Trade Update Jan 17th, 2012 at 11:00 am: As The WFC call calendar that I traded last week has gradually appreciated, and with one day left to expiry and the stock right at my desired …
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Since I wrote the WFC Earnings Preview yesterday (below), the implied move in the stock has inched higher from about 3% up to almost 3.5%. While that’s a small difference, I became more intrigued when …
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Event: WFC reports Q4 earnings Friday before the open. The options market is implying about a 3% move post-earnings, which is above the 4 qtr avg move of about 2.5%, and below the 8 qtr …
Continue readingWe started the Too Many Options post on Oct 8th with the goal of providing valuable color on the most active or interesting options trades each day. Following all of the activity each day might …
Continue readingTrade Update Oct 2nd 2012 at 1:52pm: A few weeks back, after the ECB and the U.S. Fed were done eviscerating the shorts (me included), I was looking to find some perceived low risk longs that would …
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Here is a quick summary of the trade that I will be detailing tonight on Options Action on CNBC at 5pm: This is a bit of an obvious trade, but of all of the large …
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As I write this at 9:10 am, futures now indicate a 0.2% higher open, after showing more strength earlier. Commodities are broadly higher, with copper and grains leading, up 2% or so, though SLV is …
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Here’s a preview of one of the things we’ll be discussing on the Fast Money Halftime report today: Even before today’s news, the market had gradually removed the potential for a systemic banking crisis from …
Continue reading2nd UPDATE Oct 4, 2011: With the stock at 12.30 I am adding back the half of the position that I took off last week. I want to look to make what I think is …
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The SPX closed on its dead ass high and barely had a down tick all day….this is obviously positive action in the face of crude oil’s impressive performance bouncing off important support at $90 and …
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