June 4, 2015 by Dan • Commentary

Another day, another proposed mega-deal. M&A is the big story of this stage of the bull run. Market participants became too familiar with special dividends in 2013, and corporate financiers moved towards massively increasing share buybacks …

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October 7, 2014 by Enis • Commentary

One aspect of the FB story recently that has gotten very little press is the potential impact of the newly awarded WhatsApp shares on FB stock.  From this morning’s Notable Options Activity post: Facebook closed …

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August 19, 2014 by Enis • Commentary

Creative destruction is still alive and well in the global economy.  In fact, a novel idea can spread much more quickly in the internet age, disrupting entire industries over the course of just a few …

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July 22, 2014 by Enis • Commentary

Event:  FB reports its Q2 earnings tomorrow after the close.  The options market is implying about a 7.25% one day move, which is below both the 4 quarter average of 11.5% and the 8 quarter average …

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February 5, 2014 by Enis • Commentary

Event:  GM reports its Q4 earnings today after the close.  The options market is implying about a 4% one day move, which is above the 4 quarter average of around 2.5%, but below the 8 quarter …

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February 5, 2014 by Enis • Commentary

Event:  TWTR reports its Q4 earnings today after the close, its first earnings report since going public in early November.  The options market is implying about a 15% one day move, with no prior earnings history …

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January 29, 2014 by Enis • Commentary

Event:  FB reports its Q4 earnings today after the close.  The options market is implying about a 10.5% one day move, which is slightly above the 4 quarter average of 9.5%, but below the 6 …

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