Event: Microsoft (MSFT) reports fiscal Q2 results tonight after the close. The options market is implying about a 5.75% one day move, which is essentially in line with its 4 qtr average one day move of …
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It was a pretty volatile week for most risk assets the world over. At one point here in the U.S. and Europe on Wednesday it felt as though we were nearing a crash. Things have …
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I am not sure about you, but when trying to arrive at an oversold condition in a single stock, I often look for prior support, or a technical level that sticks out like a sore thumb. …
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Over the past month, leading up to this morning’s ECB meeting and the FOMC’s December 16th meeting we have taken a look at the U.S. dollar on a couple of occasions. First vs the Euro (here on …
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Event: Salesforce.com (CRM) reports Q3 results tonight after the close. The options market is implying about a 8.5% one day move, which is rich to the 4 qtr average move of 5.5% and the 10 …
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On Friday’s Options Action on CNBC I detailed a bullish trade idea in Macy’s (M) and described a position hedge for long holders of Facebook (FB) into next week’s Q3 earnings. Cornerstone Research’s Carter worth gave his technical …
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Shares of MSFT are up an astounding 11% today, breaking out to new 15 year highs. The chart now shows little overhead resistance until its prior all time high just below $60 back in 1999: …
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Event: Microsoft (MSFT) reports fiscal Q1 results tonight after the close. The options market is implying about a 4.5% one day move, which is shy of its 4 qtr average of about 6.5%, but in …
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On Friday’s Options Action on CNBC I detailed a bearish trade idea on the Industrial Select etf, the XLI, and offered up a portfolio hedge, or a trade structure that could be an outright bearish bet in …
Continue readingYesterday, cloud computing vendor Workday (WDAY) held an analyst meeting, and the stock’s 5% decline today reflects investors disappointment. Let’s first get a sense for where the stock is and where it has been and …
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