Posts Tagged ‘HAR’

Estee Lauder Calls Active Ahead Of Earnings

Today’s tickers: EL, HAR & UBNT

EL - Estee Lauder Companies Inc. – Shares in Estee Lauder are bucking the trend today, up 0.85% at $66.57 as of 12:15 p.m. ET, amid a down day for U.S. stocks. Options on the manufacturer of skin care, makeup, fragrance and hair care products are more active than usual ahead of the company’s fourth-quarter earnings report next Thursday after the closing bell, with overall volume approaching 3,000 contracts as compared to average daily volume of around 650 contracts. EL shares have surrendered roughly 8.0% of their value since touching a 52-week high of $72.70 back on May 28th, but options changing hands on the stock today suggest some traders are positioning for the price of the underlying to recover in the near term. The Sep $70 strike calls are the most actively traded contracts thus far in the session, with around 2,200 lots in play against open interest of 389 contracts. It looks like much of the volume was purchased for an average premium of $0.80 apiece, thus positioning buyers of the contracts to profit at September expiration in the event shares gains more than 6.0% to surpass the average breakeven point at $70.80.

HAR - Harman International Industries, Inc. – Trading traffic in Harman International Industries options today suggests some traders are gearing up for shares in the name to push higher in the near term. The stock increased as much as 6.6% today to touch a new 52-week high of $69.16 after the maker of stereo and audio equipment reported fourth-quarter earnings and revenue growth above analyst estimates. Traders positioning for shares in Harman to extend gains appear to be snapping up August expiry calls. The most actively traded front month calls as measured by volume are the Aug $70 strike contracts, with…
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Perfect World Co. Options Active As Shares Drop

Today’s tickers: PWRD, HAR & AVL

PWRD - Perfect World Co., Ltd. – Options on Perfect World Co., Ltd. are more active than usual today with shares in China’s largest online game developer and operator down 27.0% at $8.77 this afternoon. The stock plunged after a report posted on Chinese blog Tianya alleged the Company is being investigated by Chinese and U.S. regulators. Short notes out on Bloomberg this morning suggest the report has been removed from the blog and that Perfect World has since denied the allegations. Options players snapped up both call and put options in the front month to prepare for either a rebound in the price of the underlying or further declines in the next two weeks. Investors bracing for further bearish movement in the shares purchased in- and out-of-the-money puts. Volume is heaviest at the Jan. $11 strike where some 2,415 deep in-the-money puts changed hands against open interest of 441 contracts. It looks like trader purchased the majority of these puts for an average premium of $0.58 a-pop. The Jan. $9.0 and $10 strike puts also drew buyers, and appear to have been purchased more than 1,000 times each at average premiums of $0.43 and $0.54, respectively. Finally, the Jan. $8.0 strike puts changed hands more than 500 times against open interest of just 52 contracts today. Investors purchased most of the volume, paying an average premium of $0.26 each. Put buyers targeting the $8.0 strike contracts may profit at expiration if shares in PWRD drop 11.7% from the current price of $8.77 to breach the average breakeven point on the downside at $7.74. Meanwhile, traders prepared to see the stock rebound picked up more than 1,350 calls at the Jan. $10 strike for an average premium of $0.51 per contract. Profits may be available to call buyers at expiration day if shares in the game developer rally 20.0% to top $10.51. Overall options volume on the name is greater than 12,400…
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PSW Rewind of 2009 – The First Quarter

Thursday's close was very exciting, wasn't it?

Well it sure was for us as my 10:01 Alert to Members was a play on the DIA Jan $103 puts at .56.  Thanks to the late afternoon dip, they finished the day at .90 (up 60%) after peaking out at .95, a very nice win to close off the year.  That was the only Alert trade all week as this market has been too tough to call and we don't make trades just for the hell of it.  I had been sniping at DIA puts all week expecting a pay-off but Thursday it finally came together.

Of course, I also strongly advocated hedging on Thursday morning and listed 4 trade ideas in the morning post to hedge ourselves against the possibility of just such a drop so don't say you haven't been warned.  Whether there will be follow-through on Monday or a full reversal remains to be seen and, even if I knew, I wouldn't tell you here because this is a review – predictions are another article entirely

We treaded very cautiously into last year because our PSW Holiday Retail Survey was not looking very pretty so it was no surprise to us, on Dec 26th, when we got some horrific retail reports.  These are, of course, the same reports that we "beat" this year – but not by much.  Dec 29th was Monday and Israeli jets attacked Hamas targets in the Gaza sending oil flying up to $48 a barrel.  That gave us a nice commodity rally into the close of the year but January 2nd was a Friday and we decided (fortunately) to take the money and run on our long plays, holding open our main cover of SKF Jan $120s at $4.35, which hit $80 later in the month (up 1,732%) and USO Feb $32 puts at $3.40, which hit $10.50 in the Feb dip (up 208%) so, on the whole, not too differently positioned than we are now, coming into the new year.  Visually 2009 looked a little like this:

January – Waiting for Obama, or Something, to Change

We began January much the same way we ended December with my Wed Jan
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Zero Hedge

Hong Kong Protests Go Global: China Demands Investigation After Lam's Justice Minister Wounded In London

Courtesy of ZeroHedge View original post here.

Chinese officials slammed American lawmakers who are advancing a bill designed to protest Hong Kong's quasi-independent status guaranteed by the legal handover agreement between the British and the Chinese, but the US isn't the only major western power that's creating problems with the increasing dangerous situation in Hong Kong.

Hong Kong's Justice Minister Teresa Cheng took a nasty tumble last night during a confrontation with pro-democracy sympathizers who came out to protest her presence in London. ...



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Phil's Favorites

Fed's Powell Says Forensic Work Ongoing on Liquidity Crisis; This Chart Shows Why He's Worried

Courtesy of Pam Martens

Stock Price of Deutsche Bank, Lincoln Financial and Goldman Sachs Since                  September 17, 2019 When the Fed Began Pumping Money Into Wall Street

By Pam Martens and Russ Martens: November 15, 2019 ~

Yesterday, for the second day in a row, the Chairman of the Federal Reserve, Jerome Powell, gave testimony and took questions before a Congressional Committee. On Wednesday it was the Joint Economic Committee; yesterday i...



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Biotech

Why telling people with diabetes to use Walmart insulin can be dangerous advice

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

 

Why telling people with diabetes to use Walmart insulin can be dangerous advice

A vial of insulin. Prices for the drug, crucial for those with diabetes, have soared in recent years. Oleksandr Nagaiets/Shutterstock.com

Courtesy of Jeffrey Bennett, Vanderbilt University

About 7.4 million people ...



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The Technical Traders

What happens To The Global Economy If Oil Collapses Below $40 - Part II

Courtesy of Technical Traders

In the first part of this research article, we shared our ADL predictive modeling research from July 10th, 2019 where we suggested that Oil prices would begin to collapse to levels near, or below, $40 throughout November and December of 2019.  Our ADL modeling system suggests that oil prices may continue lower well into early 2020 where the price is exp...



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Chart School

Dow Jones cycle update and are we there yet?

Courtesy of Read the Ticker

Today the Dow and the SP500 are making new all time highs. However all long and strong bull markets end on a new all time high. Today no one knows how many new all time highs are to go, maybe 1 or 100+ more to go, who knows! So are we there yet?

readtheticker.com combine market tools from Richard Wyckoff, Jim Hurst and William Gann to understand and forecast price action. In concept terms (in order), demand and supply, market cycles, and time to price analysis. 

Cycle are excellent to understand the wider picture, after all markets do not move in a straight line and bear markets do follow bull markets. 



CHART 1: The Dow Jones Industrial average with the 900 period cycle.

A) Red Cycle:...

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Insider Scoop

What Wall Street Thinks Of Google Cache

Courtesy of Benzinga

Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google announced a new partnership with Citigroup Inc (NYSE: C) to launc...



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Digital Currencies

Is Bitcoin a Macro Asset?

 

Is Bitcoin a Macro Asset?

Courtesy of 

As part of Coindesk’s popup podcast series centered around today’s Invest conference, I answered a few questions for Nolan Bauerly about Bitcoin from a wealth management perspective. I decided in December of 2017 that investing directly into crypto currencies was unnecessary and not a good use of a portfolio’s allocation slots. I remain in this posture today but I am openminded about how this may change in the future.

You can listen to this short exchange below:

...



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Kimble Charting Solutions

Silver Testing This Support For The First Time In 8-Years!

Courtesy of Chris Kimble

Its been a good while since Silver bulls could say that it is testing support. Well, this week that can be said! Will this support test hold? Silver Bulls sure hope so!

This chart looks at Silver Futures over the past 10-years. Silver has spent the majority of the past 8-years inside of the pink shaded falling channel, as it has created lower highs and lower lows.

Silver broke above the top of this falling channel around 90-days ago at (1). It quickly rallied over 15%, before creating a large bearish reversal pattern, around 5-weeks after the bre...



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Lee's Free Thinking

Today's Fed POMO TOMO FOMC Alphabet Soup Unspin

Courtesy of Lee Adler

But make no mistake, if the Fed wants money rates to stay down by another quarter, it will need to imagineer even more money.

That’s on top of the $281 billion it has already imagineered into existence since addressing its “one-off” repo market emergency on September 17. This came via  “Temporary” Repo Man Operations money, and $70.6 billion in Permanent Open Market Operations (POMO) money.

By my calculations that averages out to $7.4 billion per business day. That works out to a monthly pace of $155 billion or so.

If they keep this up, it will be more than enough to absorb every penny of new Treasury supply. That supply had caused the system to run out of money in mid September.  This flood of paper had been inundati...



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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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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:

 

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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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