Posts Tagged ‘ETR’

Options Combo-Play Sees Multi-Year Highs Ahead For Electronic Arts

      Today’s tickers: ERTS, SNE, EAT & ETR

ERTS - Electronic Arts, Inc. – Shares in the video game developer may rally to their highest in more than two years by January 2013 expiration according to three-legged bullish plays initiated in Electronic Arts options this morning. Earlier this week the company announced an agreement to acquire PopCap Games, which makes games for mobile phones, tablets, PCs and social networking sites, in a cash and stock deal valued at up to $1.3 billion. Shares in Electronic Arts are currently up 0.50% to arrive at $23.63 as of 11:30 am ET. Long-term bullish investors eyeing fresh multi-year highs by Jan. 2013 expiration appear to have sold put options on the stock in order to partially offset the cost of debit call spreads. Traders sold around 5,000 puts at the Jan. 2013 $17.5 strike at an average premium of $1.42 each, purchased around the same number of calls up at the Jan. 2013 $25 strike for an average premium of $3.67 per contract, and sold some 5,000 calls at the Jan. 2013 $30 strike at an average premium of $1.97 a-pop. Average net premium paid to initiate the three-way trade amounts to just $0.28 per contract. Investors employing the strategy profit if shares in Electronic Arts rally 7.0% to exceed the average breakeven price of $25.28 by expiration day in more than one year. Maximum potential profits of $4.72 per contract are available on the spread in the event that shares in the interactive entertainment provider jump 27.0% to trade above $30.00 at expiration in January 2013. The company’s first-quarter earnings report is expected to hit the stands after the final bell on August 2.

SNE - Sony Corp. – Call activity on the designer and manufacturer of electronic equipment and devices suggests some strategists are positioning for shares in the Tokyo, Japan-based company to rally substantially by October expiration. Sony’s shares suffered following the March 11 earthquake and tsunami in its home country. A number of…
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With FCC's net neutrality ruling, the US could lose its lead in online consumer protection

 

With FCC's net neutrality ruling, the US could lose its lead in online consumer protection

Courtesy of Sascha MeinrathPennsylvania State University and Nathalia FoditschAmerican University

Three of these smiling people undid U.S. consumer protections online. Federal Communications Commission

The internet may be an international system of interconnecting networks sharin...



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Zero Hedge

Inflation indicator wonders why the Fed is raising rates

Courtesy of Chris Kimble

The Fed raised rates yesterday, is it necessary for them to do that? Humbly, the answer will come in time.

Below looks at the inflation indicator and how it is testing a key price level-

This inflation indicator (TIP/TLT) has been heading lower overall lower, inside of falling channel (1), for the past 5-years. It hit the top of the channel at the start of this year and has been heading south most of the time.

The infl...



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Biotech

Designer proteins that package genetic material could help deliver gene therapy

Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.

 

Designer proteins that package genetic material could help deliver gene therapy

Courtesy of Ian HaydonUniversity of Washington

Delivering genetic material is a key challenge in gene therapy. Invitation image created by Kstudio, CC BY

If you’ve ever bought a new iPhone, you’ve experienced good packaging.

The way the lid slowly separates from the box. The pull...



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Chart School

Rallies Slow As Semiconductor Selling Eases

Courtesy of Declan

Markets experienced early gains but gave them back by the close of business. Given the mini-rally of the past five days, some of the indices are looking vulnerable to a new round of selling.

The S&P finished with a narrow inverted hammer on low volume but at new highs. A move back to the newly accelerated channel is looking favored.
 


The Nasdaq also finished with a narrow doji but wasn't able to make new highs.  It's already close to one channel but looks more likely to reach down to th...



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Insider Scoop

Earnings Scheduled For December 13, 2017

Courtesy of Benzinga.

Companies Reporting Before The Bell
  • Lightinthebox Holding Co Ltd-ADR (NYSE: LITB) is estimated to report quarterly earnings at $0.01 per share on revenue of $78.49 million.
Companies Reporting After The Bell
  • ABM Industries, Inc. (NYSE: ABM) is expected to post quarterly earnings at $0.49 per share on revenue of $1.49 billion.
  • ...


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Digital Currencies

Not A Bubble?

Courtesy of ZeroHedge. View original post here.

Meet The Crypto Company - up almost 20,000% since inception in September...

To a market cap of over $12.6 billion...

Grant's Interest Rate Observer drew the world's attention to this 'company' yesterday.....



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ValueWalk

Tax Bill May Spark Exodus From High-Tax States

Courtesy of FinancialSense.com via ValueWalk.com

The following is a summary of our recent podcast, “Exodus – The Major Wealth Migration,” which can be listened to on our site here on on iTunes here.

It’s looking increasingl...



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Members' Corner

An Interview with David Brin

Our guest David Brin is an astrophysicist, technology consultant, and best-selling author who speaks, writes, and advises on a range of topics including national defense, creativity, and space exploration. He is also a well-known and influential futurist (one of four “World's Best Futurists,” according to The Urban Developer), and it is his ideas on the future, specifically the future of civilization, that I hope to learn about here.   

Ilene: David, you base many of your predictions of the future on a theory of historica...



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Mapping The Market

Puts things in perspective

Courtesy of Jean-Luc

Puts things in perspective:

The circles don't look to be to scale much!

...

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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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