So our handling of this position was a Trading 101 course in What Not to Do when you have a pre-planned position into a volatile event. We initially bought GTAT and the Sept12th 16 put …
Continue readingImplied Vol
So the AAPL iPhone 6 event has started, and so far, we know that there is probably no sapphire in the iPhone 6 screen. GTAT is down about 12% as a result of this news. …
Continue readingLast week we looked at GTAT stock and talked about its potential move based on exactly what Apple announces on its product release September 9th. Here’s the background: GT Advanced Technologies (GTAT) has caught the …
Continue readingGT Advanced Technologies (GTAT) has caught the iPhone 6 fever. The supplier of Sapphire, the material that goes into LED screens is expected to someday displace Corning’s (GLW) Gorilla Glass in new larger iPhone(s) and …
Continue readingIn prepared comments to Congress this morning, Fed Chair Janet Yellen opined on equity valuations, specifically in certain sectors: “…Valuation metrics in some sectors do appear substantially stretched—particularly those for smaller firms in the social …
Continue readingAs 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 readingToday we’re seeing interesting options activity in Atmel (ATML), a mid cap semiconductor company whose options normally trade by appointment. Almost the entire options open interest has traded today, predominantly in the form of calls. …
Continue readingLast year NTAP was in the sights of activists looking for greater capital return to shareholders. In May, in conjunction with the company’s Fiscal Q4 report, NTAP announced an increased buyback and initiated a dividend …
Continue readingIn case you missed it over the weekend, Alibaba wrote on its corporate blog that it was starting the process to offer its shares in an IPO on an American exchange. Yahoo, which owns 24% …
Continue readingSince posting the the Considering Our Options post just a bit ago stating our intention to close the RAX March 40/50 Call Spread for a gain prior to the stock’s Q4 report after the close, …
Continue reading