Event: Tonight after the close, Rackspace Hosting (RAX) reports their Q1 results. The options market is implying about a 14% one day move tomorrow, which is rich to their one day average moving following their …
Continue readingRAX
Since posting the the Considering Our Options post just a bit ago stating our intention to close the RAX March 40/50 Call Spread for a gain prior to the stock’s Q4 report after the close, …
Continue readingA little less than a month ago we made a defined risk bullish play on RAX (below) when the stock was about 7% lower than current levels. The company is set to report their Q4 …
Continue reading1. BBRY – the stock continues to avoid its inevitable demise, now trading up some 57% from the December lows. One trader sees the $6 level as a sort of line in the sand and …
Continue readingYesterday an interesting options trade went up in stock that we don’t usually see interesting options flow in, Rackspace (RAX). RAX is a $5 billion market cap web hosting company, oh and yes you can …
Continue reading1. EEM – huge roll in puts, out and down. A trader sold 242,000 Jan 41 Puts to close at .92 & bought 242,000 Feb 40 Puts for 1.00 to open. This is a very similar size …
Continue readingEvent: PCLN report their Q1 earnings TONIGHT after the close. The options market is implying about a 6.1%* (last quarter the implied move was a~7.25% and the stock move was only ~1.5%). The 4qtr average has …
Continue readingThis a quick run-through of some high volatility names reporting after tonight’s close. We don’t have any positions on the following names, and don’t plan on trading them, but we wanted to offer a cheat …
Continue reading