MorningWord 8/23/13: A story in the New York Times caught my eye yesterday about Blackberry. The author does not attempt to debate the merits of a future potential LBO, or any interest from strategic buyers …
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Trade Update March 15, 2012 at 10:15am: Since initiating this calendar spread about a month ago BBRY has been all over the place, as low as 12.50, and as high as 16 just yesterday morning. Now with the stock …
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Research in Motion, ahem, I mean Blackberry, has been a trader’s paradise over the past 5 months. The stock resurrected from the dead, moving from around $6.50 in September all the way to above $18 …
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The most exciting trading was primarily in earnings stocks. 1. CTRX – Citrix Systems, 10 times average option volume. Calls to puts 4.4:1. IV30 was up almost 10 points. Earnings after the bell today. Looks …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:10 and 3:20 pm EST on CNBC: Has AAPL finally bottomed, at $435 yesterday? I presented a couple charts on Friday arguing …
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Names that report this week were generally the most active. FB – Call to put ratio was over 3 to 1 today ahead of its earnings report on Jan 30th. The weekly 34 calls, weekly 36 …
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MorningWord 12/24/12: First and foremost, all of us at RiskReversal want to wish you and your families a very Happy Holidays. Enis, CC, Kristen and I will all be traveling to see family over the next week …
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Here is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm. My esteemed colleague and your resident Bear, Enis Taner, collaborated with me on the idea. Amazon.com is a …
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MorningWord 12/21/12: Last night saw a bit more action than most would have expected for the second to last Thursday of 2012. Earnings from the likes of NKE and RIMM have those stocks moving, and …
Continue readingTrade Update Dec 20th, 2012: With RIMM up 16% in the 2 weeks since I initiated the Dec weekly 11.50 / Dec regular 12 Put Calendar*, my trade has lost two thirds of its value. The …
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