. The options market is implying about a 5.5% one day move, which is basically inline with the 4 qtr one day average move of 5.3%, …
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On Tuesday I previewed Workday’s (WDAY) fiscal Q2 results that were reported last night. Regular readers know that I am skeptical of stories like this. Stocks that trade at ridiculous multiples, are massively unprofitable on a …
Continue readingThe technology industry is full of ‘collaborations’. Established players that are slow to innovate and adapt to increasingly rapid change often invest in, or partner with smaller companies for a whole host of reasons. I …
Continue readingI know that most investors and pundits see all time highs in the largest equity market in the world as some sort of victory for capitalism. It’s been a victory, but not exactly for “free …
Continue readingTwitter (TWTR), you know the drill by now. The company is not growing users, revenue growth has decelerated massively (expected to be 16% this year and 13% next), profitability on a GAAP basis remains elusive, and …
Continue readingEarlier I highlighted recent price action following earnings in three once loved tech stocks. All have high short interest, all were down sharply from their 52 week highs, and all are now experiencing sharp short …
Continue readingEvent: Tesla (TSLA) reports Q2 results tonight after the close. The options market is implying about a 7% one day post earnings move, which is just shy of its 4 qtr average one day post …
Continue readingEvent: Amazon.com (AMZN) reports their Q2 results tonight after the close. The options market is implying about 7% one day move tomorrow, which is shy of its 10 year average one day post earnings move of 9.4%, …
Continue readingEvent: Alphabet (GOOGL) reports Q2 results tonight after the close. The options market is implying about a 5% one day move, which is cheap to the 4 qtr average of about 7%, and shy of the …
Continue readingHere are what appear to be a couple directional options trades that caught my eye in today’s trade: GLD: One of the largest trades in the options market today appeared to be a bullish roll in …
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