Something fairly extraordinary happened yesterday. AppDynamics was on the eve of their hotly anticipated IPO that would value the company near $2 billion. Now there won’t be an IPO. Because AppDynamics was bought by Cisco …
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Last night on CNBC’s Fast Money I highlighted some unusual call options activity on shares of Alibaba (BABA) on a day that Chinese Internet ADRs went nuts here in the U.S., and BABA closed up …
Continue readingAthleisure stocks are ripping today with Lululemon (LULU) leading the way, up 4%, Nike (NKE) up 3% and Under Armour (UA) up 2.5%. All three stocks are well off of their 2016 highs though, with …
Continue readingOn CNBC’s Fast Money last night we got to mess around with Snap’s (the mobile messaging app formerly known as Snapchat) Spectacles, the limited release sunglasses equipped with video capture. Mashable’s Editor, and friend of …
Continue readingEvent: Alibaba (BABA) reports Q3 results tomorrow before the open. The options market is implying about a 5.5% one day post earnings move, which is rich to the 4 qtr average one day post earnings …
Continue readingThe nearly 2% decline for the S&P 500 (SPX) in October was its first monthly decline since February (down 41 bps) and worst since January’s 5% decline. I have no idea if the SPX is merely consolidating above …
Continue readingEvent: Tesla (TSLA) reports Q3 results tonight after the close. The options market is implying about a 6% one day post earnings move, which is essentially in line with their 4 qtr average one day …
Continue readingRegular readers of RiskReversal, viewers of CNBC’s Fast Money & Options Action and my followers on Twitter are likely familiar with two of my adamant leanings in 2016, one having to do with the election and …
Continue readingFor the purposes of this post I am not going to debate the merits of a Twitter (TWTR) takeover, or the validity of the frenzy of reporting over the last couple weeks that first caused a …
Continue readingLast night, Microsoft (MSFT) announced that they will be replacing their existing $40 billion share repurchase agreement (that should be completed this year) by another $40 billion buyback plan. While that is a dazzling headline, …
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