Leader of the U.K. Independence Party and guy who led the charge for the Leave vote, Nigel Farage, took his Muppet Show on the road to EU headquarters in Brussels yesterday. Farage agreed to an …
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Event: Tonight after the close, Rackspace Hosting (RAX) reports their Q1 results. The options market is implying about a 14% one day move tomorrow, which is rich to their one day average moving following their …
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Last week in this space we highlighted some short and long dated put buying in the financial select etf, XLF, (Chart of the Day – $XLF: Bank Teller?) in front of 50% of the etf’s …
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On February 4, 1997 I started working at a hedge fund as an assistant trader charged with supporting equity and options traders (think getting lots of coffee and tedious lunch orders). Back then most news …
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MorningWord 11/13/13: Been a lot of bubble talk of late, obviously the stock market and the effects of QE have been at the forefront, but in a week that saw the most paid for a …
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MorningWord 9/26/13: Tuesday’s close in JPM, below its 200 day moving average for the first time since August 2012, was nothing short of ugly. On that selloff, Enis made the case that despite the mounting …
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MorningWord 7/23/13: Boeing reports Q2 earnings before the open tomorrow morning. The options market is implying a ~2.77% move, which is rich to the 4 qtr avg of ~1.8% and the 8 qtr avg of …
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Marketwatch U.S. stock-index futures traded mostly lower Monday, with little fresh economic data in the immediate pipeline as investors await potential action by the European Central Bank and possible signals of more stimulus to come …
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WSJ The euro fell against the dollar and the yen as worries about Spain and poor euro-zone activity data weighed on the common currency. The single currency sank around a cent against the dollar to …
Continue readingTrade Update May 17th, 2012 at 10:45am: Since buying this May 129/125/121 Put Fly for .56 about a month ago, the FXE is down about 3%. For a currency that is a decent sized move. Now with about …
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