Here is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. PFE – total options volume ran more than 2x average daily with calls outnumbering puts almost 3 to 1. …
Continue readingIra Sohn
MON is breaking out to a new 5 year high on strong volume today: The stock has been particularly strong since May 5th, when Larry Robbins of Glenview Capital announced MON as his top long …
Continue readingWe discussed the bear case for financials in a Name That Trade post on Monday, included below. In short, lower rates generally correlate with lower banking stocks, and that is starting to play out in …
Continue readingOur earnings recap of the banks last month indicated a difficult overall landscape for the sector. On a sector level, the mortgage business was the particular sore spot, and the fixed income business was broadly weak …
Continue readingHerbalife has dominated the headlines in the past 24 hours after Bill Ackman disclosed that he was short HLF, and that it was one of the best short opportunities he had seen in years (he …
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