Back on March 19th shares of NKE gapped to a new all time high following fiscal Q3 results that were better than expected, despite no shortage of headwinds from the strength of the dollar, bad …
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Earlier today we entered in a new trade in the IWM (read here) based on a few factors, most notably the pattern of increased downward volatility in the first few weeks of a new quarter …
Continue readingTwo weeks ago we placed a trade in the Chinese online travel site CTRP. The trade itself was a simple put purchase, close to the money. The idea at the time was to look to spread …
Continue readingEvent?: The Chinese online travel company Ctrip.com (CTRP) has yet to report Q4 results. Bloomberg estimates March 13th. A look a their investor relations site (here) is little help, but considering they reported their Q3 on Nov …
Continue readingEvent: Best Buy (BBY) reports Q4 results tomorrow morning before the open. The options market is implying about a 6% one day move which is shy of the 4 qtr average of about 4.7%. It …
Continue readingChipolte (CMG) reports their Q4 results tonight after the close. The options market is implying about a 7% one day move which is shy to the 4 qtr avg of about 9% and the 8 …
Continue readingAs a company, Target has had a tough year dealing with the aftermath of the largest corporate data breach in history. They suffered millions in related costs and lost sales causing the company to halt their share …
Continue readingWe previewed the Facebook earnings earlier (copied below) and much like TWTR yesterday we want to follow up with some options structures we like depending on your current FB holding or directional bias: Stock replacement/alternative …
Continue readingEVENT: FB is scheduled to report their Q3 results after the close tonight. The options market is implying a one day move in either direction for Wednesday of almost 8%, which is rich to its …
Continue readingAfter Facebook’s (FB) fairly rocky start in 2012 as a publicly traded equity, the shares have garnered “last man standing” status in 2014 among most internet social media and web services companies. FB shares are up 45% …
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