Friday’s tragic events in Paris punctuated what has been a very bloody couple of weeks at the hands of ISIS. First on October 30th with the downing of a Russian commercial flight from Egypt, killing all 224 people …
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NYU Stern School Professor Scott Galloway‘s presentation (The Four Horsemen: Amazon/Apple/Facebook & Google–Who Wins/Loses) at the recent DLD15 conference is getting a lot play in the financial press this week. Not just because of his brilliant delivery but …
Continue readingOn Monday I initiated a bearish position on YUM (below) suggesting that their analyst day could serve as a negative catalyst for the shares given the stock’s recent 20% bounce off of the Oct lows, …
Continue readingThis Thursday Yum Brands (YUM) is holding their annual analyst day in NYC. Given McDonald’s (MCD) disappointing global sales (including Asia) where YUM gets more than half of their sales, I could see YUM giving …
Continue readingThe most exciting trading was primarily in earnings stocks. 1. CTRX – Citrix Systems, 10 times average option volume. Calls to puts 4.4:1. IV30 was up almost 10 points. Earnings after the bell today. Looks …
Continue readingOn a day when the VIX was up more than 10%, a lot of single stock call trading continued. ORCL – Someone rolled their short Dec 33 calls out to the June 35 calls, paying …
Continue readingNTAP $41.38 -Company reports their fiscal Q1 tonight after the close. -options market is currently implying about a 9.5% move (this has moved up in the last few days) vs the average move of about …
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