Posts Tagged ‘HST’

Overstock.com Calls Active Ahead Of Q3 Earnings Report

OSTK – Overstock.com, Inc. – Options on Overstock.com are more active than usual to kick off the trading week ahead of the company’s third-quarter earnings report prior to the opening bell on Thursday. Volume in OSTK options is currently above 1,100 contracts versus the stock’s average daily options volume of around 215 contracts. Shares in the name are off 0.70% on the session to stand at $29.05 as of 11:45 a.m. ET.

The most actively traded options contracts on the online discount retailer as measured by volume today are the Oct $35 calls, with roughly 480 lots in play against open interest of 222 contracts. Time and sales data suggests most of the volume was purchased for a premium of $0.25 each. Traders long the $35 calls stand ready to profit at expiration this week in the event that Overstock.com’s shares jump 21% over the current price of $29.05 to exceed the breakeven point at $35.25. Shares in OSTK last traded above $35.25 at the end of July.

HST – Host Hotels & Resorts Inc. – Trading in Host Hotels & Resorts put options on Monday morning indicates some traders may be bracing for shares in the name to decline ahead of expiration at the end of the week. Shares are off 0.80% today at $17.77 as of 12:25 p.m. ET.

Heavy trading in front month puts on the owner of a portfolio of luxury hotels pushed HST onto our ‘hot by options volume’ market scanner during the first 30 minutes of the session, with volume in the Oct $17 puts topping 5,000 contracts versus open interest of 334 contracts. It looks like most of the Oct $17 puts were purchased at a premium of $0.10 each. Buyers of the $17 puts may profit at expiration this week if shares in Host Hotels decline 5.0% from the current price of $17.77 to breach the breakeven point on the downside at $16.90.

Overall options volume on HST is up above 6,100 contracts as of the time of this writing, well above the stock’s average daily level of 280 contracts. The company is scheduled to report third-quarter earning before the open on November 5th


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Host Hotels & Resorts Put Options Sold

Today’s tickers: HST, GSI, CST, MGM, UNH, AMD, XLI & XLY

HST Host Hotels & Resorts, Inc. – The stock has shed more than 9% to stand at $7.66 on the day. One investor has positioned himself to have shares put to him by expiration in June should shares continue to decline. The sale of 13,000 puts at the June 7.5 strike price for an average premium of 73 cents apiece allows this individual to accept the premium today while bearing the risk that shares continue to decline through $7.50 by expiration. If the puts land in-the-money, he will likely have the shares put to him at an effective price of $6.77. The stock last traded at $6.76 back on January 16, 2009 after declining from its 52-week high of $18.36 nearly one year ago to the day. The investor probably figures that if the puts remain out-of-the-money he retains the premium and is happy. If the puts land in-the-money he is also happy to have shares put to him at approximately one-third the value of the 52-week high for the stock.

GSI General Steel Holdings, Inc. – Shares of the operator of a number of Chinese steel companies have taken a nosedive today, losing more than 14.5% to stand at $4.72. The stock has eroded despite the fact that the firm’s adjusted earnings per share of 9 cents for the period ended March 31, 2009, beat analyst expectations which estimated loss of about a nickel per share. In line with the bearish move in the stock, one investor loaded up on downside protection in the near-term May contract. The sale of 5,000 calls at the May 5.0 strike price for a premium of 10 cents apiece was spread against the purchase of 5,000 puts at the same strike for 40 cents each. The net cost of the transaction amounts to 30 cents and yields a breakeven point to the downside at $4.70. The stock must fall by at least 2 pennies before the trader begins to experience gains on the long put position.

COST Costco Wholesale Corp. – The operator of membership warehouses that offer branded and private label goods ranging from gruyere cheese wedges to diamond rings has experienced a more than 2.5% decline to $45.49. We observed option traders bracing themselves for potential continued bearish movement in the stock. Investors loaded up on 4,400 puts at the…
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Zero Hedge

Just How Low Can Iran's Oil Exports Go?

Courtesy of ZeroHedge. View original post here.

Authored by Tsvetana Paraskova via Oilprice.com,

Iran’s oil exports started to fall noticeably in August as key customers in Asia began to curtail oil purchases to either comply with the U.S. efforts to bring Iranian exports to zero, or to win waivers with the U.S. Administration.

...



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Phil's Favorites

Why tech giants have little to lose (and lots to win) from new EU copyright law

 

Why tech giants have little to lose (and lots to win) from new EU copyright law

Copyright, and copyright laws, will not always match expectations. inkninja, CC BY

Courtesy of Maurizio Borghi, Bournemouth University

The new European Union Copyright Directive, passed recently by the European parliament after a ...



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Kimble Charting Solutions

King Dollar Created Multi-Year Topping Pattern?

Courtesy of Chris Kimble.

The currency markets often play a role in asset management for investors. And one key asset that pays close attention to the US Dollar is Gold (and precious metals). Could a near-term trend change be in store for the US Dollar… and its counterpart, the Euro? Precious metals bulls would love to see the US Dollar topping and the Euro bottoming.

In the chart below, you can see that the two currencies are showing similar reversal patterns – a traditional head and shoulders top for the US Dollar Index and an inverted head and shoulders bottom for the Euro.

BUT, they need to confirm these pattern by breaking down / up.

It’s worth noting that NOTHING has been proved so far, but the potential of both creating longer-term reversal patterns is there and traders should stay tuned.

US D...



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ValueWalk

How Soon Will A.I. Replace All The Traders: Q&A With Gaurav Chakravorty, CIO Of Qplum

By Jacob Wolinsky. Originally published at ValueWalk.

VW: Tell our readers, what is Qplum?

Qplum is an AI-driven investment management firm. We manage money for individuals, families, and institutions. We actively manage investments using machine learning and deep learning technology.

Our three product lines are:

  1. Wealth, servicing the financial needs of individuals and families via separately managed accounts.
  2. Alpha, for institutional clients only, where we offer different products like GTAA (Global Tactical Asset Allocation), managed futures program, etc. and
  3. Solutions, where we work on customized tactical asset allocation solutions for pension funds and family offices to target a dual loss-aversion and return-seeking investment mandate.

[REITs]

...

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Insider Scoop

Morgan Stanley Bullish On Amazon's New Automated Stores

Courtesy of Benzinga.

Related AMZN Stitch Fix Falls After Piper Jaffray Downgrade; Analyst Says 'Smallest Hint Of Pressure' Could Threaten Valuation ...

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Digital Currencies

Mania to Mania

 

Mania to Mania

Courtesy of 

“Russell rarely played the stock market and had little investing experience when he put around $120,000 into bitcoin in November 2017.”

This comes from a CNN money article, Bitcoin crash: This man lost his savings when cryptocurrencies plunged. From January 2017 through the peak in early 2018, Ethereum gained 16,915%.

Any time you have something go vertical, you just know that some peopl...



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Chart School

Weekly Market Recap Sep 16, 2018

Courtesy of Blain.

Slow and steady drip up all this past week in a very quiet news environment.  A gap down top open the day Tuesday (which was recovered quickly) and a gap up Thursday (which held) were the highlights!

The latest on TRADE WARS!(tm):

Tuesday, news hit that China vowed to retaliate and plans to ask the World Trade Organization next week for permission to impose sanctions on the U.S. for Washington’s noncompliance with a ruling in a dispute over U.S. dumping duties, Reuters reported. That’s part of a dispute that goes back to 2013.

“Trade wars are certainly a concern, but I don’t know that they’re a one...



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Members' Corner

Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

 

Adding this article to Members Corner, in case anyone wants to share their opinions on Nike and Kaep, or on divisiveness in general. Also see "A Warning From Europe: The Worst Is Yet to Come" and "What’s behind the current wave of ‘corporate activism’?" ~ Ilene

Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

Courtesy of Simon Chadwick, University of Salford and ...



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Biotech

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

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

 

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

Breast cancer type 1 (BRCA1) is a human tumor suppressor gene, found in all humans. Its protein, also called by the synonym BRCA1, is responsible for repairing DNA. ibreakstock/Shutterstock.com

By Jay Shendure, University of Washington; Greg Findlay, ...



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Mapping The Market

Mistakes were Made. (And, Yes, by Me.)

Via Jean-Luc:

Famed investor reflecting on his mistakes:

Mistakes were Made. (And, Yes, by Me.)

One that stands out for me:

Instead of focusing on how value factors in general did in identifying attractive stocks, I rushed to proclaim price-to-sales the winner. That was, until it wasn’t. I guess there’s a reason for the proclamation “The king is dead, long live the king” when a monarchy changes hands. As we continued to update the book, price-to-sales was no longer the “best” single value factor, replaced by others, depending upon the time frames examined. I had also become a lot more sophisticated in my analysis—thanks to criticism of my earlier work—and realized that everything, including factors, moves in and out of favor, depending upon the market environment. I also realized...



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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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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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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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