Small caps and China have been weak in the past few days, and options volumes on Friday reflected those concerns among traders. 1. IWM – Buyer of 50k of the Oct18th 111 puts for 1.06 midday. Separately, …
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Our put butterfly in IWM expires today on the close. It has been a wild ride this week, with the trade flirting with a loss on several occasions, including this morning. However, today’s reversal has …
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The Russell 2000 is at a critical technical support area this morning. IWM is trading near its 50, 100, and 200 day ma’s, which are all in the $114-$114.75 area: A break below here would …
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COST officially broke out today but the signs were there for the past week and a half. This is a trade that we managed badly and I want to go over how we should have …
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In a Chart of the Day post from earlier (below), Enis detailed the re-emergence of the divergence between large and small cap stocks. The inability of the Russell 2000 (we’ll use the IWM) to keep pace …
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Today is the second straight day that the Russell 2000 is underperforming the S&P 500 by more than 0.5%. The weakness in the Russell has been a feature of the market ever since many high …
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Options volumes very light among single stocks, with traders increasingly focused on protection, evidenced by the elevated CBOE composite put/call ratio for the third straight session (closed at 1.19 yesterday). 1. SPY – While volumes in …
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Puts were much more active than calls on Friday, as options traders became much more interested in hedging after Thursday’s 2% decline. The CBOE composite put/call ratio closed at its highest level since October: Here …
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It’s not lost on most Americans that June 6th, 1944 was a day that changed the course of history. Today on the 70th anniversary of D-Day, C.C. and I, sons of U.S. Army veterans (C.C. …
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Put options in the main macro ETFs were quite active, swamping volumes of single name options. Stock volumes in the market were their highest in the past month, on the largest daily decline for the …
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