Too Many Options: $AMAT, $GM, $FB, $MSFT, $SIRI
Here is a list of the some of the most interesting untied options activity from today: 1. AMAT - stock saw its biggest one day gain since September, up more than 5% and broke out to new 6 year highs on...
View ArticleToo Many Options: $AAPL, $CIEN, $CNP, $EWZ, $MAT, $VIX
Here is a list of the some of the most interesting untied options activity from today: 1. MAT- If I have said it once I have said it 1000 times, taking unusual options activity at face value is often...
View ArticleToo Many Options: $SPY, $CSCO, $MSFT, $PLUG, $OCN, $EXC, $DOW
Macro ETFs dominated options volumes, as the CBOE composite put/call ratio closed above 1 for only the third time in the past 6 months. 1. SPY - Put/call ratio has averaged about 1.6 over the past...
View ArticleCSCO Fiscal Q3 Earnings Preview
Event: Wednesday after the close, CSCO will report its fiscal Q3 results. The options market is implying about a 4% one day move, which is well shy of the avg of the last 4 qtrs of about 8%....
View ArticleToo Many Options: CSCO, FB, HUN, GE, PFE, XLF
After hitting a 1 month low on Monday, the CBOE composite put/call ratio jumped to its third highest level of the past 6 months, closing at 1.08. Overall volumes were still very light. 1. CSCO -...
View ArticleMorningWord 5/15/14: Chambers Music – CSCO
Last night CSCO reported their fiscal Q3 qtr that came in a bit better then the fairly low expectations with forward guidance that was above the prior midpoint, the stock is trading up 7.5% in the...
View ArticleNew Trade – $CSCO: Networking Opportunity?
Cisco (CSCO) is a stock that we haven’t traded a whole heck of a lot lately because it hasn’t done a whole heck of a lot for the last year, trading between $21 on the downside and current levels near...
View ArticleToo Many Options: $DG, $MSFT, $CSCO, $CCL, $GLD
Tight range of only 6 points in the S&P 500 index yesterday on relatively low volume. Single stock options activity was focused on calls once again, with many of the trades looking out 3-6 months....
View ArticleMorningWord 7/1/14: When the Music Stops
Yesterday, I initiated a bullish trade in Cisco (CSCO) that had less to do with fundamentals but more to do with the technical and sentiment setup in the stock (read here). Here is the thesis: despite...
View ArticleMorningWord 7/21/14: It’s the Safety Dance – $MSFT $INTC
Back in 1999/2000, there were two kinds of bubble stocks – those that had earnings with proven business models like CSCO, INTC & MSFT, and those that had healthy losses but sold the promise of the...
View ArticleTrade Update – $CSCO: Closing Sept Call Spread
Back on June 30th when CSCO was at the same levels it is now we wanted to play for a breakout to the prior highs (below). To refresh here was the trade: New Trade: CSCO ($24.87) Bought Sept 25/27 Call...
View Article$CSCO Fiscal Q4 Earnings Preview
Event: CSCO reports its fiscal Q4 earnings tomorrow after the close. The options market is implying about a 5% move, which is below both the 4 quarter and 8 quarter average move of about 6.75%....
View ArticleMorningWord 8/14/14: $CSCO Investor’s Chamber of Averse
On more than one occasion of late, we have highlighted CSCO’s inability to keep pace with some of its mega-cap peers like INTC, MSFT and ORCL, all which have made new 14 year highs in the last couple...
View ArticleThursday’s Notable Options Activity: $EWZ, $RSX, $XLI, $CSCO, $PRU
Very light single stock options volume on Thursday, as most of the activity remained in ETF options. The CBOE composite put/call ratio closed at 0.82, its lowest level in a month. 1. EWZ – The...
View ArticleThursday’s Notable Options Activity: $DOW, $NEM, $CSCO, $AAL, $QCOM
Options volumes were light once again for single stocks, with earnings season gradually winding down. The CBOE composite put/call ratio closed at 0.91. 1. DOW – The Jan15 57.5 calls traded 31,250 for...
View ArticleFriday’s Notable Options Activity: $BABA, $CSCO, $IYR, $CDK, $PBR
Volumes remained low on Friday, especially in the options market. Overall market volumes were their lowest since early September. 1. BABA – BABA was green every day last week, rallying more than 15%...
View Article$CSCO Fiscal Q1 Earnings Cheat Sheet
Event: CSCO reports its fiscal Q1 earnings tomorrow, Nov. 12th, after the close. The options market is implying about a 4% move, which is below both the 4 quarter and 8 quarter average move of about...
View Article$WMT Q3 Earnings Cheat Sheet
Event: WMT reports earnings tomorrow, Nov. 13th, before the open. The options market is implying a 2% move, which is above the 4 quarter average of 1.25%, but in line with the 8 quarter average of...
View ArticleName That Trade: $CSCO’s CEO Gots To Go
Last night Oracle (ORCL) reported fiscal Q2 results that were broadly better than expected, with forward guidance that was encouraging and much bullish commentary on the call. The stock is up 8.5%,...
View ArticleName That Trade – $CSCO: Stealth Security
President Obama is speaking today in Silicon Valley at what is being called the White House Summit on Cybersecurity and Consumer Protection, where he will, or already has signed an executive order...
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