Posts Tagged ‘RLD’

Potbelly Options In Focus As Stock Soars After Earnings

PBPB – Potbelly Inc. – Better than expected third-quarter earnings reported by sandwich purveyor Potbelly on Tuesday pushed shares in the name up as much as 20% today to $32.57, the highest level since October 8th. The blowout earnings report is the first quarterly release from the sandwich chain since the company’s IPO six weeks prior.

Upside calls purchased on PBPB yesterday ahead of the company’s earnings release are generating sizable gains for some traders today. The Nov $30 strike calls were active on Tuesday, with a burst of trading traffic observed during the final 10 minutes of the session yesterday. It looks like much of the late-day activity was the work of one trader buying approximately 450 of the $30 calls, most at a premium of $0.55 each. The sharp rally in Potbelly shares today now finds the $30 strike call options changing hands at $1.25 per contract as of 11:15 a.m. EST.

Overall options volume on PBPB of around 2,900 contracts this morning is well above the stock’s average daily volume of close to 400 contracts. The bulk of the trading is in Potbelly calls, with the call/put ratio near 4.5 as of the time of this writing. 

RLD – RealD Inc. – Shares in the licenser of 3D and visual technologies to motion picture exhibitors are spiking today, up as much as 27% to touch $8.89, the highest level since August 26th, after the company reported a narrower than expected second-quarter loss.

Options changing hands on RealD this morning indicates some traders are positioning for shares in the name to extend gains during the next few months. The most traded contracts on RLD thus far in the session are the Feb ’14 $10 strike calls, with upwards of 790 lots in play against open interest of 302 contracts. Time and sales data suggests most of the volume was purchased at a premium of $0.50 each. Traders long the $10 calls stand ready to profit at expiration next year in the event that RealD shares rally another 18% over today’s high of $8.89 to exceed the breakeven price of $10.50. 


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Seeing Your Blind Spots

 

Seeing Your Blind Spots

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“The first principle is that you must not fool yourself — and you are the easiest person to fool.”

-Richard Feynman

Anybody who has ever tried to beat the market knows that understanding psychology is just as important as understanding a business. You can know a company’s return on equity to the third decimal and what management likes to do with excess capital, but if you don’t understand prospect theory or confirmation bias, you’re missing the most important elements of what it takes to be a successful investor...



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Zero Hedge

OPEC Pops The Question - Will Russia Say "I Do"?

Courtesy of ZeroHedge. View original post here.

Authored by Herman Wang via Platt's "The Barrel" blog,

OPEC is drafting an agreement to tie Russia into a so-called “super group” of oil producers.

Details on the proposal are vague and the Kremlin’s willingness to consider such a betrothal is uncertain, despite some positive vibes between Russia and OPEC kingpin Saudi Arabia at the moment.

In tryi...



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ValueWalk

Warren Buffett's Advice for Small Business 2018

By joniferdingcong. Originally published at ValueWalk.

The Master Investor gives top tips for budding entrepreneurs, startups, and small businesses.

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Chart School

Weekly Market Recap Feb 18, 2017

Courtesy of Blain.

BOO YAH! Now that’s more like it!  Your regularly scheduled non stop up market returned this past week with a “5 for 5” week (all 5 days up).  Three of those days were >1% so it was a return of the bulls.  That said to return to the “Trump market” we need to get back to almost no volatility and incremental up days of 0.3% or so 80% of the time.   We noted in last week’s recap the NYSE McClellan Oscillator was still VERY oversold so a “snapback rally” was still on the docket.  That was quite a snapback rally!  So the “easy part” of the bounce just happened – now we will see if we are going to return to a more volatile future or go right back to the sleepy market that tacks on a little 4 out of 5 ...



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Digital Currencies

As Bitcoin Nears $11,000, Here's A History Of Its Biggest Ups And Downs

Courtesy of ZeroHedge. View original post here.

The cryptocurrency rebound off Feb 5th's bloodbath lows (below $6,000 for Bitcoin) has been impressive, as a 'mysterious' massive buyer 'bought the dip' and momentum took care of the rest.

With Bitcoin now nearing $11,000 (almost a double off the lows), ...



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Insider Scoop

Walmart, Target Are Susquehanna's Top Picks Ahead Of Retail Earnings Season

Courtesy of Benzinga.

Related WMT Upcoming Earnings: Hurricane Effects Still Trickling Through For Home Depot? Did Walmart Meet It...

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Biotech

What is 'right to try,' and could it help?

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

 

What is 'right to try,' and could it help?

In this March 18, 2011 photo, Cassidy Hempel waved at hospital staff as she was being treated for a rare disorder. Her mother Chris, left, fought to gain permission for an experimental drug. AP Photo/Marcio Jose Sanchez

Morten Wendelbo, Texas A&M University and Timothy Callaghan, ...



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Mapping The Market

The tricks propagandists use to beat science

Via Jean-Luc

How propagandist beat science – they did it for the tobacco industry and now it's in favor of the energy companies:

The tricks propagandists use to beat science

The original tobacco strategy involved several lines of attack. One of these was to fund research that supported the industry and then publish only the results that fit the required narrative. “For instance, in 1954 the TIRC distributed a pamphlet entitled ‘A Scientific Perspective on the Cigarette Controversy’ to nearly 200,000 doctors, journalists, and policy-makers, in which they emphasized favorable research and questioned results supporting the contrary view,” say Weatherall and co, who call this approach biased production.

A second approach promoted independent research that happened to support ...



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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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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

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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.

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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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