
Event: ORCL reports its fiscal Q4 earnings tomorrow after the close. The options market is implying about a 4.5% move post-earnings, which is in line with the 4 qtr avg move of about 4.5%, but … [Read more...]

Event: ORCL reports its fiscal Q4 earnings tomorrow after the close. The options market is implying about a 4.5% move post-earnings, which is in line with the 4 qtr avg move of about 4.5%, but … [Read more...]

Last Monday TXN held their Q2 mid quarter update (release here) where the company tightened their previous guidance range to: Revenue: $2.99 — 3.11 billion compared with the prior range … [Read more...]

China, the great 21st century growth story, has shown serious signs of strain this year. Both the Shanghai and Hang Seng indices are in the red in 2013, despite a generally strong equity environment … [Read more...]

MorningWord 6/19/13: And there it is, can you hear it?? It starts out pretty faint, but by the end of the day it could be a full blown scream. TSLA released a statement calling or a partial recall … [Read more...]

Tech dominated single stock options volumes today. VIX - Heavy June option volume ahead of VIX expiry tomorrow morning, with the June 17 call trading almost 100k. VIX spot held up better than … [Read more...]

Utilities and REITs have been 2 of the more popular sectors for yield hungry investors over the last year. Over the last 3 years, they have moved largely in lockstep, and especially so in the past … [Read more...]
Event: FDX reports its fiscal Q4 earnings tomorrow before the open. The options market is implying about a 4% move post-earnings, which is higher than the 4 qtr avg move of about 3.5%, but lower … [Read more...]

MorningWord 6/18/13: Yesterday shortly after 1pm our Twitter-feed lit up like a Christmas tree after I reported the following trade in AAPL: @cnbcfastmoney @CNBCOptions Monster Bullish Trade in … [Read more...]

Yesterday, we received a great question in our "Submit Your Question" section of the site: Today market up more than a percent but VIX is also trading days High..shaking off initial loss? Something … [Read more...]

Summer Swoons For whatever reason, most notably seasonality in economic data (something we've written about alot here at Risk Reversal) coming out of the financial crisis, the summer months … [Read more...]

Quiet day for stock and options volumes, with a few large trades. AAPL - Buyer of 10,200 of the Jul 470 calls for 2.26 to open, a large trade in notional terms. Call to put ratio around … [Read more...]

Netflix is up 7% today after an announcement of another content deal, this time with Dreamworks (DWA). NFLX is clearly a hard-to-value stock. Its volatility over the last few years is a simple … [Read more...]

The Aussie Dollar has acted more like an emerging market currency in the past 2 months. It declined greater than 10% against the USD from mid-April to early June. That's an enormous move for any … [Read more...]

JCP has been one of the most hated stocks over the past few years. Easy to hate too, since its stock has languished near 20 year lows: The stock has stabilized, though. Mike Ullman, the CEO … [Read more...]

When I wrote this hypothetical trade up on Friday, my apprehension at the time was too press the short on a down day in the market, and as the stock had reversed 1.5% from the morning's and the all … [Read more...]
$VIX Futures Snapshot – $VIX Selling Off Ahead of FOMC
Interesting move in VIX spot and VIX futures over the last few hours. The VIX had remained elevated this week despite the SPX index advance because of the Fed event today, but we saw VIX selling … [Read more...]