The Weekly Options Report: Here Comes The Pain

November 17, 2011

Traditional options expiration is upon us, and as such today we will continue our discussion on options expiration strategies, which we briefly touched upon in last week’s report. But before we dive in, let’s talk RIMM. With shares of RIMM trading at $17.58 last week we suggested traders consider purchasing the Dec 17.5-16 1×2 put […]

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The Weekly Options Report: Living Life Above The RIMM

November 11, 2011

Last week in The Weekly Options Report we highlighted 2 strategies to consider heading into the coming week: 1) selling downside puts in Yahoo (YHOO) and 2) long weekly straddles in Cisco (CSCO) heading into earnings. While the YHOO trade was clearly a winner, the CSCO trade, for some, is still up in the air […]

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The Weekly Options Report: The Case For Serial Put Selling

November 4, 2011

Vol is Back…or is it? Another eventful week coming to a close, as markets have seemingly been able to shake off Euro Zone concerns and look poised for positive weekly gains. After spending a few solid days below the 30-level, the VIX skyrocketed 16% on Tuesday only to give much of it back by market […]

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Weekly Options Midday Update for November 1, 2011 (TLT, MRVL, QCOM)

November 1, 2011

Markets are in a sharp decline today amidst renewed Euro Zone concerns. The VIX has gained over 20% on the day thus far, currently standing at 36. I know VIX options activity over the last few sessions has suggested investors were anticipating volatility to subside throughout the remained of the year, but I never got […]

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Weekly Options Midday Update & Analysis

October 19, 2011

Earnings season continues in earnest tonight with quarterly reports from AXP, EBAY, LRCX, RVBD, and WYNN scheduled for after the close. Earnings related options flow continues to dominate trading activity, but a few non-earnings related weekly options trades have piqued my interest heading into expiration Friday. Of note we’ve seen: 4k Oct 12 puts sold […]

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Apple 4Q Earnings Volatility Preview

October 18, 2011

Apple is scheduled to report 4Q financial results today after the close. The Street is expecting EPS of $7.24 on revenue of $29.5 biliion. This will be the first post-Steve Jobs earnings report so all eyes will be squarely on Tim Cook and how he approaches providing key information to the financial community. Things to […]

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Are We Nearing A Top in the S&P 500?

October 16, 2011

I’m passing along an article from the Options Trading Signals guys responding to this very question. The OTS team has done a remarkable job in calling the market’s recent upward momentum so I’m paying close attention to the key points they make and implementing some of their ideas in my weekly options trading activities. Highlighted […]

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Unusual Options Activity in Southwestern Energy (SWN)

October 14, 2011

While screening for weekly options to sell today, one name that stuck out like a sore thumb was Southwestern Energy (SWN) as implied volatility in the options expiring next week is up some 13% and the company just announced earnings will be released on October 27, which falls after October expiration. Clearly something is going […]

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Google 3Q Earnings Volatility Analysis & HPQ Weekly Options Activity

October 13, 2011

Google (GOOG) is scheduled to report 3Q financial results today after the close. The Street is expecting EPS of $8.74 on revenue of $7.2 billion. Shares of GOOG have exhibited decent volatility around earnings releases averaging a +/-7.3% around its last 8 earnings reports with a high of 13% emanating from last quarter’s results (see […]

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Weekly Options Update: FSLR Primed For Further Downside?

October 11, 2011

Our weekly options trading screens alerted us to an opportunity in First Solar (FSLR). Shares of FSLR have fallen over 40% in the last month and a half and all signs point towards continued weakness over the coming days. Around 11:15 we got long some deep in-the-money weekly puts to ride shares lower. When looking […]

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