Yesterday in his weekly technical analysis note to Oppenheimer clients, my Options Action and Fast Money friend Carter Worth had a great write up on just how extended he thinks small cap stocks have become …
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On the lowest volume day in the SPY since May 6th, most option volume was concentrated in ETFs. GDX – Large buyer of the GDX Aug 24 puts, paying 1.25 average price for over 110k throughout …
Continue readingFor those that missed our Webinar on AAPL’s earnings here’s a link to the recorded version: https://attendee.gotowebinar.com/recording/4615196009414955008 MorningWord 4/23/13: The SPX continues to thumb its nose at the rest of the investment world. Last …
Continue readingIt seems like everyone and their mother is trying to pick the exact spot where AAPL is going to bottom. Obviously this is a bit of a fools errand (see my comments on my own bottom …
Continue readingReminder: Enis and I will be Hosting a Free Webinar on Monday April 22nd at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate 2 options trade structures that we are considering to play the event. …
Continue readingReminder: Enis and I will be Hosting a Free Webinar on Monday April 22nd at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate 2 options trade structures that we are considering to play the …
Continue readingMorningWord 4/17/13: As Enis very aptly discussed this morning in his MacroWrap, realized volatility is starting to pick up a tad after one of the longest most benign periods of movement in the SPX in …
Continue readingEEM – options were extremely active today topping the most actives list with the largest trade being the sale of 111k of the March 43 Puts at .06 to close, vs buying 215k of the …
Continue readingThe market opened higher on Italian election results until it turned out Berlusconi still had a chance. The S&P 500 hovered around 1500 until it broke it and broke hard. 1) SPY – taking up …
Continue readingPrecious metals under severe selling pressure again, but some interesting upside bets in the miners right near the close, essentially someone buying lottery tickets. Funny strike selection though, as I’d rather just buy fewer contracts …
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