Event: LULU reports its fiscal Q3 earnings on Thursday, December 12th before the market open. The options market is implying about a 7% one day move, which is slightly below the 4 quarter average of …
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LULU is actually down about 10% in 2013, quite a change in behavior compared to the stock’s soaring gains from 2010 to 2012. The stock was initiated as a New Overweight at JPM on Wednesday …
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MorningWord 6/26/13: Well there you have it people, Gold is going lower. And just when you thought there were no sellers left. I often get asked my opinion on Gold and in a very unsophisticated …
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Trade Update June 25th, 2013: The original thesis on LULU was that the 65-75 range was an appealing area to play for, mainly based on the attractive risk/reward on the July 65/70/75 butterfly (risk 1.10 …
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We like to consider ourselves opportunistic traders. We’re willing to trade in either direction, long or short options, if the risk/reward is right and the pieces of the puzzle fit. So when it comes to …
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Event: LULU reports fiscal Q1 earnings this afternoon after the close. The options market is implying ~7% move which is a tad shy of the 4 qtr avg move of ~7.75%. Sentiment: Wall Street analysts are fairly …
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MorningWord 6/10/13: If you are in the financial punditry biz and or a active market participant (I consider myself kind of both), there is nothing like scooping Barron’s. Late last week I laid out a …
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MorningWord 3/22/13: Some of you are probably reading this post on your trusty old RIMM phone with a QWERTY keyboard as you are waiting in line outside a VZ or an AT&T store for today’s …
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MorningWord 3/21/13: Years ago I worked for a guy who had a little saying about stocks or indices that were near some sort of numerical or technical milestone. It went something like this, “it …
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MorningWord 3/20/13: On the heels of LULU’s earnings warning Monday evening and subsequent stock decline yesterday, we had a quick little discussion on the Fast Money desk last eve about some prior market leaders losing …
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