Posts Tagged ‘GRPN’

ING US Call Buyers Look For Shares To Extend Post-IPO Rally

 

Today’s tickers: VOYA, GRPN & SIGM

VOYA - ING US, Inc. – Shares in ING Group’s U.S. retirement, investment and insurance business are up as much as 8.0% today to $26.98, the highest level since the company’s May 2nd IPO. ING US was rated new ‘buy’ at BTIG LLC with a 12-month target share price of $31.00 today. The stock has rallied nearly 40% over the IPO price of $19.50, and some options traders are positioning for the price of the underlying to extend gains during the second half of the year. November expiry options are the most active contracts by volume on VOYA today, with notable fresh interest in the Nov $25 and $30 calls. Traders appear to have purchased around 200 lots at each striking price for average premiums of $2.71 and $1.14 each, respectively. Call buyers stand ready to profit at November expiration should shares in ING US rally another 2.7% and 15% to surpass average breakeven prices of $27.71 and $31.14, respectively. Meanwhile, traders snapping up Nov $20 and $25 strike puts are positioned to make money in the event of a pullback in the price of the underlying through November expiration. The company is scheduled to report first-quarter earnings ahead of the open on Thursday. Overall options volume on VOYA is sizable, with more than 1,500 contracts in play as of 12:15 p.m. ET versus overall open interest on the stock of 190 contracts.

GRPN - Groupon, Inc. – A large trade in Groupon options in the early going on Monday looks for the price of the underlying to remain in the single-digits through January of 2014. Shares in GRPN are down 0.45% on the day at $6.94 as of 12:20 p.m. ET. The stock has increased roughly 30% since the company reported better-than-expected first-quarter revenue and a narrower-than-expected first-quarter loss on May 8th. It looks like one strategist betting shares in Groupon will trade below $10.00 through the start of 2014 sold around 50,000 calls at the Jan 2014 $10 strike for…
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Put Options Eye Fresh Lows For Groupon

 

Today’s tickers: GRPN, DLTR & CHS

GRPN - Groupon, Inc. – Shares in Groupon are up 11.11% at $11.00 today on expectations the company may report better-than-expected first-quarter earnings after the final bell. Options on the stock are quite active as well, but not all of the positioning is looking for a positive earnings surprise tonight. Fresh interest building in the June expiry puts portends potential fresh record lows for the shares in the near future. One-by-two June $7.0/$9.0 ratio put spreads purchased this morning position traders to profit from limited bearish movement in the price of the underlying during the next five weeks. Of the more than 3,300 put options in play at the June $7.0 and $9.0 strikes, the largest blocks of options changing hands are the purchase of 486 $9.0 strike puts spread against the sale of 972 $7.0 strike options, done at a net premium outlay of $0.33 per contract. The ratio spread may be a profitable strategy should Groupon’s shares drop 21.1% to slip beneath the effective breakeven point at $8.67. Maximum possible profits of $1.67 per contract are available on the positions if shares in the name drop 36.4% to settle at $7.00 at June expiration. Groupon’s shares on Friday traded down to an all-time low of $9.63.

DLTR - Dollar Tree Stores, Inc. – Bearish options are in play on Dollar Tree, Inc. this morning ahead of the discount consumer goods retailer’s first-quarter earnings report on Thursday. Shares in Dollar Tree are currently down 1.5% at $101.05 as of 12:50 in New York. It looks like the investor buying a sizable debit put spread on DLTR this morning paid an average net premium of $3.31 per contract for a roughly 3,000-lot June $85/$100 spread. The position makes money if shares in…
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Monday Musings – New Quarter Not So Shiny

I played poker this weekend.

I entered a few tournaments in Atlantic City, made it to a couple of final tables but didn't win any.  It did remind me that a bluff can only get you so far – at a certain point, you have to actually have the cards in order to win.  As I pointed out to Members this morning – the Global Markets have bluffed their way through the first quarter and now comes earnings season and it's time for the economy to show it's cards and now we'll see who ends up with all the chips!  

Just this morning we got this disturbing data:  

These are NOT cards you want to be playing with unless you are forced.  That's the thing, GS, JPM, MS, Fund Managers, etc – they HAVE to play.  Since they have to play whatever cards that are dealt – they do the logical thing – THEY BLUFF!  Although what's scary about the Banksters is that, when they bluff, it's like the dealer bluffing because they control so much of the game and their only real goal is to get you to play so they can rake…
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Groupon Options Draw Sizable Spread Strategy

Today’s tickers: GRPN, PNR & NVDA

GRPN - Groupon, Inc. – The provider of a diverse mix of local daily deals featuring anything from Botox injections and manicures to fine-dining experiences and cupcakes, popped up on our scanners this morning after a sizable options combo play was initiated in the May expiry. Shares in Groupon are in negative territory this afternoon, but earlier increased as much as 2.6% to touch an intraday high of $18.76. The stock, which reached a peak of $27.78 in its first day as a publicly traded company back in November, just about halved in value in the weeks following the IPO. Quick rallies in the share price paired with subsequent pullbacks have been a fairly consistent pattern for GRPN shares in 2012, though recently the stock price has been less volatile, trading in the range of roughly $16.25 to $18.60 in the past few weeks. Perhaps the relative stagnation in the shares spurred one option strategist to position for the stock to take another stab at the upside in the next couple of months. The trader appears to have sold 5,000 May $13 strike put options in order to partially finance the purchase of a 5,000-lot May $19/$22 call spread, all for a net premium outlay of $0.55 per contract. The three-way spread prepares the trader to make money should GRPN’s shares rally 7.8% over the current price of $18.14 to surpass the average breakeven point at $19.55 by expiration in May. Maximum possible profits of $2.45 per contract are available on the position as long as shares in the daily deals provider jump 21.3% to settle above $22.00 at expiration. Groupon, Inc. is scheduled to report first-quarter earnings after the market closes on May 8th.

PNR - Pentair, Inc. – Shares in both…
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Friday Finale – This is the End – But for Who?

SPY DAILYA day late and a point short on the S&P.  

Our senior index finished the day at 1,358.04, just 0.96 under our 10% line at 1,359.  Oddly enough, it never actually crossed the line that we had predicted would be the top of this run in April of 2009.  It's a simple 2% overshoot of the 100% run from the S&P bottom at 666.  

If the S&P can get over the line and hold it – we will be THRILLED to finally redraw our Big Chart but, if not, then this is just the blow-off top of the range, reeling in the suckers ahead of the big reversal that no one could have possibly seen coming (except this guy but he's like 100 and just got divorced, so he's bound to be in a bad mood).  

Is there anyone who was born SINCE radio who is willing to still be bearish?  As you can see from David Fry's chart, since December 19th, other than a few red days out of over 40 – it's been tough to be a bear.  This is what it was like in 1999, when the experienced market players would be well-hedged and missing the rally while some kid who works for him quits because he bet his student loan money on Yahoo and now drives a Porsche.   

Sure 9 months later the Porsche was repossessed and the kid was flipping burgers but WE WANT TO BE THAT KID – IT'S FUN TO BE THAT KID – until it isn't again.  The funny thing is, we only gave those dot com companies Millions when they IPO'd – now we give out Billions because, of course, this time is different, it's a new paradigm, this changes everything, you have to understand the new metrics, sock puppets rule….  

McDonald's was founded in 1940 by two brothers actually named McDonald.  Ray Krok bought the chain from them and created the World's greatest franchise which now has over 26,000 franchise operations and over 6,000 company stores employing about 1.7M people worldwide selling $24Bn worth of food a year with a $5Bn net profit.  Facebook has 3,200 people but they generate $1.2M in revenues per employee ($3.8Bn) and drops $1Bn to the bottom line.  Facebook's assets are mainly IP and those are about as valuable as MySpace's assets now
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ValueWalk

Here's The Next Move In Australia's Unfolding Natgas Crisis

By PiercePoints. Originally published at ValueWalk.

I wrote a few months back about major problems shaping up in Pacific natural gas markets. With key liquefied natural gas (LNG) exporter Australia threatening to restrict outgoing shipments due to looming domestic shortages.

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Phil's Favorites

How much longer will Maduro's grip on power last? Look to the military

 

How much longer will Maduro's grip on power last? Look to the military

Courtesy of David Pion-Berlin, University of California, Riverside

If the Venezuelan military withdraws support for President Nicholás Maduro, his end may be near.

A large middle class has been thrust into poverty in Venezuela. Food and medicine are in short supply, and malnourishment is widespread. Security forces have violently beaten back security forces and jailed leading opposition figures.

Reigning over this disaster is Maduro, who ...



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Zero Hedge

Spanish Bond Yields Plunge To Record Lows As 'Economy Improves' (Just Don't Tell The Nation's Youth)

Courtesy of ZeroHedge. View original post here.

Spain’s two-year bond yields have collapsed to a record low -35bps this week and Portugal's followed suit, plunging near record low levels as Draghi's "whatever it takes" has benefitted all those front-running bondholders but left youth unemployment hovering still near record-high levels.

...

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Insider Scoop

10 Stocks To Watch For August 17, 2017

Courtesy of Benzinga.

Related SMRT Earnings Scheduled For August 16, 2017 The Factors That Could Be Moving Short- And Long-Term Buyers ...

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Digital Currencies

Ukrainian Lawmakers Disclose $45 Million In Bitcoin Holdings

Courtesy of ZeroHedge. View original post here.

As Ukraine's crackdown on corruption continues, three lawmakers from Ukraine’s ruling party revealed this week that they own a combined $45 million in bitcoin, according to a report by RIA Novosti, a Russian foreign news service.

Their holdings came to light during mandatory financial disclosures by members of the Ukrainian parliament, part of an IMF-approved strategy to tamp down corruption in Ukraine. The country's democratic institutions, which were never very robust to begin with, have been further destabilized by...



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Chart School

Time to Short?

Courtesy of Declan.

We had the profit taking sell-off and then the bounce but is now the time for shorts to come in more aggressively? After yesterday's gapped gains there was a significant slow down in the market advance. This action presents an opportunity for shorts to attack.

The Semiconductor Index is one of the most attractive indices for shorts. The massive June bearish engulfing pattern remains dominant and offers guidance going forward. Tuesday's doji has the makings of a bearish harami cross.  Technicals are bearish and aligned in shorts favor.

...

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OpTrader

Swing trading portfolio - week of August 14th, 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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Biotech

Editing human embryos with CRISPR is moving ahead - now's the time to work out the ethics

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

Editing human embryos with CRISPR is moving ahead – now's the time to work out the ethics

Courtesy of Jessica BergCase Western Reserve University

There’s still a way to go from editing single-cell embryos to a full-term ‘designer baby.’ ZEISS Microscopy, CC BY-SA

The announcement by researchers in Portland, Oregon that they’ve successfully modified the genetic m...



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Members' Corner

Why we need to act on climate change now

 

Why we need to act on climate change now

Interview with Jan Dash PhD, by Ilene Carrie, Editor at Phil’s Stock World

Jan Dash PhD is a physicist, an expert at quantitative finance and risk management, and a consultant at Bloomberg LP. In his thought-provoking book, Quantitative Finance and Risk Management, A Physicist's Approach, Jan devotes a chapter to climate change and its long-term systemic risk. In this article, Ilene interviews Jan regarding his thoughts on climate change and the way it can affect our futu...



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Mapping The Market

The App Economy Will Be Worth $6 Trillion in Five Years

Courtesy of Jean-Luc

This would be excellent news for AAPL and GOOG to a lesser extent although not inconsequential:

The App Economy Will Be Worth $6 Trillion in Five Years 

In five years, the app economy will be worth $6.3 trillion, up from $1.3 trillion last year, according to a report released today by app measurement company App Annie. What explains the growth? More people are spending more time and -- crucially -- more money in apps. While on average people aren't downloading many more apps, App Annie expects global app usership to nearly double to 6.3 billion people in the next five years while the time spent in apps will more than double. And, it expects the...



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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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About Phil:

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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