On Wednesday (Big Printin’ – XOM Dec Calls) we highlighted some out of the money call buying in Dec expiration in Exxon (XOM): XOM… saw some fairly heavy short dated call volume that was 2.5x that …
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Here is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. ORCL – options volume ran nearly 10x average daily volume, with much of the activity coming in one large …
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For the better part of 2014 crude oil has been on a bull run, notching an 8% gain by mid-year. However, a funny thing happened on the way to new highs – near term demand …
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Crude oil is back at the forefront of traders’ screens after the turmoil this week in Iraq. Both front month West Texas Intermediate crude oil and Brent oil broke out to 6 month highs this …
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Transocean (RIG) stock was slammed by BP’s Gulf of Mexico oil spill in 2010, and the stock has never really recovered. I delved into the financial and business details in my Deep Dive post a …
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Dan discussed the weak reports from retailers last week, indicating potential belt-tightening by the U.S. consumer. The headwinds to U.S. consumer spending are well known, so today I wanted to mention one tailwind: lower gas …
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White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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Asset prices for the most part are little changed from where they were as U.S. traders left their desks yesterday. Not much progress on the U.S. political negotiations, which continue to dominate the headlines. Asian …
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John Boehner made clear over the weekend that a clean debt limit bill would not be brought in the House. As a result, the market awaits further negotiations around the government shutdown and the debt …
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Overnight price action in SPX futures had its tightest range of the week, and most Asian and European equity indices moved less than 1%. Asian Indices Mostly Lower, Japan Again Weakest – No major economic data …
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