Event: Toll Brothers (TOL) reports their fiscal Q3 results tomorrow before the open. The options market is implying about a 4% one day post earnings move, which is shy of the average move following the …
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Yesterday, Lennar (LEN), the largest homebuilding company by market cap and sales beat Q2 earnings estimates. Deliveries rose 12% year over year with a 4% increase in selling prices. Given the rate environment and the …
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Regular readers know I haven’t had many positive things to say about the prospects for banks stocks in 2016. My cautious view has had little to do with the recent concern emanating from the increased (yet …
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Yesterday, I gave my thoughts on Barron’s cover story (MorningWord 2/1/16: Crying All the Way to the Bank) where they suggested that it is Time to Buy Bank Stocks. My view was quite simple that the …
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Event: Tesla (TSLA) reports Q2 results after the close. The options market is implying about an 8% one day move (or about $21 in either direction), which is very rich to the 4 qtr average …
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On Monday I previewed NFLX’s Q1 results due out after the close (below). The implied one day move is now about 9.5%, the April 17th weekly $472.50 straddle (the put and the call premium) is …
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Netflix (NFLX) reports Q1 results Wednesday after the close. The options market is implying about a 10% one day move which is shy of the 12.5% average over the last 4 qtrs, and below the …
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SPLS – There was a large print in the September 20 calls. The trade was reported as a buy-write meaning they were sold vs. shares bought in the stock. The curious thing is that the …
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Our SBUX Jul19th 80/75/70 put fly expires today. The 80 put is in-the-money, while the 75 and 70 puts are out-of-the-money, all far enough away that I don’t plan to cover the short 75 puts …
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A couple weeks ago, Enis made a slightly bearish trade in SBUX, playing for the stock to remain in its current range heading into July expiration (below). The trade is a slight loser with one …
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