New Trade – $XLP: Did You Try Staples?

scrooged

Consumer staple stocks have been on our hit list for the last 6 months.  Our most recent trade was a put spread into Proctor & Gamble's Q4 earnings report in late January (read here).  At the time I … [Read On]

Name That Trade – The $GME is the Game

gamestop1

Event: GameStop (GME) reports their Q4 results tonight after the close. The options market is implying about an 8% one day move.  The March 27th weekly expiration 39 straddle is offered at about $3.10, if … [Read On]

MorningWord 3/26/15: Vol Of A Sudden

MorningWord

One of the great market mysteries of the last six months has been the lack of equity volatility during an endless march to new high after new high. That's been despite a backdrop of crashing commodity … [Read On]

Considering Our Options – QQQ The Curtains

considering

In late Feb we took a bearish stance on the Nasdaq with a put spread in the QQQ when it was $109. Here's the original trade and rationale: TRADE: QQQ ($109) Buy to Open May 108 / 98 Put Spread for … [Read On]

Tuesday’s Notable Options Activity

TooMany

MW -  Men's Wearhouse is trying to break out to its 2014 highs after a dismal end to that year. The stock is up nearly 20% in 2015 and an recent days has seen some bullish options activity with certain … [Read On]

MorningWord 3/25/15: $KRFT – Gee Whiz

MorningWord

A few weeks ago in this space (MorningWord 3/11/15: Cheesy Breakouts) we highlighted what appeared to be some unusual call buying in a fairly sleepy consumer staple stock, Kraft (KRFT): when the stock was … [Read On]

Name That Trade – $RH Into Earnings

index

Event: Restoration Hardware (RH) reports Thursday night after the close.  The options market is implying about a 8% one day move in either direction (based on Apr implied volatility at 46 and May implied … [Read On]

Name That Trade – $CYBR Chase

cyberark-software-ltd-logo

CYBR is one of the lesser known IT security stocks in a very hot sector.  It did pick up notoriety on its huge run in February, doubling in value in just a few weeks.  The stock retraced back to the $47.50 … [Read On]