Back in early September, TV host extraordinaire, Regis Philbin called into CNBC’s Fast Money to discuss his investment in MU that he bought in early 2013 in the high single digits and suggested the stock …
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Macro ETF’s dominated options volume given the FOMC announcement yesterday. The VIX closed down 15%, and the SPY ETF actually traded its highest single day volume since June (and one of the highest in 2013). …
Continue readingBack in May, we highlighted the persistence of high short-interest in some of the big year-to-date-winners. Dan posted commentary with the title, “Concentrated Longs with High Short Interest are a Trader’s Dream” which highlighted TSLA, …
Continue readingThe Nasdaq 100 index made a new multiy-year high this week, cleanly breaking above the 3,150 level on Monday. The index only traded at these levels during the go-go days of 2000: Of course, the …
Continue readingCalls a good bit more active, as CBOE Put/Call Ratio fell to 0.78 today. FB – The stock almost touched its IPO level of $38, making it to 37.96 in the afternoon. Call to put ratio …
Continue readingTrade Update July 10th, 2013 at (;31am: With MU below $13 in quick fashion over the last 2 days, I am going to take the small profit on this trade and move on after originally …
Continue readingA couple weeks ago I wanted to make a defined risk short term play that MU had gotten a tad ahead of its fundamentals with the stock up more than 50% in less than 2 …
Continue readingAt one point yesterday, MU shares were up 50% since the beginning of May breaking out to levels not seen since late 2006, as Wall Street analysts and investors have gotten increasingly excited about the …
Continue readingTech dominated single stock options volumes today. VIX – Heavy June option volume ahead of VIX expiry tomorrow morning, with the June 17 call trading almost 100k. VIX spot held up better than expected given the …
Continue readingTech dominated volumes today, with CSCO leading the way after a big beat. CSCO – May calls dominated volumes, with the weekly 24 strike call the most active single stock option in the market today, average …
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