The market just needed an up day to bring back the heavily skewed call volumes. LVS – Over three times average option volume. There was a buyer of 17,400 May 52.5 calls. Also a buyer …
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On a day when the VIX was up more than 10%, a lot of single stock call trading continued. ORCL – Someone rolled their short Dec 33 calls out to the June 35 calls, paying …
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Back in mid June when NKE was above $100 I bought a July Put Spread heading into their fiscal Q4 earnings as the company very aptly fit into my theme of shorting U.S. multi-nationals with …
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WSJ U.S. stock futures were mostly higher as better-than-expected results from Caterpillar and Boeing and a rebound in Spanish stocks helped distract investors from a rare disappointment from Apple and some weak European economic data. …
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EVENT: CSCO reports it’s fiscal Q3 earnings tonight after the close (see Bloomberg preview/expectations at the bottom of the post). The options market is implying a little less than a 6% move following earnings which is …
Continue readingTrade Update Apr 2nd, 2012: The trade below has taken a bit of management, but I think definitely worth the time going through it’s different iterations and why we did what we did. Prior to CSCO‘s …
Continue readingUpdate: Feb 9th 2012 at 9:25am CSCO saw an initial pop on its earnings in after hours trading, up nearly 4%. That strength turned quickly to a little weakness as the conference call commenced. This …
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Update Feb 8th 2012 at 3:25pm: Here is the deal, I think the likelihood of a big disappointment here is not great. That said, expectations aren’t exactly low heading into tonight’s print. I think any …
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CSCO ($20.30) No New Trade at the moment, wanted to post some thoughts, will update with trade ideas later in the day. -Company reports their fiscal Q2 tonight after the bell, and after a …
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Friday’s action was more of the same that we have seen….the SPX didn’t see an uptick ’til about 2pm when CNBC ran a story that the capital standards that are being proposed by international regulators …
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