On Friday we rolled a mildly profitable long premium bearish view on Qualcomm (QCOM) from April 22nd weekly expiration (this Friday) to May expiration (here). Here was the new trade idea from Friday afternoon: TRADE: QCOM ($51.60) …
Continue readingPC
Intel (INTC) reported Q1 results and forward guidance last night after the close. While the Q1 results hit the previously lowered estimates, Q2 sales were guided to $13 to $14 billion, below the consensus of …
Continue reading
Event: Intel (INTC) reports Q1 earnings tonight after the close. The options market is implying about a 4% one day post earnings move tomorrow, which is inline with the 4 qtr avg one day move, and …
Continue reading
Shares of Intel (INTC) are down 15% on the year and down about 17.5% from its 52 week high made in the last week of 2015. The stock declined 9% on January 15th following their …
Continue reading
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 …
Continue reading
On Wednesday we previewed Intel’s (INTC) Q4 earnings. Here were some of our thoughts: While management will go out of their way to highlight future diversification from PC chips, in Q3 their were few segments …
Continue reading
Event: Intel (INTC) reports their Q4 results tomorrow after the close. The options market is implying about a 4.5% one day move which is rich to the 4 qtr average one day post earnings move …
Continue reading
Black Friday is on like Donkey Kong. I find the early reports of holiday selling season winners fascinating, the proclamations seem to come earlier and earlier each year, just as the Black Friday deals have (now …
Continue reading
Event: Microsoft (MSFT) reports fiscal Q1 results tonight after the close. The options market is implying about a 4.5% one day move, which is shy of its 4 qtr average of about 6.5%, but in …
Continue reading
Publicly trade tech companies (specifically those in the beleaguered PC supply chain) are in the midst merger frenzy. There were two deals announced this morning for a combined $30 billion. In the semi-equipment space, Lam …
Continue reading