Here is some apparently untied directional options trades that caught my eye in today’s trading: TSLA: Shares of Tesla opened up 5% following Q3 results that showed a small profit, only its second in history. …
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Event: Pepsi (PEP) is scheduled to report its Q3 results Thursday morning prior to the open. The options market is implying about a 2%* one day post earnings move which is rich to the 4 …
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Event: Pepsi (PEP) will report Q2 results tomorrow morning before the open. The options market is implying only a 2% one day post earnings move in either direction, which is rich to the 4 qtr …
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This whole ZIRP & NIRP thing is wreaking havoc on conventional investment wisdom. Investors are willing to pay 22.5x expected 2016 eps for Coca-Cola (KO), a consumer staple, with a 3.2% dividend yield, whose earnings …
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U.S. consumer staples stocks (XLP) are the second best performing sector in the S&P 500 (SPX) in 2016, up 5.5%, behind Utilities (XLU) which are up 13%. Despite mildly under-performing the SPX’s 200% gains from the …
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There is some wacky stuff going on in U.S. stocks this week. The unthinkable has happened, energy, material and mining stocks have absolutely ripped, as have some industrials, while high multiple crowded trades like Facebook, …
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Regular readers know that I have been less than optimistic about the return environment for equities globally with the end of QE in late 2014, and the end of ZIRP this past December. I know …
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I guess it is safe to say that you could have thrown a dart to buy any stock (save AAPL) or sector (save Biotech) in the U.S. market this past week and made money. We …
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The S&P 500 (SPX) is up 8% from last Friday’s low. That low followed Sept’s disappointing and downward revised August employment data that basically put the final nail in the coffin for any chances of the FOMC …
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A little less than a month ago we expressed a bullish view on Utilities stocks in the sector etf, the XLU. At the time XLU was close to support and we thought mis-priced given what markets were saying …
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