Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. BAC – The largest single stock options trade of the day was in BAC,. When the stock was 17.60 a trader …
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Here is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. T – total options volume was more than 3x average daily volume with calls making 75% of the volume. The …
Continue readingAt the beginning of June we placed a range trade on WMT that looked for the stock to find some footing after a recent sell off and possibly consolidate around the 75 level: …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was June 1st to June 5th:
Continue readingIn early April we placed a defined risk bullish trade in shares of Walmart (WMT) when the stock was $81, using key technical support at $80 as a stop (read here). We closed the position for …
Continue readingEvent: Costco (COST) reports their fiscal Q3 results tonight after the close. The options market is implying about a 2.3% one day move which is a tad rich to the 4 qtr avg move of …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was May 118th to May 22nd:
Continue readingBack on April 2nd we placed a bullish trade on shares of Walmart (WMT) when the stock was 2% higher. To refresh:
Continue readingNearly a month ago we expressed a near term bearish view on LULU in the form of outright puts (when the stock was 4% higher). To refresh, here was the trade: [hr] Previous Post April …
Continue readingSince the start of April we have made a few defined risk bullish Trades in consumer discretionary stocks: Macy’s (M): Trade Update – Macy’s ($M) – The Parade Rolls On Nike (NKE): New Trade – $NKE …
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