Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. SMH – the Philadelphia Semiconductor Index (SOX) absolutely got smoked yesterday, closing down 4.6%, blasting through the breakout level …
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Almost a month ago we made a bearish trade in Micron (MU) expressing the view that the stock’s under-performance vs its peers was troubling for a prior market leader in the face of new highs in …
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Here is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. SPY – the S&P 500 closed at a new all time high today, and despite total options volume running …
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A couple weeks ago we placed a bearish trade in MU on the heels of some very bearish options flow into the SMH and what we felt was waning momentum and poor technicals in MU, …
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This morning in my Notable Options post, I highlighted some pretty heavy put activity in the Market Vectors Semiconductor etf (SMH): SMH – saw bearish flow, when the Semiconductor etf was $55.64, a trader paid …
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The devastation in semiconductor stocks on Friday into Monday was fairly staggering with the Philadelphia Semi Index (SOX) having declined 16% from the mid-September multi-year highs to yesterday’s close at the nice round number of …
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The energy sector was the most active for the second straight day, as XLE bounced back after its heavy selling on Tuesday. Outside of energy, options volumes were lighter than the average over the past …
Continue readingSo I’m hearing a lot of chatter today about the new breakout in SMH, which is already up more than 20% so far in 2013. Here is the 1 year chart: A few things I …
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Lighter than normal option volumes today on the day after Easter. BX – Seller (likely to close) of 31k of the Jan15 30 calls at an average price of 0.61 around noon. BX made 5 year …
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