1. CCL – stock down again today, but ended up only down $.11 despite the company reporting that the Triumph disaster will affect it’s earnings as they will have to cancel at least 12 future …
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What a crazy stock. With HLF having rebounded from its open under 31 yesterday to about 36.50 as I write this (don’t blink) it’s time to look at possible exit strategies and the potential of …
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The CBOE Put/Call Ratio closed at 1.05 today (according to Bloomberg), which is the highest close so far for 2013. Otherwise, relatively quiet day in the options market. AAPL – Stock closed lower for the 4th …
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Two big prints that were both protective in nature. VIX – buyer of the Apr 20/25 call spread 150,000 times paying 0.70 to open. Quite a big bet, as that involved paying out $10.5 million …
Continue readingI initiated a range trade on STZ on January 8th ahead of its earnings report. I ended up with much more than I bargained for when I got into this position. Check out the 17 …
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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 …
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REMINDER: Dan and I will be hosting a Webinar tomorrow at 4:30pm eastern entitled, “Anatomy of an AAPL Earnings Trade With Options”. We will run through the qualitative and quantitative inputs that we use to evaluate a potentially …
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I laid out my thoughts on STZ in my earnings preview earlier today (included below). Given the high level of implied volatility, and my lack of directional bias, I basically just want to sell volatility …
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Event: STZ reports its calendar Q4 earnings Wednesday before the open. The options market is implying about a 7% move post-earnings, which is slightly low relative to both the 4 qtr avg move of about 11%, …
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