Posts Tagged ‘FRAN’

Cheap Upside Calls Change Hands On General Motors Co.

 

Today’s tickers: GM, FRAN & FDO

GM - General Motors Co. – Trading traffic in weekly options on General Motors today indicates some traders are positioning for shares in the automaker to rise to the highest level since Valentine’s Day during the next couple of trading sessions. Shares in GM are near their highs of the day, up 2.0% at $28.67 as of 11:40 a.m. in New York. The most actively traded weekly contracts as measured by volume on Wednesday morning are the Mar. 22 ’13 $29 strike call options, with upwards of 4,500 contracts in play versus zero open positions. It looks like most of the calls were purchased at a premium of $0.05 apiece. Call buyers stand ready to profit at expiration later this week should shares in GM rally another 1.3% to settle above the average breakeven point at $29.05. Traders long the calls at $0.05 per contract have seen the value of the contracts double this morning, with the options currently changing hands at $0.11 each as of 11:45 a.m. ET. Bullish bets are also on the rise at the April $29 strike, with around 900 calls purchased for an average premium of $0.49 per contract. Shares in General Motors are down roughly 2.5% since the start of 2013.

FRAN - Francesca’s Holdings Corp. – Shares in Francesca’s jumped 10.5% to $29.80 on Wednesday morning after the retailer of women’s apparel and accessories reported better-than-expected fourth-quarter earnings after the close on Tuesday. The sharp move in the price of the underlying shares sparked heavy options activity on the stock today, with volume topping 4,500 lots by midday on the East Coast versus average daily volume of around 1,600 contracts. Most of the activity is in April and May expiry put options, with some traders positioning for shares in Francesca’s to potentially pullback in the near term. The April $25 strike put options traded 1,300 times on Wednesday morning, and appear to have been mostly purchased at an average premium of $0.45 each. Similarly, the…
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Bearish Positions On The Rise In Wells Fargo Options

 

Today’s tickers: WFC, SNE & FRAN

WFC - Wells Fargo & Co. – Put activity on Wells Fargo this morning suggests some traders are positioning for shares in the name to decline next week. The put-to-call ratio on WFC is greater than 9-to-1 at present, with most of the volume building in the June puts with one week remaining to expiration. The stock is currently down 1.0% at $30.86, trading lower along with a number of the other big banks as markets await further news out of Europe. Put volume is heaviest at the Jun. $30 strike where more than 32,000 contracts have changed hands against open interest of 6,877 positions. Traders appear to have purchased most of the $30 puts for an average premium of $0.26 apiece and may profit at expiration if WFC shares decline another 3.6% to breach the average breakeven price of $29.74.

SNE - Sony Corp. – Call buying on the electronics producer this morning appears to be a medium-term bet that shares in Sony Corp. may rebound somewhat during the next four months. Shares in the electronics producer have been hammered this year, selling down to levels last seen in the 1980s. Sony’s shares are struggling again today, slipping 3.75% to $12.81 in the first half of the session. One or more traders driving up volume in October expiry call options are prepared to benefit should the stock reverse course. More than 4,500 calls changed hands at the Oct. $14 strike against open interest of 1,966 contracts. It looks like traders purchased most of the calls for an average premium of $1.08 apiece and stand ready to profit at expiration should Sony’s shares rally 17.7% to top the average breakeven price of $15.08.

FRAN - Francescas Holdings Corp. – Shares in the specialty retailer of…
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Phil's Favorites

Airlines are going bust in droves, so why do so many people try to launch them?

 

Airlines are going bust in droves, so why do so many people try to launch them?

‘Taxi for Flybmi.’ G Tipene

Courtesy of Loizos Heracleous, Warwick Business School, University of Warwick

Yet another airline has collapsed – this time British operation Flybmi, costing almost 400 jobs as hundreds of flights were cancelled at short notice. It is the latest in a ...



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Zero Hedge

Elon Musk Takes Out $50 Million in New Loans, Mortgaging Five Homes

Courtesy of Zero Hedge

We were one of the very first to speculate that Elon Musk had mortgaged 5 of his homes in late January, when we highlighted research by an internet sleuth on Musk's personal financial situation. According to public records cited by Tesla skeptic EVent Horizon and laid out in a timeline on Sutori in late January, Elon Musk looked as though he had leveraged some of his personal real estate.

A follow up report from Bloomberg ha...



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ValueWalk

Ray Dalio Gives 3 Financial Recommendations For Millennials

By Jacob Wolinsky. Originally published at ValueWalk.

Founder, Chairman and Co-Chief Investment Officer of Bridgewater Associates Ray Dalio talks to Julia La Roche in 2018 of Yahoo Finance about the value of savings and investing.

Ray Dalio Gives 3 Financial Recommendations For Millennials

Q4 hedge fund letters, conference, scoops etc

Trans...



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Kimble Charting Solutions

Giant Topping Pattern Could Be Forming, Says Joe Friday

Courtesy of Chris Kimble.

The first fact of the day; The long-term trend for tech remains up and the decline into the lows on Christmas Eve DID NOT break this trend!

This chart looks at NDX 100 ETF (QQQ) on a weekly basis over the past 14-years. For the past decade, since the lows in late 2009, QQQ has remained inside of rising channel (1). As you can see the decline into the end of the year lows, did nothing more than test support, which held and a strong rally has followed!

Over the past few months, QQQ could be forming a “Head & Shoulders&...



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Insider Scoop

Salesforce.com's Q4 Report Should Trigger Higher Valuation, Says Bullish Oppenheimer

Courtesy of Benzinga.

Related CRM Oppenheimer Praises HubSpot's Execution, Downgrades On Valuation Benzinga's Top Upgrade...

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Chart School

RTT browsing latest..

Courtesy of Read the Ticker.

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Thursday, 02 August 2018, 07:48:20 PM

Click for popup. Clear your browser cache if image is not showing.


Comment: $600 BN interest payments for US gov, print baby print



Date Found: Sunday, 05 August 2018, 09:22:26 PM

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Comment: Hire FED interest rates always brings double trouble



Date Found: Monday, 06 August ...

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Digital Currencies

Cryptos Are Surging: Bitcoin, Ethereum Hit One-Month Highs As Institutions Dip Toes

Courtesy of Zero Hedge

Cryptocurrencies are surging while the US equity markets take the day off. Ethereum is up over 18% from Friday's 'close' and the rest of the crypto space is a sea of green. While no immediate catalyst (headline or technical level) is clear, increasing chatter over institutional investors dipping their toes in the space have prompted an extension of the positive trend.

A sea of green...

Source: Coin360

Ethereum is leading the charge follow...



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Biotech

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

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

 

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Illustration of acute lymphoblastic leukaemia, showing lymphoblasts in blood. Kateryna Kon/Shutterstock

Courtesy of Alba Rodriguez-Meira, University of Oxford and Adam Mead, University of Oxford

...

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Members' Corner

Why Trump Can't Learn

 

Bill Eddy (lawyer, therapist, author) predicted Trump's chaotic presidency based on his high-conflict personality, which was evident years ago. This post, written in 2017, references a prescient article Bill wrote before Trump even became president, 5 Reasons Trump Can’t Learn. ~ Ilene 

Why Trump Can’t Learn

Donald Trump by Gage Skidmore (...



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Mapping The Market

Trump: "I Won't Be Here" When It Blows Up

By Jean-Luc

Maybe we should simply try him for treason right now:

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

By Asawin Suebsaeng and Lachlan Markay, Daily Beast

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the nationa...



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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

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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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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