Too Many Options: $TLT, $GE, $OXY, $FOXA, $ZTS


Options volumes were light on the Thursday before the Good Friday holiday.  Energy shares continue to lead on the upside, with XLE making another new all-time high after Thursday's 1% advance. 1.  TLT … [Read On]

New Trade – IBM: Rolling Bearish View


Last week we placed a near term bearish trade in IBM after its 15% rally into last night's Q1 report on the belief that the results would not support the stock's recent strength (see below). We isolated … [Read On]

Chart of the Day – $ULTA: Applying Cover-Up?


For the uninitiated, ULTA became the Toys 'R Us of cosmetics over the past 5 years, nearly tripling sales from $1 billion to $3 billion in that period.  The stores themselves are 10,000 square feet … [Read On]

$NFLX Q1 Earnings Preview


Event:  NFLX reports its Q4 earnings Monday night after the close.  The options market is implying about a 11% one day move, which is below both the 4 qtr avg of about 13.5% and the 8 qtr avg of about … [Read On]

MorningWord 4/17/14: Choppy Seas


To say that U.S. equities have gotten a bit whippy of late is an understatement.  Despite the peak to trough sell off from recent highs being less than 5% for the SPX and less then 10% for the Nasdaq and … [Read On]

Too Many Options: $T, $GE, $YHOO, $BX, $HST


Options volumes were the lowest in more than a week, as stock volumes also dropped off on the market's rally.  Earnings related names saw sporadic volume, but quiet overall. 1.  T - Reports earnings on … [Read On]