Options volumes were concentrated in the technology sector yesterday, which also happened to be the best performing sector in the market. 1. EBAY – The announcement of the Paypal spinoff gave a boost to shares. Dan …
Continue readingGPRO
We’ve gotten a lot of questions about GPRO in the past 2 days as the stock has squeezed higher in incredible fashion. GPRO is now a $11.5 billion market company trading at over 100x P/E …
Continue readingAfter gapping down nearly 1%, the SPX clawed back to nearly unchanged by the close. Options volumes lighter than last week (Note: the VIX trade referenced earlier was a fat finger, so that trade was …
Continue readingGoPro’s IPO has taken all of the sizzle out of Garmin’s shift to wearables. In fact, the IPO of GPRO on June 26th took place within one week of Garmin’s peak so far in 2014, …
Continue readingDan previewed GPRO’s options market open in yesterday’s MorningWord post. With the first full day of options trading in GPRO in the books, a few things stood out: First, 30 day implied volatility in GPRO …
Continue reading