As the rally from the February lows started to get a little long in the tooth we tried to be patient in targeting sectors for a pullback from the recent highs, as they seemed to …
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The rally in the S&P 500 (SPX) from last month’s lows near 1800 to today at 2000 was initially powered by some of the most loved and most prominently weighted in the index. But of …
Continue readingIf the last 20 years have taught investors anything, it’s that economic and market shocks are very unlikely to remain contained to their region of origin. For better or worse the global economy is an intricate …
Continue readingHere is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. AMAT – the stock had its largest volume day in more than ten years as the stock declined 8.5% …
Continue readingThe continuation of the sell off in Biotech and large Pharma stocks could not have come at worse time for most investors, a week before what had otherwise been a stellar year for the sector. Here …
Continue readingHere is some untied, generally directional options activity that caught my eye during Monday’s trading: 1. RSX – when the Russia Vectors Equity etf was 15.94, five minutes prior to the close there was a …
Continue readingHere is some untied, generally directional options activity that caught my eye during Friday’s trading: 1. MS – Continues to see out of the money put buyers, short dated for generally low premium. Last week …
Continue readingHere is some untied, generally directional options activity that caught my eye during Thursday’s trading: 1. BABA – when the stock was 110.10, a trader paid 3.83 for 20,000 of the March 120/140 call spread to open vs …
Continue readingHere is some untied, generally directional options activity that caught my eye during Wednesday’s trading: 1. VIX – December expiration in the VIX was 24.09 on yesterday’s open, up 65% from the November settlement of …
Continue readingHere is some untied, generally directional options activity that caught my eye during Tuesday’s trading: 1. SPY – options volumes exploded yesterday, with total volume 1.7x the week average. Puts outnumbered calls by 1 million …
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