PM – RiskReversal

Big Printin’ – S&P Biotech (XBI)

September 19, 2016 by Dan • Big Printin'

By now we probably sound like a broken record when it comes to unusual options activity. But for the post I am going to write, our usual disclaimer makes a ton of sense: without intimate …

Name That Trade – $IBM: You’re My Boy Blue

April 20, 2015 by Dan • Commentary

Event: IBM reports their Q1 results after the close. The options market is implying about a 3.7% one day move, which is a bit high of the 4 qtr average move of about 3.4%.

Name That Trade – $TWTR: Bird Watching

April 2, 2015 by Dan • Commentary

We have traded Twitter well over the last year, with a few instances getting long, or replicating long exposure in the highs $30s and selling in the high $40s/low $50s (read recap and thesis (here, here and here). Shortly after …

In Between Days: Eurotrashed

October 20, 2011 by CC • Commentary

Reuters Plans to tackle the euro zone debt crisis have stalled with Paris and Berlin at odds over how to increase the firepower of the region’s bailout fund, French President Nicolas Sarkozy said on Wednesday. …