On Friday we highlighted JPM’s failed technical breakout at the prior highs, how cheap options were in the stock for those looking to make a directional play and the potential for volatility in the coming …
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JPM held their annual analyst meeting last week and while the street generally walked away satisfied with the commentary, headwinds to the sector and JPM specifically remain. Bernstein Research analyst John McDonald had a very …
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Below is our list of the most interesting untied stock, etf and index options activity on the day: 1. INTC – a trader sold 25,000 Jan 15 30/32 call spreads at .21 to close. 2. COH …
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Macro themes continued to dominate the options flow, but there was an interesting seller of premium, likely a large holder looking to add yield to existing longs. Below is our list of the most interesting …
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Financials got off to a strong start in 2014, but after yesterday’s decline and today’s tepid bounce, XLF is actually negative now for 2014. Earnings season for the sector kicked off today with JPM and …
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Event: BAC reports its fiscal Q4 earnings tomorrow on Wednesday, January 15th before the open. The options market is implying about a 3.5% one day move, which is in line with the 4 qtr avg …
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1) AA – prior to last week’s disappointing Q4 results, the stock was trading at the highest levels in almost two years. Today a trader rolled calls up and out by selling 45,000 Jan 10 calls …
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Event: JPM reports its fiscal Q4 earnings on Tuesday, January 14th before the open. The options market is implying about a 2.5% one day move, which is above both the 4 qtr avg of only …
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In a repeat of last week, there was some longer dated upside call buying in the VIX as traders either view VIX calls as a cheap hedge against longs or they think that the first …
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Broadcom has been a very dramatic under-performer vs the SOX and the broad market in 2013, down 16.5% vs INTC up nearly 21%, the SOX and the Nasdaq up nearly 35% each. The company is …
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