Posts Tagged ‘HK’

Bullish Options Again Active On Halcon

 

Today’s tickers: HK, TSLA & DOW

HK - Halcon Resources Corp. – Shares in independent energy company, Halcon Resources Corp., began the trading session in negative territory, but a sudden burst of call buying on the stock just after 9:50 a.m. ET may have sparked the sharp reversal observed in the price of the underlying this morning. Halcon’s shares are currently up 3.0% on the session at $7.75 as of 11:00 a.m. in New York. The most actively traded options on Halcon Resources today are the Jan. 2015 $10 strike calls, with upwards of 9,600 lots in play versus open interest of 292 contracts. It looks like most of the calls were purchased at a premium of $1.45 apiece. The long-term bullish bets on Halcon pay off at expiration in 2015 as long as shares in the name rally nearly 50% to top the average breakeven point at $11.45. The Jan. 2015 expiry options saw heavy trading traffic last week as well, after more than 22,000 calls changed hands at the $12 striking price. The buyer or buyers of these contracts benefit from continued gains in the price of the underlying stock during the next year and a half. Halcon was rated new ‘Outperform’ with a target price range of $9.00 to $11.00 at Wells Fargo this week.

TSLA - Tesla Motors, Inc. – Bearish options are changing hands on Model S producer, Tesla, on Wednesday as shares in the electric car maker reverse some of the strong gains realized earlier in the week. Shares are currently down 7.4% on the session at $41.06 as of 11:45 a.m. ET after yesterday rallying to fresh all-time highs. The stock continues to trade up 8% since this time last week despite the pullback today. Tesla CEO and billionaire entrepreneur, Elon Musk, yesterday announced a new financing plan for the Model S and earlier this week said demand for the vehicle is stronger than anticipated. Shares in TSLA moved up as much as 23% on Monday in anticipation of Musk’s Tuesday…
continue reading


Tags: , ,




Call Volume Pops At Halcon Resources

 

Today’s tickers: HK, ZMH & RFMD

HK - Halcon Resources Corp. – Shares in energy company, Halcon Resources, rallied more than 6.0% to an intraday high of $7.74 on Tuesday morning, sparking heavy trading traffic in upside call options on the stock. Bursts of heavy call buying on the stock earlier in the session suggests one or more options traders are positioning for shares in Halcon to increase sharply in the near and long term. Traders looking for shares in HK to potentially rally to the highest level since September of 2012 by May expiration snapped up around 2,300 calls at the May $8.0 strike for an average premium of $0.36 each. The company is scheduled to report first-quarter earnings during the first full week in May. Bulls looked to October expiry calls, as well. It looks like traders picked up around 700 calls at the Oct. $9.0 strike for an average premium of $0.65 each, and purchased 1,100 call options at the Oct. $10 strike at an average premium of $0.47 apiece. Buyers of the October expiry $10 strike calls may profit at expiration in the event that Halcon’s shares surge 35% to top the average breakeven price $10.47. The most heavily traded contracts on HK on Tuesday morning were the Jan. 2015 $12 strike calls, which traded upwards of 22,000 times against open interest of 2,607 contracts. Trading in the $12 strike calls appears to be mixed, with the bulk of the contracts changing hands at $1.10 each. Strategists purchasing $12 strike calls on Halcon may profit at expiration in January of 2015 should shares in the energy company gain roughly 70% to trade above $13.10.

ZMH - Zimmer Holdings, Inc. – Options changing hands on the maker of knee and hip replacement products are looking for shares in Zimmer Holdings, Inc. to potentially decline during the next few weeks. Shares in ZMH are up 1.0% on Tuesday morning to stand at $73.45 as of 11:10 a.m. ET. The most actively traded contracts as measured by…
continue reading


Tags: , ,




Oracle Bulls Envision 10% Rally in Shares by June Expiration

Today’s tickers: ORCL, KFT, CLF, JPM, JCP, MCD, ROK, HK, TIE & LXK

ORCL – Oracle Corp. – Options players are initiating bullish stances on software development firm, Oracle Corp., today ahead of the company’s third-quarter earnings report scheduled for Thursday after the closing bell. Oracle’s shares rallied 0.95% during the current session to trade at a new 52-week high of $25.80. Medium-term optimists scooped up 10,600 call options at the June $28 strike for an average premium of $0.37 per contract. Perhaps plain-vanilla call buyers foresee continued bullish movement in the price of Oracle’s shares through expiration in June. Investors long the calls accrue profits if shares of the underlying stock surge 10% from the current price to breach the breakeven point at $28.37 by expiration day.

KFT – Kraft Foods, Inc. – Voracious investor appetite for call options on Kraft Foods this afternoon pushed the KFT ticker symbol onto our ‘most active by options volume market scanner’ as shares of the U.S. food maker jumped 2.25% to a new 52-week high of $30.40. It looks like one particularly bullish individual satisfied his hunger for Kraft-calls by purchasing a large chunk of 16,000 contracts at the September $32 strike for a premium of $0.69 apiece. The investor holding the call options is prepared to reel in profits on the position if Kraft’s shares rally another 7.50% from the current value to surpass the breakeven price of $32.69 by expiration day in September.

CLF – Cliffs Natural Resources, Inc. – Shares of iron ore pellet producer, Cliffs Natural Resources, jumped more than 6.00% during the trading day to arrive at a fresh 52-week high of $69.34. Investors celebrated Cliffs’ new high by enacting a plethora of bullish options strategies on the stock. One such individual established a ratio risk reversal in order to cover the cost of taking a long position in Cliffs-calls. The optimistic trader sold 1,500 deep in-the-money put options at the July $75 strike for a premium of $11.50 per contract, and purchased 3,000 calls at the same strike for an average premium of $4.51 each. The reversal player pockets a net credit of $2.48 per contract on the transaction, which he keeps if shares of the underlying stock rally up to or above $75.00 by expiration. Additional profits also accumulate for the trader should shares breach the effective breakeven price of $75.00. Other bullish investors initiated…
continue reading


Tags: , , , , , , , , ,




 
 
 

Zero Hedge

"These Numbers Are Ugly" - WTO Forecasts Collapse In World Trade, Recovery For 2021

Courtesy of ZeroHedge View original post here.

"World trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world," the WTO report said. 

The Geneva-based body does not see a recovery in global trade until 2021, and even then, the outcome of recovery is mainly dependent "on the duration of the outbreak and the effectiveness o...



more from Tyler

The Technical Traders

Adaptive Fibonacci Suggests Much Lower Prices Yet To Come - Part I

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system suggests a much deeper price move is in the works and the current price rally will likely end near resistance levels identified by the Adaptive Fibonacci Price Modeling system.  We are posting this research post for friends and followers to help them understand the true structure of price and to allow them to prepare for what we believe will become a much deeper downside price move in the future.

Fibonacci Price Theory teaches us that price moves in waves within up and down price cycles. The recent peak in price, near February 25, 2020, has resulted in a very deep -36% price collapse in the S&P 500 (ES) recently. This dow...



more from Tech. Traders

Phil's Favorites

Striking Amazon, Instacart employees reveal how a basic economic principle could derail our ability to combat the coronavirus

 

Striking Amazon, Instacart employees reveal how a basic economic principle could derail our ability to combat the coronavirus

Samuel Diaz, a delivery worker for Amazon Prime, loads his vehicle with groceries from Whole Foods in Miami. AP Photo/Lynne Sladky

Leigh Osofsky, University of North Carolina at Chapel Hill

A series of recent protests by the workers preparing and delivering our essential foods and other goods highlights a key risk to our ability to combat the coronavirus.

Some employees at an Amazon warehouse and Instacart “shoppers” ...



more from Ilene

Biotech/COVID-19

In the rush to innovate for COVID-19 drugs, sound science is still essential

 

In the rush to innovate for COVID-19 drugs, sound science is still essential

Employees work on the production line of chloroquine phosphate, resumed after a 15-year break, in a pharmaceutical company in Nantong city in east China’s Jiangsu province Thursday, Feb. 27, 2020. Feature China/Barcroft Media via Getty Images

Christopher Robertson, University of Arizona; Alison Bateman-House, ...



more from Biotech/COVID-19

ValueWalk

Coronavirus symptoms, causes, prevention and cure

By Jacob Wolinsky. Originally published at ValueWalk.

The best case situation for Coronavirus or COVID-19 is that in a few weeks it dies down and things get back to normal. However, we must entertain the possibility of a far more frightening scenario.

Warmer weather may not hurt coronavirus

April 8, 2020 Update: The number of coronavirus cases in New York State has now topped the number in Italy. New York Gov. Andrew Cuomo said 779 people died of COVID-19 in the state in a single day, marking the highest one-day death total from the virus. More than 6,200 people have died of the virus in New York, which Cuomo said is double the number of people who died there in the Sept. 11, 2001 terrorist attacks.

Many experts have been counting on the warmer months providing some relief from the coronavirus. However, a National Academies of Sciences panel told the White House t...



more from ValueWalk

Kimble Charting Solutions

Market Crash Reversal Patterns "Experiment" With History!

Courtesy of Chris Kimble

S&P 500 Index versus “Inverted” 30 Year Yield “monthly” Chart

Stocks and treasury bond yields had a wild (and scary) month of March as the financial markets crashed to new lows.

In today’s chart, we highlight this by looking at long-term “monthly” chart of the S&P 500 Index versus an “inverted” 30 Year US Treasury Bond Yield.

Note that inverting charts offers a different perspective and reduces bias. For more on this, ...



more from Kimble C.S.

Chart School

The Big Short movie guides us to what is next for the stock market

Courtesy of Read the Ticker

There is nothing new in WallStreet, it is only the players that change. Sometimes a market player or an event gets ahead of the crowd and WallStreet has to play catch up.

Previous Post Dow 2020 Crash Watch Dow, Three strikes and your out!

It is important to understand major WallStreet players do not want to miss out on a money making moves.  







...

more from Chart School

Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

http://www.insidercow.com/ more from Insider

Members' Corner

10 ways to spot online misinformation

 

10 ways to spot online misinformation

When you share information online, do it responsibly. Sitthiphong/Getty Images

Courtesy of H. Colleen Sinclair, Mississippi State University

Propagandists are already working to sow disinformation and social discord in the run-up to the November elections.

Many of their efforts have focused on social media, where people’s limited attention spans push them to ...



more from Our Members

Digital Currencies

While coronavirus rages, bitcoin has made a leap towards the mainstream

 

While coronavirus rages, bitcoin has made a leap towards the mainstream

Get used to it. Anastasiia Bakai

Courtesy of Iwa Salami, University of East London

Anyone holding bitcoin would have watched the market with alarm in recent weeks. The virtual currency, whose price other cryptocurrencies like ethereum and litecoin largely follow, plummeted from more than US$10,000 (£8,206) in mid-February to briefly below US$4,000 on March 13. Despite recovering to the mid-US$6,000s at the time of writin...



more from Bitcoin

Promotions

Free, Live Webinar on Stocks, Options and Trading Strategies

TODAY's LIVE webinar on stocks, options and trading strategy is open to all!

Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

...

more from Promotions

Lee's Free Thinking

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

 

Why Blaming the Repo Market is Like Blaming the Australian Bush Fires

Courtesy of  

The repo market problem isn’t the problem. It’s a sideshow, a diversion, and a joke. It’s a symptom of the problem.

Today, I got a note from Liquidity Trader subscriber David, a professional investor, and it got me to thinking. Here’s what David wrote:

Lee,

The ‘experts’ I hear from keep saying that once 300B more in reserves have ...



more from Lee

Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

...

more from M.T.M.





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...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. Contact Ilene to learn about our affiliate and content sharing programs.