Name That Trade – $GS: Vampire Lid?

NameThatTrade

Goldman Sachs reported a better than expected result this morning, and the stock is trading 1.5% higher early in the session.  While the trading businesses (both fixed income and equities) were weak, … [Read more...]

Name That Trade – Back to $BAC

NameThatTrade

BAC has been on our radar ever since a lackluster Q1 earnings report.  We had a profitable bearish trade in the spring, which we closed for a triple.  In the rationale for that trade, we outlined the … [Read more...]

New Trade – $CIEN: Optical Infusion

Screen Shot 2014-06-03 at 1.18.17 PM

I posted my thoughts on CIEN in today's earnings preview.  The stock is one of the worst performers in the Nasdaq so far in 2014, down more than 20%.  Thursday morning's earnings event is a key … [Read more...]

$CIEN Q2 Earnings Preview

CheatSheet

Event:  CIEN reports its fiscal Q2 earnings Thursday after the close.  The options market is implying a 10% move for the event, which is essentially in line with both the 4 quarter average of about … [Read more...]