To state the obvious, the price action yesterday in media stocks was atrocious, with both Disney (DIS) and Time Warner (TWX) closing down about 9%. What’s troubling about a one day moves of that magnitude …
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Last night on CNBC’s Fast Money we discussed the competitive threat that Alibaba (BABA) poses to Netflix (NFLX) in China. Watch here: I am not going to get too into the opportunity for NFLX abroad, …
Continue readingI am probably a lot like you when it comes to the financial markets, I find single stock stories more interesting than the rest of the stuff. Often, I gravitate towards companies whose products or …
Continue readingHere is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. CSX – yesterday in this space we highlighted some call activity in the rail: CSX – after reporting Q1 results …
Continue readingHere is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. DAL – a buyer paid .55 for 15,000 by 30,000 of the June 47/52.5 1×2 call spread to open when the …
Continue readingOver the last few years, there have been no sustained broad market sell offs that offered investors the opportunity to buy high quality stocks at a meaningful discount. If the current correction, (currently 9% in …
Continue readingZillow is a stock that we have not understood for most of its 500% gains from its December 2012 lows. We surely understand momentum, and this stock has had that. We definitely understand why valuation does …
Continue readingOptions market volumes were much higher on Wednesday, even as stock volumes were still relatively light. Many large cap stocks saw large prints, included here: 1. PFE – Trader rolled down a long Sept 32 call …
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