Some traders I know look at the 1 year AAPL chart and they see nothing other than a long term bottom forming with the price action this past spring and summer amounting to a double …
Continue readingNew Year
MorningWord 12/17/13: As we head into year end there is always the talk about exactly what stocks portfolio managers at large mutual funds and hedge funds are willing to keep on their books. What they …
Continue reading
Here are some of the large options trades that caught our attention today: 1. SPY – there was a buyer of the Feb 170/162 Put Spread 35,000x paying .85, trade breaks-even down at 169.15 …
Continue reading
Here are some of the large options trades that caught our attention today: 1. FB – A trader closed a ratio call spread in January, sold 26K Jan 45calls at 5.60 to buy 40K Jan …
Continue reading
We liked the possibility of upside in 2 stocks, GM and TWTR (these stocks have nothing to do with eachother) and placed a similar structure on both as a play that the new year would …
Continue reading
1. ORCL – Stock traded at 6 month highs this morning, just a couple weeks away from their estimated fiscal Q2 earnings on Dec 18th. A trader bought 15,000 of the Dec 34 puts …
Continue reading
With the markets generally sanguine about the potential outcome of the “fiscal cliff” negotiations in Washington, my thought is too take the other side of the general near term complacency as we head into the …
Continue reading
The SPX index is up about 1.25% in the last week. Yet, VIX futures are close to unchanged in that time (and VIX spot is actually slightly higher). That’s rare price action, especially with the …
Continue reading
Had a few questions about Akamai. Here’s some info. With AKAM at $34.50 Options showing about 11.5% implied move vs the 4 qtr avg move of about 16%. The chart reminds me very much of …
Continue reading
Listen, I won’t let me young daughters get near an Abercrombie & Fitch shop, not cause I don’t dig cargo pants and hoodies but because their advertisements are likely to open a whole can of …
Continue reading