Why it’s almost Christmas Eve, Mr. Scrooge! The Global markets are closing for the weekend and we’re bound to have a very slow day – if you are waiting for a Santa Clause rally on today’s trading, you are very likely to be...
Read MoreToday’s tickers: RHT, XLF, MNTA, ODP, AA & CVBF RHT – Red Hat, Inc. – Shares of the software company are down 2.5% at $46.67 in the final hour of the trading session, but near-term options activity on the stock...
Read MoreA Trillion Dollars – Muhaha! After adding $209Bn (26.3%) in total assets so far this year, the US ETF industry has passed the Trillion Dollar mark led by $31Bn of inflows into fixed income ETFs, of all things as well as $29Bn...
Read MoreToday’s tickers: F, NKE, TSRA, PCX, STI, CSCO & SNDK F – Ford Motor Co. – A couple of large-volume spreads initiated in longer-dated call and put options on the automaker caught our eye this afternoon. Shares in Ford...
Read MoreI figured out how to get bullish! Just read the Wall Street Journal. On the front page we have “Nuclear Pact Adds Backers” above the fold along with a fluff piece on the weather in Europe. There are 3 other...
Read MoreThe markets traded mostly flat on Monday on limited volume and news. The market appeared ready for a bounce in pre-market with extended excitement over the tax cut extensions, but the market quickly changed its tune and began...
Read MoreToday’s tickers: DRI, AKS, GRA & GMXR DRI – Darden Restaurants, Inc. – Options strategists are feasting on near-term call and put options on the operator of eateries such as Red Lobster and Olive Garden ahead of the...
Read MoreI’m still worried about Europe. Everyone else seems to have forgotten, including the Europeans. The Stoxx EU 600 Index hit its highest point since September 2008 this morning as commodities continued to climb (another chance...
Read MoreBarron’s already has the 2011 Outlook on the Cover. We were discussing the generally bullish in Member Chat and Barfinger said “So, Phil, what is your response to the bullish preview?” That was a great question...
Read MoreToday’s tickers: KRE, CPN, PRGO, FITB, DPS, SMH & M KRE – SPDR KBW Regional Banking ETF – A large-volume debit put spread initiated on the SPDR KBW Regional Banking ETF this afternoon suggests one options investor is...
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