Posts Tagged ‘WBMD’

Bullish Bets On WebMD Pay Off For Some Traders As Shares Rip Higher

Today’s tickers: WBMD, ZQK & IP

WBMD - WebMD Health Corp. – Shares in health information services provider, WebMD Health Corp., are on a tear today, up as much as 31% at a new 52-week high of $35.28 during morning trading after the company raised its full year profit and revenue forecast. The stock has increased more than 160% since November of 2012 when the shares touched down at an all-time low of $13.13. Options traders who picked up far out of the money call options on WBMD during recent weeks are enjoying big gains in the value of their positions today amid double-digit percentage gains in the price of the underlying. Of note, was the purchase of around 350 of the Jul $35 strike calls at a premium of $0.20 apiece back on June 6th when shares in the name were hovering around $29.50. The $35 strike calls are currently changing hands at four times that amount, with the last-traded price at $0.80 per contract as of 11:45 a.m. in New York. Traders initiating bullish positions on the stock last week appear to have purchased around 220 calls at the Aug $35 strike for a premium of $0.40 per contract on Monday morning. The rally in shares today has lifted premium on the Aug $35 call options to $2.25 as of the time of this writing. Finally, traders positioning for the price of the underlying to continue higher next week appear to have purchased around 850 of the Jul $35 strike calls this morning for an average premium of $0.95 apiece. These contracts make money at expiration next week as long as shares in WebMD rally another 5.0% over the current price of $34.25 to exceed the average breakeven point at $35.95. WebMD Health Corp. is scheduled to report second-quarter earnings after the closing bell on July 31st.

ZQK - Quiksilver, Inc. – Apparel and accessory company, Quiksilver, popped…
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WebMD Options In Play As Shares Nosedive

 

Today’s tickers: WBMD, AMAT & BRCD

WBMD - WebMD Health Corp. – Shares in the health information services provider dropped like a rock, falling 32.0% to as low as $25.01 on Tuesday, on news talks to potentially sell the company have ended, net income is expected to be lower in 2012, and the CEO of the company has resigned. The steep pullback in the price of the underlying saw heavier-than-usual activity in WebMD calls and puts, with intraday volume rising to 14,800 in early-afternoon trade against overall open interest of 29,100 positions. Though some strategists engaged in bearish put buying in the name, it appears much of the action was initiated by investors gearing up for a potential rebound in the stock. Roughly 1.6 call options changed hands on WebMD for each single put option in play thus far in the session. Calls are most active at the Jan. $30 strike where more than 2,200 contracts traded against open interest of just 4 positions. Earlier this morning, with shares hovering around $26.00, investors paid an average of $0.35 per contract for the right to buy the stock at $30.00 by January expiration. The modest intraday recovery since then has lifted premium to buy the calls up to $0.50 as of 1:40 PM in New York. Traders long the calls at an average of $0.35 each may profit at expiration if shares in WBMD surge 13.25% over the current price of $26.80 to exceed the average breakeven point at $30.35. Meanwhile, put buyers in the front month at the $22.5 and $25 strikes may see the value of their options rise if shares take another hit ahead of expiration next week.

AMAT - Applied Materials, Inc. – A large trade in Applied Materials…
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Ratio Put Spreader Tunes in to DISH Network Corp. Options

Today’s tickers: DISH, LBTYA, HGG, VECO, WBMD, VLO & TFSL

DISH – DISH Network Corp. – The implementation of a ratio put spread on the U.S. provider of direct broadcast satellite subscription television service this afternoon was perhaps put on by an investor looking to lock in recent share price gains. DISH shares, which are currently up 2.4% on the day to arrive at $20.77 by 3:40 pm ET, have rebounded nearly 17.5% since touching down to $17.75 on July 1, 2010. It looks like one trader purchased 3,000 puts at the December $20 strike for an average premium of $1.58 each, and sold 6,000 puts at the lower December $18 strike for an average premium of $0.83 a-pop. The investor responsible for the transaction receives a net credit of $0.08 per contract, and keeps the full amount at long as DISH’s shares exceed $20.00 through December expiration. The trader is perhaps utilizing the spread to protect the value of a position in the underlying shares. If this is the case, downside protection kicks in should shares reverse course to trade below $20.00 by expiration day. The decision to employ a ratio spread rather than a 1-by-1 spread or a plain-vanilla long put stance suggests this investor does not expect DISH shares to collapse ahead of expiration at the end of 2010. The firm is scheduled to report second-quarter earnings ahead of the opening bell on August 9, 2010.

LBTYA – Liberty Global, Inc. – It looks like one options strategist expects shares of the international producer of video, voice and broadband internet services to remain range-bound through October expiration. Liberty Global’s shares are currently down 0.20% to stand at $29.65 as of 3:05 pm ET. LBTYA reported an adjusted net loss of $2.42 a share for the second quarter of 2010 after the market closed on Tuesday. But, shares moved very little following earnings. Perhaps the lack of fluctuation in the price of the underlying shares during earnings season bolstered the strangle seller’s premonition that LBTYA’s shares are likely to trade within a specified range for the next couple of months. The investor appears to have sold roughly 10,000 puts at the October $27.5 strike for a premium of $0.70 each in combination with the sale of about the same number of calls at the October $32.5 strike for an average premium of $0.35 apiece. The trader pockets…
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ValueWalk

Japan-EU Free Trade Deal Will Rival NAFTA In Size

By FactSet. Originally published at ValueWalk.

Earlier this month, the leaders of the European Union (EU) and Japan announced that they had an “agreement in principle” for a Japan-EU Economic Partnership Agreement. Having taken more than four years to negotiate, this new deal is expected to eliminate 99% of tariffs between the two partners and create an economic trading bloc comparable to the North American Free Trade Agreement (NAFTA) in size.

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Zero Hedge

Bitcoin (BTC/USD) Nears All-Time High on Spike Above Daily Chart Downchannel Resistance

Courtesy of ZeroHedge. View original post here.

Bitcoin (BTC/USD) crushed shorts yesterday, smashing above the daily chart's downchannel resistance and soaring towards the all-time high around 3000. With yesterday's massive rally, the negative weekly MACD crossover has been proved a false signal.  Odds are quite good that a sustainable longer term BTC/USD bottom was found last week, especially with ETH/USD also strongly rebounding this past week.  Some consolidation can be expected today with daily RSI and Stochastics tiring, although with daily MACD just having positive...



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Phil's Favorites

German Citizen Arrested in Turkey on Absurd Charges: Merkel, EU Essentially Look the Other Way

Courtesy of Mish.

As noted by the Guardian and other sources, German human rights consultant Peter Steudtner was detained at a human rights workshop on Monday with five others including Amnesty International’s country director, Idil Eser, for allegedly aiding a terror group.

In response, Germany issued a meaningless statement urging “caution” to which the Turkish foreign ministry hit back, accusing Germany of “blackmail and threats” and “direct interference in the Turkish judiciary”.

Eurointelligence is spot on with its analysis of the situation.
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Digital Currencies

Bitcoin Surges Above $2500 Following Goldman's Bullish Note As 'Civil War' Ends

Courtesy of ZeroHedge. View original post here.

Bitcoin is up 40% from its weekend lows as the combination of a bullish Goldman Sachs note on the virtual currency and a major sigh of relief that the potential 'civil war' over cryptocurrency's scaling solutions appears to be over (with over 80% of the hashrate currently voting for the protocol upgrade).

The entire cryptcurrency space is surging today...

...



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Insider Scoop

If The iPhone 8 Is Delayed, Will Anyone Care?

Courtesy of Benzinga.

Related AAPL Contract Manufacturers Are Joining Apple's Side As Qualcomm Legal Concerns Continue The Feds Hop In The Driver's Seat...

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Chart School

Small Caps Breakout

Courtesy of Declan.

It has taken a few days for Small Caps to make their move but today was the day the Russell 2000 joined other indices in mounting a breakout. It was a clean breakout supported by positive technical strength - putting to bed the June 'bull trap'. Watch for the second round of stop-whips with an intraday move (and recovery) below 1,430.


Other indices added to their breakouts. The S&P gapped and pushed on, backed by higher volume accumulation. Watch for a tag of upper channel resistance.

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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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OpTrader

swing trading portfolio - week of July 17th, 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

Immunotherapy: Training the body to fight cancer

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

 

Immunotherapy: Training the body to fight cancer

Courtesy of Balveen KaurThe Ohio State University and Pravin KaumayaThe Ohio State University

An oral squamous cancer cell (white) being attacked by two T cells (red), part of a natural immune response. ...



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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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