Here is some decent size apparently directional options trades in sector etfs that caught my eye in today’s trading: XLF – rate sensitive stocks are getting nailed today despite the 10 year yield trading at the …
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Event: JP Morgan (JPM) reports Q2 results tomorrow before the bell. The options market is implying about a 2.5% one day post earnings move, which is a tad rich to the 4 qtr average of …
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Next week is a big one for banks stocks as about a third of the weight of the Financial Select etf (XLF) are set to report Q3 earnings: Oct 13th: JPM Oct 14th: BAC &, …
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We’re officially into earnings season and so far, investors are shooting first and asking questions later. This week alone we have seen sharp share declines in stocks like AAL, BBBY, KBH, TIF & SNDK after disappointing results, while …
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The CBOE composite put/call ratio closed at 1.30, its highest level since October 2013, and the large skew towards puts was entirely due to one large trade in SPY, in an otherwise quiet day. 1. …
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Lost amidst the international headlines this week are the earnings results from the first full week of Q2 earnings season. In the financials sector, the stock reactions were clearly much more a result of divergent …
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Volatility in the broader indices has petered out over the past month, to the point where 30 day realized volatility in the S&P 500 index has actually hit a 10 year low this week: The …
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BAC has fallen more than a dollar since we put on a long put trade in the stock a couple weeks ago. In our Considering Our Options post last week, we noted that we were …
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Financials got off to a strong start in 2014, but after yesterday’s decline and today’s tepid bounce, XLF is actually negative now for 2014. Earnings season for the sector kicked off today with JPM and …
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Event: WFC reports its fiscal Q4 earnings tomorrow on Tuesday, January 14th before the open. The options market is implying about a 2.75% one day move, which is above both the 4 qtr avg of …
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