Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. QQQ – the Nasdaq 100 etf saw a large bearish roll when the etf was $105, a trader sold 50,000 of the Mat …
Continue readingQCOM
Last week QCOM announced a “Major Increase in Capital Return Program“: Available Stock Repurchase Authorization Now $15 Billion Annualized Dividend Increased 14% to $1.92 per Share Plans to Repurchase $10 Billion in Stock within Approximately …
Continue readingHere is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. ORCL – options volume ran nearly 10x average daily volume, with much of the activity coming in one large …
Continue readingHere is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. QQQ – on a day that saw the Nasdaq Composite close above 5000 for the first time since March …
Continue readingA couple weeks ago we made a defined risk trade that MSFT would follow a few other large cap tech stocks in an effort to fill in their lower earnings gaps as broad market sentiment improved. …
Continue readingA couple weeks ago we made a bullish trade in MSFT targeting what we feel was the potential for the stock to fill in its earnings gap from late January. To refresh, here was the trade: …
Continue readingAt the onset of earnings season we saw a handful of gaps lower in stocks that reported results below expectations. There were few that were as pronounced as the 9.25% one day decline by MSFT …
Continue readingQualcomm (QCOM) is trading down about 3% in the pre-market on headlines that Samsung will be replacing a QCOM chip in their high-end Galaxy S phone, per Bloomberg: *SAMSUNG SAID TO DROP QUALCOMM CHIP FROM …
Continue readingInteresting read on the WSJ.com last night titled “Hedge Funds Take Cautious Line on Stocks” suggesting that a sharp decline in the use of leverage by large hedge funds, coupled with their under-performance in 2014 are …
Continue readingA few weeks ago we initiated a bullish structure in QCOM (below) after it looked like it had held recent lows and a lot of the bad news was in the stock at $70. We …
Continue reading