Call it nostalgia, but BRCM is a stock I continue to follow all these years after I was a market maker in the name on the floor of the Amex, when the semi stocks were …
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Another nothing day in the major indices but some fun things happening in individual names with AAPL’s break below 500 now a reality and investors’ shrug off of the Facebook announcement. Here are the options …
Continue readingTrade Update Jan 11th, 11: 55 am: JCP was downgraded this morning by UBS, where the analyst cut the price target to 13 and said that the current cash flows won’t be enough to support …
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With JCP dropping back below the 20 dollar mark we thought it would be a good time to look at how we’ll treat our short premium range trade that Enis put on back in November. …
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Facebook has only been a public company for 6 months, but it’s had a roller coaster ride as a stock. Look at the chart life-to-date: The stock has had an obvious change in …
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Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Nov 12th to Nov 16th:
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Everyone’s jumped on the bash-JCP train over the past week. Is JC Penney a broken story? Yes. Is it distressingly burning cash as it tries to turn around sales? Yes. Is CEO Ron Johnson running …
Continue readingHere is a quick recap of 5 of the more interesting options trades this week: From Oct 15th: S – Most active lines were the Nov 6 and Feb 6 lines, mainly selling, as the nature …
Continue readingA few large trades involved traders moving their October options out to November today. MRO – Largest print of the day as the stock made 6 month highs. Someone rolled their long Oct 29 puts …
Continue readingThe top 4 lines traded in the single stock options market were all related to Sprint, as the Softbank offer was digested by the options market. Today’s top 10: S – Most active lines …
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