On August 30th, we wrote a recap of some trade ideas Dan presented on a panel at the Ameritrade Investools Conference. The ideas focused on 3 widely held stocks in big cap tech, media and …
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AAPL: The largest single stock options trades today were in Apple:
Continue readingOn 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 …
Continue readingAfter some early weakness this morning, Crude Oil held at near term support, and is now threatening to break above the uptrend from the February lows: The technical set up here feels precarious at best, …
Continue readingToday I had the pleasure to speak at TD Ameritrade’s annual Investools conference alongside my Options Action co-panelist Michael Khouw. As part of the discussion, he and I both detailed some options trade ideas in …
Continue readingFacebook’s (FB) $358 billion market cap (just a tad from its recent all time highs) has catapulted the social media company to now be one of the top 10 most valuable companies in the world, …
Continue readingIn case you missed, the 24% decline in crude oil from its 2016 highs in early June above $50, to this morning’s low at $39.19 came to a screeching halt following today’s supply data: With …
Continue readingEvent: Exxon (XOM) reports Q4 results tomorrow before the open. The options market is implying about a 3.3% one day move. With the stock at $76 the Feb 5th weekly 76 straddle is offered at about $2.55, …
Continue readingRegular readers know that commodities and their related stocks aren’t usually my focus. Despite my tourist status, I have had some views on crude oil weakness since the end of 2014. Those views have remained steadfast …
Continue readingA little more than a month ago on Oct 9th (here) we made a defined risk bearish bet that shares of Exxon (XOM) would fail at the sharp downtrend near $80, that had been in …
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