On Friday as prior to BAC’s late day collapse, I suggested selling out of the APR Puts that were to expire in a few hours into a May 13/12 Put Spread, which I did for .25 when the stock was above 13.00.
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Last Thursday I suggested taking a bearish shot into Citi’s earnings by Buying the C Apr21 weekly 4.5 Puts for .13…..well the earnings were out this morning and the stock is up (not really sure …
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–Citigroup (stock 4.44) reports earnings Monday morning pre-open. -Implied move about 4% vs the avg move over the last 8 qtrs of about 5.25%. -Based on JPM‘s report, I think safe to assume that you …
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UPDATE April 14, 2011: JPM reported Q1 results yesterday morning and while wall street analysts generally seemed pleased (most raising numbers and price targets on the back of strong investment banking results and decent trading), …
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EVENT: JPM reports Q1 earnings on Apr 13 before the open, options market currently implying about a 3.25% move vs avg over the last 4 qtrs of ~2%. So in some ways the move looks …
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