Event: IBM reports Q2 results after the close tonight. The options market is implying about a 3.5% one day move which is rich to the 2.9% 4 qtr avg one day move and the 3.1% …
Continue readingIBM
Last Wednesday shares of Salesforce.com (CRM) had an intraday rally of almost 20% before settling in up 13% on a Bloomberg story that the company has hired bankers to “field takeover offers after being approached …
Continue reading
Here is a quick recap of trades that we initiated, closed, or debated in the week that was April 20th to 24th: [hr] Monday April 20th: Name That Trade – $IBM: You’re My Boy Blue …
Continue reading
Event: IBM reports their Q1 results after the close. The options market is implying about a 3.7% one day move, which is a bit high of the 4 qtr average move of about 3.4%.
Continue reading
Despite Friday’s sell off, most stocks that reported Q1 results last week saw positive price action. Most notable was the performance of a handful of so called bell-weathers that had a tough Q1, but posted gains …
Continue reading
About a week ago we highlighted a strange trade in ORCL into its earnings. A trader made a large 4 strike bet on ORCL that looks for an inside move on earnings, risking losses on …
Continue reading
By now you probably get it. First it was IBM’s results and commentary on Jan 20th, then it was MSFT on Jan 26th, HPQ on Feb 24th and INTC yesterday, all issuing disappointing sales, citing …
Continue reading
Event: HPQ reports fiscal Q1 tonight after the close, the options market implying about a 5% move, vs the 4 qtr avg of about 4.25%. With the stock at $38 the Feb27th weekly 38 straddle is …
Continue reading
Event: HPQ reports its fiscal Q4 earnings today after the close. The options market is implying about a 3.5% one day move, which is quite a bit alower than the 4 qtr avg of about …
Continue reading
Overall market volumes were quite subdued to start the holiday week. Tech stocks saw the most options volumes as the Nasdaq was a leader. 1. IBM – Dan discussed the back and forth action in IBM …
Continue reading