Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. JPM – total options volume ran 1.5x avg daily volume with calls dominating, making up 85% of the days volume. …
Continue readingGLD
Precious metals are getting walloped again today, continuing a vicious downtrend that has been in place since July. That also happens to be when the U.S. dollar started on its very strong run, which has …
Continue reading
Gold is the latest commodity to break multiyear support, tough the precious metal has essentially held right at its 3 year low so far today: While GLD has made a minor new low, front month …
Continue reading
Goldcorp has been a favorite stock of ours since late 2013, and we have used it as our vehicle for investing in precious metals miners in that period. I laid out my thoughts on our …
Continue reading
We own GG in the investment portfolio from an entry at $25.50 in late March. GG was a stock we first got interested in late last year after it fell below book value amidst the carnage …
Continue reading
CBOE composite put/call ratio closed at 0.97 as put activity picked up in the macro ETFs. Single stock options activity was focused in the technology sector. 1. XLF – Trader bought 200k of the Aug16th 21/19 …
Continue reading
Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was July 14th – July 18th: Monday July 14th: Name That …
Continue reading
As regular readers know, I am not schooled in the intricacies of why investors buy gold or gold related stocks. I get the quasi “doom and gloom” science behind it, but its just not my …
Continue reading
Tight range of only 6 points in the S&P 500 index yesterday on relatively low volume. Single stock options activity was focused on calls once again, with many of the trades looking out 3-6 months. …
Continue reading
Stock market volumes were anemic once again, even with the debacle surrounding the ISM release, which had to be revised midday after a faulty release at the scheduled 10:00 am release time. Options volumes were …
Continue reading