Our worst trade of 2014 was trying to pick a bottom late last summer in the USO (the U.S. oil fund etf) when Crude Oil had just broken $100 on the downside (here, but only …
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Over the past year or so as crude oil has been more than cut in half, the companies within the space have had to take some fairly dramatic actions (both from an operational and financial …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was July 27th – July 31st:
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Yesterday (read below) I made the case that options prices on a directional basis were just too low heading into this morning’s Q2 earnings print for XOM. I expressed that view in a one day …
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Event: Exxon (XOM) reports Q2 results tomorrow morning before the open. The options market is implying about a 2% one day move, which is actually shy of the 4 qtr avg of just less than …
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Here is some generally directional, untied options activity that caught my eye during Mondays trading: 1. GE – after Friday’s 10.8% gains, the stock continues to see bullish flow in the options market, when the stock was $28 …
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XOM saw a fairly large call purchase today, at least in contract terms, when the stock was $85.62 a trader paid .32 for 42,000 May 90 calls to open ($1.35 million in premium). Friday afternoon Dan …
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Shares of Exxon (XOM) is down 7.5% ytd, and down 18% from its 52 week and all time highs last year. To suggest that sentiment is bad is an understatement, but this week’s blockbuster deal …
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Here is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. BBRY – total options volume ran 2x average daily volume, with calls outweighing puts by about 10%. But it was the …
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Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. JPM – total options volume ran 1.5x avg daily volume with calls dominating, making up 85% of the days volume. …
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