Event: Tesla (TSLA) reports Q3 results tomorrow after the close. The options market is implying about a 8% one day move which is rich to the 4 qtr avg of about 5.25% and the long …
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The nearly 19% drop today in shares of Micron (MU) is staggering. Especially for a stock that came into the trading session down 30% from its 52 week highs, and is now down 45% on the …
Continue readingEvent: Nike (NKE) reports their fiscal Q4 results tonight after the close. The options market is implying about a 3.5% one day move which is shy of the 4 qtr avg of about 4.5% (its …
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Video game maker TakeTwo (TTWO) reports fiscal Q4 results Monday after the close. The options market is implying a 7% one day move which is inline with the 4 qtr avg move. The stock caught …
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Shares of Facebook (FB) have been stuck between $74 and $82 for the better part of the last six months and importantly have not confirmed a new high in the S&P 500 since late last …
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Well, this is a mistake we make only occasionally but it hurts pretty bad when we do. That is, getting the story right in a stock yet picking the wrong structure to play it. It …
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A few weeks ago we initiated a trade in WYNN that had very little delta exposure, but looked play for a near term consolidation through December expiration around $180, but looked to set up to own …
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Mobileye (MBLY) is one of the most successful IPOs of 2014, gaining 84% since its July 31st offering. The stock now sports a market cap of almost $10 billion. There is no doubt about it, the …
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Shares of Wynn Resorts (WYNN) went from a massive outperformer in the first qtr of 2014 (up 30% on the year at one point) to its current “left for dead in a raging bull market” …
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In mid July Google reported Q2 results that exceeded most estimates showing strong revenue growth of 27% year over year, its largest quarterly gain in almost 3 years as the company saw a greater than …
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