Here are some apparently directional untied options trades that caught our attention in today’s trading:
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On the open today Whole Foods (WFM) was trading within 1% of its 52 week and 5 year low. Then take-over chatter caused a 5% rip: To suggest the technical set up in WFM is …
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Event: Whole Foods (WFM) reports their fiscal Q1 results tonight after the close. The options market is implying about a 9% one day move tomorrow, which is rich to the 4 qtr avg of about …
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Shortly after 1pm shares of Whole Foods (WFM) spiked 4.5% in a straight line as there were rumors on the Twitter (here) of a Walmart bid for WFM: Traders quickly came to their senses, and …
Continue readingWhole Foods (WFM) is making new 52 week and 3 1/2 year lows today. The stock is now down 42% from its 2015 highs, and down 50% from its all time highs made in late …
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Event: WFM reports fiscal Q3 results tonight after the close, the options market is implying about a 7% one day move, which is basically in line with the 4 qtr avg of about 7.5%, and …
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I know a lot of people that get emotionally attached to consumer stocks they own. They love the product, they buy the stock and for a while they are a happy customer and investor. Many …
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Since making new all-time highs in November of last year, Whole Foods (WFM) is down about 41%, and down 33% in 2014 alone. While the chart of the stock looks a bit oversold on a …
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There has been no shortage of rumors over the last couple weeks about potential corporate action or M&A in oversold consumer stocks with high short interest like LULU (25% of float), WFM (10% of float) and …
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Today’s price action in WFM was a classic market situation where price moved first, and then market participants scrambled to assign a potential reason for the move. That led many traders to speculate that Carl Icahn …
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