We’ve had some success on this selloff on short biased trades we placed that looked to take advantage of a year end rally and then a selloff in early 2015. However, before the year end …
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Earlier, in our Notable Options post, I highlighted what looked like a bearish roll in puts in Coca-Cola (KO): KO – Yesterday when the stock was $41.13 around noon it looked like a trader rolled …
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SodaStream is a controversial stock that we have followed closely in the past year. In fact, we actually had a profitable trade in SODA in the spring on the long side, though we quickly exited …
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Event: PEP reports its Q3 earnings tomorrow morning before the open. The options market is implying about a 2% one day move, which is slightly above both the 4 qtr avg of about 1.75%, and …
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GMCR announced last night that Coca-Cola was taking a 10% stake in the company. That’s the first major move by either Coke or Pepsi in the single-serve soft drinks arena. Interestingly, KO’s stake in GMCR …
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1. BAC – stock broke out to a new 52 week high today, now up almost 13% from the Nov 7th lows of this month. The most active options line was the Jan 15 calls …
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CSCO – stock got drilled today, down nearly 11% on what amounted to disastrous revenue guidance for the current quarter, below the 4% yoy consensus for growth to down 8-10%. Options activity was …
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BAC – A trader sold 125,000 Jan2015 $17 calls at .79 to close, vs the trader buying 4,125,000 shares for 14.45. Open interest in the strike is 194,000. EWJ – The Japanese ETF saw …
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INTC – saw heavy call activity today as it appeared there closing buyers of upside calls. These could have been long holders who had overwritten the stock. Shortly after 11am, a trader bought …
Continue readingHere is a summary of what I will be discussing tonight on Options Action on CNBC at 5:30pm: We’ve expressed our dislike for the consumer staples sector on numerous occasions in the past 3 months. …
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