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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LULU is actually down about 10% in 2013, quite a change in behavior compared to the stock’s soaring gains from 2010 to 2012. The stock was initiated as a New Overweight at JPM on Wednesday …
Continue readingTrade Update April 1st, 2013 11am: AAPL had a heck of a month in March after making new 52 week lows and seeing its peak to trough sell off from Sept hit roughly 40%, the …
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MorningWord 3/19/13: Yesterday at this time, I penned my morning piece, titled, ” Treacherous Set Up For Bears, $SPX = Flight To Quality”. As a trader who came in to the day net short, I should …
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MorningWord 3/18/13: Since Super Euro Banker “Extraordinaire” Mario Draghi said the now infamous words back in late July, the Euro Stoxx 50 is up about 25%, but understandingly under-performing the SPX since the European Sovereign Debt Crisis has gripped the region …
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Here is a summary of what I will be discussing tonight on Options Action on CNBC at 5pm: AAPL is up 2% today as I write and it is most likely the result of speculation of what …
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MorningWord 3/15/13: I’ll start this post as I have on many occasions over the last few weeks. AAPL is desperately attempting to put in an intermediate term bottom. Since gapping below $440 on March 1st, the stock has spent …
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1. VIX – 115K May 18/25 call spreads went up. Two weeks ago there was a purchase of 150K Apr 20/25 call spreads. Also someone bought 39K Apr 16 straddles and sold 28K Mar 16 …
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Event: IBM reports their Q4 earnings this evening after the close. The options market is implying about a 3.3% move vs the 4 qtr avg move of about 4.15%. BLOOMBERG DATA PREVIEW: By Beth …
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