Regular readers know we have been skeptical of bullish calls over the last couple years relating to a supposed refresh cycles for PCs. It is our belief ( as well as many much smarter than …
Continue readingSNDK
Back in mid February, when shares of Micron (MU) were trading $31.75 we made a defined risk bearish trade (New Trade – $MU Shu Put) largely predicated on what we felt was a rotation out …
Continue readingTech investors have shot first and asked questions later when it comes to companies issuing profit warnings. This morning Sandisk (SNDK) stated that Q1 sales would be lower than their guidance given on January 21st by …
Continue readingHere is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. GE – The largest trade on the day across single stock, etf and index options was a long dated bullish …
Continue readingPrior to the opening Sandisk (SNDK) lowered Q4 sales and gross margin guidance: The company estimates total revenue to be approximately $1.73 billion, lower than the previously forecasted revenue range of $1.80 billion to $1.85 …
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 Sept 8th – Sept 12th:
Continue readingWhile social media stocks have garnered a lot of attention in the recent leg of the bull market, both for booms and busts, it has been the less sexy nuts and bolts of technology, like …
Continue readingInvestors and techies have been captivated by the surplus of leaks and rumors about Apple’s yet-to-be officially announced new products. iPhone 6 specs appear to be the worst-kept secret from Cupertino to Taiwan. For years, …
Continue readingEVENT: -Company reports Q1 earnings and will offer guidance tonight after the close. -Options Market is implying about a 6% move vs the 8 qtr average move of almost 9%.
Continue reading