Oracle (ORCL) reports their fiscal Q2 results tomorrow after the close. The options market is implying about a 5% one day move in either direction (the Dec 41 straddle is offered at ~$2, or about …
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As “options guys” we get a lot of questions about unusual, large or just generally interesting options activity. I rarely make trading decisions based on said activity, but I don’t feel uncomfortable explaining and commenting …
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To look at Oracle’s year-to-date performance, one might think the stock has been a huge laggard among large cap tech, up only 7.25% on the year, and down 5% from the 52 week highs made …
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On more than one occasion of late, we have highlighted CSCO’s inability to keep pace with some of its mega-cap peers like INTC, MSFT and ORCL, all which have made new 14 year highs in the …
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Event: NKE reports its fiscal Q4 earnings tomorrow after the close. The options market is implying about a 4% one day move, which is below the four-quarter average of about 3.25% but above the eight-quarter average of …
Continue readingEvent: MU reports its fiscal Q3 earnings on Monday after the close. The options market is implying about a 7.5% one day move, which is in line with the four-quarter average of about 7.75% and the …
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Back in early April, following what were less than stellar fiscal Q3 results, I made a bearish trade on ORCL when the stock was $40 (here) predicated on sluggish growth, ok valuation and positive sentiment …
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Event: ORCL reports its fiscal Q4 earnings on tomorrow after the close. The options market is implying about a 3.75% one day move, which is in line with the four-quarter average of about 3.8% and the …
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Event: FDX reports its fiscal Q4 earnings tomorrow morning prior to the open. The options market is implying about a 2.75% one day move, which is above the 4 qtr avg of about 1.75% and in …
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In early May we made the case for a bearish trade in CRM (at about the same level as it is now) largely based on what we felt was a poor technical set up and …
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