Here is some generally directional, untied options activity that caught my eye during Wednesdays trading: 1. AIG – saw a very large bullish roll when the stock was $55.28 a trader sold to close 43,000 Jan16 …
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Chinese internet stocks in 2014 have been a story of have and have nots. Some of the early chortals like SINA and SOHU have woefully underperformed the broad market and many of their peers in …
Continue readingThis morning I took readers on a walk down memory lane describing how people in the late 1990s got onto the world wide web, through portals with names like AOL.com, Excite.com, Lycos.com and Yahoo.com (read …
Continue readingBubble talk was sooooo Spring 2014. Remember when it felt like the sky was falling in social media, Chinese internet, cloud, web security and 3D stocks?? Well, rest assured many stocks and sectors have found their way back to …
Continue readingHere is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was June 9th – June 13th:
Continue readingHeading into SINA’s Q1 earnings print last month we thought the risk/reward playing for a bounce inline with the implied move looked attractive given the stock’s oversold nature given its prior negative pre-announcement. Well the …
Continue readingToday’s low volume drift higher to another new all time high in the SPX is exhibit A why long short traders should always adhere to the market saying “Never Short a Dull Market”. Here are …
Continue readingSINA recently reported their fiscal 2014 q1 earnings and the stock saw some heavy selling the following day. On Friday, the stock rebounded nicely and isn’t far from where it was before the report. We …
Continue readingSINA, the Chinese internet company is scheduled to report Q1 earnings tonight after the close. The options market is implying a one day move of about 6.5%, which is basically in line with the 4 …
Continue readingAs I write at 9am most European indices are up small except the DAX and the FTSE which are down about 50 bps, but up at least 1% off of their morning lows…..The Euro is up vs …
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