Here is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. LL – rallied sharply mid-day Monday on what smelled like BS rumors that Carl Icahn was looking at the company. By the end …
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In case you missed it, Lumber Liquidators (LL) was featured in a VERY negative light on last night’s 60 Minutes program on CBS, with not only short sellers suggesting massive fraud by the company, but …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. JPM – total options volume ran 1.5x avg daily volume with calls dominating, making up 85% of the days volume. …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. DIS – The stock continues to make new all time highs, closing yesterday at a new one, now up …
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Back on July 28th we looked to finance a bearish trade on Masco, selling shorter dated puts to buy longer dated ones to express a view that housing suppliers would follow many of the builders …
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At the end of July we bought a put calendar in MAS with the idea that we could fade the earnings move (earnings were the evening of the trade) and play for the consolidation that would occur …
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Event: Tonight after the close, Masco (MAS) reports their Q2 results. The options market is implying about a 6% one day move, which is a bit higher than the 4 qtr avg of a little …
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It seems that for every day that the SPX makes a new all time high, a new potentially significant divergence emerges. Gains in the Housing market, long thought to be a pillar of the recovery, …
Continue readingLumber Liquidators (LL) is a retailer that gets 100% of its sales from the U.S. The company sells hardwood floors for home-building, and refurbishment is having a SALE, if you couldn’t tell by the company’s …
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