Just as I was starting in this business in early 1997, not knowing shit about shit, I heard rumblings from some of the traders about some whacky stuff going on in Asian currency markets that …
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To say that market participants are nervous at the moment is a bit of an understatement. Most investors probably can’t even remember the last time the S&P 500 (SPX) was down 9% and the Nasdaq …
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Event: Google (GOOGL) reports Q4 results tonight after the close. The options market is implying about 6.5% one day move vs the 4 qtr average one day move of 7.4% and the 10 year average …
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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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Event: Apple (AAPL) reports fiscal Q1 results tonight after the close. The options market is implying about a 6.25% one day move, which is basically inline with the implied move prior to their Q4 report in late …
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Event: Netflix reports Q4 results tonight after the close. The options market is implying about a 14% one day move, which is shy of the 15.5% 4 qtr average move, and rich to the 10 year …
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On November 7th, 2007, Cisco Systems (CSCO) had just broken out above massive technical resistance, recovering some very important ground from the aftermath of the dotcom collapse that saw its stock decline from the low …
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Apple (AAPL) shares are down about 17% since Nov 10th. That was the day the stock had its largest one day gap lower since late August on a brokerage report from Credit Suisse suggesting that …
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In the wake of Green Mountain’s takeout at a 75% premium, last night on CNBC’s Fast Money we were asked to throw out a few names of stocks where the price action has been so …
Continue readingThe largest trade (so far) in the options market today is (what appears to be) a fairly massive bearish put spread bought in the iShares Russell 2000 etf, the IWM: When the etf was $119.10, …
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