Considering Our Options – $TXN


On Wednesday, prior to INTC's Q2 report, I rolled up my bearish TXN position and moved it closer to August. With the July portion of the calendar expiring today and earnings on Monday we looked at … [Read more...]

Considering Our Options – $QCOM


About a month ago we put on a bullish calendar spread in QCOM. Since that time QCOM came under some selling pressure that saw it trade below 60, but has rebounded in the last few days. With the stock … [Read more...]

New Trade: Messin’ with $TXN


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 of $2.93 — … [Read more...]

$CSCO Fiscal Q3 Earnings Preview


Event: CSCO reports their fiscal Q3 earnings Wednesday May 15th after the close.  The options market is implying about a 4.6%* move vs the 4 qtr avg move of ~6.4% and the 8 qtr avg move of ~6.77%.  (* … [Read more...]