1. BBRY – the stock continues to avoid its inevitable demise, now trading up some 57% from the December lows. One trader sees the $6 level as a sort of line in the sand and …
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I’ll make this easy for all of you traders out there just dying to pick a spot and step in on the long side of TWTR. I wouldn’t touch it prior to their Q4 earnings …
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The SPX’s decline of nearly 1% yesterday, the largest since December 11th, represents about a quarter of the 4% gains since the FOMC announced its plans to decrease the size of its bond buying program …
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Last week was the lowest volume week in 2013, and this week is likely to be another snoozer, with New Year’s Day on Wednesday. Friday options volumes were light, but here were the standouts: 1. …
Continue readingTwitter’s stock run in the past month has been a sight to behold. IPO at $26, trade at $50 on day one. Back off to below $40 over the next few weeks. Then burst higher …
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Earlier in the fall there seemed to be a little bubble forming in the financial press about the need to label the stock market, or any market for risk assets a “bubble”. Back in …
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Full holiday excitement was on exhibit yesterday, with the CBOE composite put/call ratio hitting 0.61, its lowest level since January 2011. 1. FB – Options were actually quite active yesterday, with more than 400k calls trading …
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Options volumes were light overall on Friday. Most large single stock trades were on the call side of the ledger. 1. ADBE – Stock closed up nearly 13% at a new all-time high on Friday after …
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A week ago, when the stock was $45, I put on a trade in TWTR with the idea that the stock would likely make a run back towards its IPO day highs of $50 by …
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Last Friday we bought a call calendar (below) in TWTR with the intention to position for a move back to the prior highs into year end and possibly finance the purchase of upside calls into …
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