MorningWord 6/4/13: With Elon Musk’s portfolio stealing much of the attention among high short interest stocks of late it seems that BBRY, despite 125% gains off of the September 2012 lows and similar high …
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TSLA price action is getting a tad whippy for my liking, feels like at any movement it could be up or down $20. I am going to take my profits in the Calendar Call Spread …
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Single stock options were quiet for the most part. One weekly line in the SPY was very active. SPY – The weekly 164 puts traded over 275k on the day, at an average price of $0.24. …
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Dan mentioned the very strong outperformance of high short interest names with concentrated holders a few weeks ago in his Morning Word. In that post, he highlighted a few names: Which leads me back to …
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Dan initiated a new trade on TSLA on Friday. Here was the key excerpt: After such a massive run, and the new equity issuance, I would expect the stock to consolidate a bit, but I …
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Enis highlighted TSLA’s monster technical break-out in his Chart of the Day (below) back on April 3rd, a couple days after the company stated they would post their first profitable quarter in their history. Since …
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Elon Musk-related names dominated options volumes today, as TSLA and SCTY both ripped higher on near record volumes, and options volumes were similarly elevated. TSLA – Call to put ratio was at 1.3, and May call …
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Any trader or investor eventually learns that Fear is a stronger emotion than Greed. That’s the basis of the observation that asset prices use the escalator up and the elevator down, by grinding higher as they appreciate, …
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Some high short interest names like GMCR and TSLA were up big today on better than expected earnings. RAX did the opposite and continues to implode off it’s highs. The market hung around on the …
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Earlier today (below) we previewed a few high short interest names that were set to report earnings this evening. Of the names that we looked at, GMCR stuck out to me as the one that …
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