Back in early August (original post below), I initiated a long position in AT&T with the thought that their generally poor Q2 results were reflective of an increasingly competitive mobile landscape, and that the iPhone …
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Tesla has been in the news this week, for two very different reasons. First, the stock made a new all-time high, surpassing the late February “GigaFactory Spike” levels that capped a 130% move from the …
Continue readingFor a sleepy stock, AT&T (T) has had an active past few weeks, trading in a nearly 10% range: The stock broke out to new 52 week highs late last month when Winstream (telco provider) …
Continue readingJoy Global is up nearly 8% making new 52 week highs on takeover rumors. Options volumes exploded, trading almost 10x avg daily volume, with most of the activity in short dated call buying, as expected, …
Continue readingI don’t spend a lot of time on mid to small cap biotech stocks for one simple reason – because I don’t know the what, when or why. Throughout my career, I have seen a very small group trade/invest …
Continue readingWhile Priceline’s (PCLN) bid for OpenTable (OPEN) last week has placed many companies that offer web based services in the sites of many investors (see my discussion from earlier here), the larger “pure-play” social media stocks …
Continue readingThe S&P 500 made a new closing high yesterday, a frequent phenomenon since the index broke out to new all-time highs last spring. Interestingly, ever since that breakout to a new all-time high, VIX spot …
Continue readingLast week AIG reported Q3 results that by most accounts were a mixed bag with a murky outlook that sent the shares down 6.5% on Thursday. The one day decline was the largest in more …
Continue readingLast night URBN announced that they had authorized a share repurchase program for up to 10 million shares, as there prior buyback from Aug 2011 had been fulfilled. Back on Aug 19th, URBN reported …
Continue readingMost of our recent trade strategies have been long volatility structures. Whether that’s long outright calls or puts, long call spreads or put spreads, or long calendars, our trade structure selection is much different than …
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