Posts Tagged ‘FWM’

Options In Play On Fairway Ahead Of Earnings

Today’s tickers: FWM, APA & JCP

FWM - Fairway Group Holdings Corp. – Shares in food retailer, Fairway, are up slightly on Wednesday, trading 0.20% higher on the session at $20.92 as of 11:25 a.m. ET ahead of the company’s fourth-quarter earnings report on Thursday before the open, Fairway’s first quarterly release since becoming a publicly traded company on April 17th. The stock gained more than 30% to close at $17.50 on its first day trading in the secondary market and has since rallied another 20% to current levels. Fairway popped up on our ‘hot by options volume’ market scanner early in the trading session after one trader purchased front month puts on the stock. It looks like the strategist is bracing for shares in FWM to potentially drop after earnings, buying 40 of the Jun $20 strike puts for a premium of $0.70 per contract. The trade makes money if shares in Fairway decline more than 7.0% from the current price of $20.92 to breach the effective breakeven point on the downside at $19.30 by June expiration. Shares in Fairway last week touched a record high of $22.50.

APA - Apache Corp. – An upgrade to ‘Buy’ from ‘Hold’ with a target share price of $105.00 from $90.00 at Deutsche Bank helped lift shares in Apache this morning, with the stock rising as much as 2.3% during the first half of the session to $86.31.Weekly options in play on Apache today, however, suggests some traders are positioning for the price of the underlying to surrender today’s gains and then some during the next couple of sessions. The energy company’s shares have rallied sharply in recent weeks, up better than 25% in the past six weeks since touching down at a 52-week low of $67.91 on April 22nd. Near-term bearish options are most active at the Jun 07 ’13 $82.5 strike where upwards of 2,000 puts have changed hands against open interest of 259 contracts. It looks like most of the volume was purchased in the early going for…
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Why Richard Thaler won the 2017 economics Nobel Prize

 

Why Richard Thaler won the 2017 economics Nobel Prize

Courtesy of Sergey V. Popov, Cardiff University

The 49th Sveriges Riksbank prize in economic sciences – commonly referred to as the Nobel Prize for economics – has been awarded to Richard H Thaler for his contributions to behavioural economics. He was a key proponent of the idea that humans do not act entirely rationally. By applying insights from psychological research, he helped the world better understand people’s economic decision-making in particular.

Thaler published extensively in the field of finance. He pinpointed the difference between the predictions in financial literature, which assume that people act p...



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Zero Hedge

Bitcoin Tumbles Most In A Month On CFTC ICO Anxiety, South Korea Tax Concerns

Courtesy of ZeroHedge. View original post here.

After soaring to new record highs near $6000 last week (as China returned to work following its Golden Week holiday), the start of the National Congress last night, combined with CFTC comments on ICO crackdowns has spooked cryptocurrencies with Bitcoin down 8% - its biggest drop in a month..

Crytpos are down across the board...

With Bitcon back to a $5100 handle...

...

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Digital Currencies

Bitcoin Tumbles Most In A Month On CFTC ICO Anxiety, South Korea Tax Concerns

Courtesy of ZeroHedge. View original post here.

After soaring to new record highs near $6000 last week (as China returned to work following its Golden Week holiday), the start of the National Congress last night, combined with CFTC comments on ICO crackdowns has spooked cryptocurrencies with Bitcoin down 8% - its biggest drop in a month..

Crytpos are down across the board...

With Bitcon back to a $5100 handle...

...

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ValueWalk

Possible Female Shooter Seen Around University Of Missouri

By Michelle Jones. Originally published at ValueWalk.

The latest

The potential female shooter who was being sought around the university of Missouri campus has been located. No one was injured in the incident. Police located her about 35 minutes after the “active threat” alert was sent out by the university. She was safe, and there is no longer a threat.

Initial report

Police around the University of Missouri are searching for a potential female shooter around the campus. At this point though, there are no reports of anyone being shot. Officials at the University of Missouri say the woman may be suicidal and carrying a handgun, so they are advising students to “take appropriate actions.”

...

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Chart School

Guest Post by Paul Koger: 7 Ways Emotion Screws Up Your Trading (& How To Fix It)

Courtesy of Declan.

Going Tilt in trading is a killer which is why I trade a small account and buy-and-hold with the money I need for the future.  This infographic by Paul Koger illustrates how emotion influences your trading and ways of mitigating its pitfalls. 
For more from Paul visit Foxytrades.com

...

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Insider Scoop

Fortinet's Underappreciated Growth Story

Courtesy of Benzinga.

Related FTNT Benzinga's Top Upgrades, Downgrades For October 18, 2017 Watch These 8 Huge Call Purchases In Thursday Trade ...

http://www.insidercow.com/ more from Insider

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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Biotech

Circadian rhythm Nobel: what they discovered and why it matters

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

 

Circadian rhythm Nobel: what they discovered and why it matters

Courtesy of Sally Ferguson, CQUniversity Australia

Today, the “beautiful mechanism” of the body clock, and the group of cells in our brain where it all happens, have shot to prominence. The 2017 Nobel Prize in Physiology or Medicine has been awarded to Jeffrey C. Hall, Michael Rosbash and Michael W. Young for their work on describing the molecular cogs and wheels inside our biological clock.

In the 18th century an astronomer by the name of Jean Jacques d'Ortuous de Ma...



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Members' Corner

Day of Last Dances

News today has been relentlessly terrible. A horrific mass murder happened last night in Las Vegas. (Our politician's abject failure to address gun control is beyond sickening.) And today, reports that Tom Petty died of a heart attack, followed by reports that Tom Petty is not dead, and now reports confirming that Tom Petty has passed away. 

...

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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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