Following last week’s better than expected Q4 results from FB, and the stock’s subsequent 14% one day surge to new highs, we wanted to offer an alternative structure to those inclined to be long TWTR …
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Casino stocks had a rough opening on the heals of January sales in Macau that were well short of analysts expectations on a year or year basis, per Bloomberg: Feb. 5 (Bloomberg) — Macau casino …
Continue readingNew Media stocks are partying like it’s 1999 to steal the phrase. IN the last few weeks, the standouts in Q4 earnings have come from the likes of FB, GOOG and NFLX, pushing all three …
Continue readingEarlier we detailed our thought process for our profitable bearish position heading into tonight’s earnings release (see below). With the stock down almost 10% from the highs earlier this month, and our put fly worth …
Continue readingOver a month ago we made a bearish bet on CMG, that we’ve adjusted since. To recap, we started with a put calendar, let the front month expire worthless, then when the stock sold off, …
Continue readingGoing into earnings we placed a trade on AAPL (below) that looked to finance a mildly bullish bet over the next few months by selling the earnings week options, basically betting on a small move on …
Continue readingEarlier today we offered our fiscal Q1 Earnings Preview for AAPL (below), and on Friday introduced the earnings trade that we felt most convicted on (here). Aside from the call calendar, we wanted to offer …
Continue readingEarlier today we closed a winning bullish trade that was positioning for some sort of activist interest after a disappointing quarter and guide (see our commentary below). Now with both out of the way, we …
Continue readingOver a month ago I wanted to make a bearish bet on CMG, but finance the purchase of longer dated calls by selling shorter dated calls of the same strike. With the short (shorter dated) …
Continue readingYesterday an interesting options trade went up in stock that we don’t usually see interesting options flow in, Rackspace (RAX). RAX is a $5 billion market cap web hosting company, oh and yes you can …
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