We use this post to highlight unusual activity, especially what we perceive to be directional. We don’t suggest that this activity can be useful in making any investment/trading decisions about the underlying (i.e. blindly following …
Continue readingVOL
With the SPX making new all time highs and near euphoria that the Fed not pullback on asset purchases I think this will ultimately be perceived as negative, as the Fed does not feel the …
Continue reading
On Monday I laid out a short thesis why IBM, a large cap U.S. multinational that has lagged the broad market and its peers, possibly due to its heavy revenue exposure overseas could benefit from …
Continue reading
IBM reports its Q1 after the close tonight, the options market is implying about a 3% move vs the 4 qtr avg move of about 3.6%. –Sentiment in the name is fairly mixed among Wall …
Continue reading