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

Apple Slumps Back Below Key Technical Support, Loses $150 Billion In A Week

Courtesy of ZeroHedge. View original post here.

Apple has never lost more market cap in seven short days... ever. The 'no brainer' stocks

Following yet another downgrade overnight (from Goldman this time), the world's largest market cap company fell back below its 200DMA at the open, attempted to stage a comeback,

...



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Kimble Charting Solutions

Party Like 1999 & 2000 or respect bearish divergences?

Courtesy of Chris Kimble.

CLICK ON CHART TO ENLARGE

This 4-pack looks at the DJ Home Construction, Banks, Junk Bonds and the S&P 500, highlighting that bearish divergences took place in 1999 and 2007 at each (1). These assets were sending bearish topping messages “BEFORE” the tops in 2000 & 2007.

Looking at this year, each asset has been creating bearish divergence since early 2018 at each (2).

Are each of these assets sending an important Risk/Reward message again or will it be different this time?

Just the Facts Ma’am– The majority of stock indices remain above respectiv...



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Phil's Favorites

NY Times: OPERATION INFEKTION

 

This is a three-part Opinion Video Series from NY Times about Russia’s meddling in the United States’ elections as part of its "decades-long campaign to tear the West apart." This is not fake news. Read more about the series here.

OPERATION INFEKTION

RUSSIAN DISINFORMATION: FROM COLD WAR TO KANYE

By Adam B. Ellick and Adam Westbrook

EPISODE 1

MEE...



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Members' Corner

NY Times: OPERATION INFEKTION

 

This is a three-part Opinion Video Series from NY Times about Russia’s meddling in the United States’ elections as part of its "decades-long campaign to tear the West apart." This is not fake news. Read more about the series here.

OPERATION INFEKTION

RUSSIAN DISINFORMATION: FROM COLD WAR TO KANYE

By Adam B. Ellick and Adam Westbrook

EPISODE 1

MEE...



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Insider Scoop

Things Are Going From Bad To Worse For GE

Courtesy of Benzinga.

Related GE Putting GE's Horrible 3-Week Run Into Perspective Bulls & Bears Of The Week: Apple, Disney, Ford, Target And More ...

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Chart School

Weekly Market Recap Nov 11, 2018

Courtesy of Blain.

This past week was saw another positive move up by bulls – especially in the Dow and S&P 500; the NASDAQ was not quite as enthusiastic.   Wednesday’s rally was on the legs of an election that was seen as market friendly or at least not as bad as it could have been.   Essentially – paying people a lot of money to get nothing done the next 2 years – woo hoo!

The market is interpreting Wedneday’s result as insuring that “no big things will get done,” in Washington between now and 2020, Craig Birk, chief investment officer at Personal Capital told MarketWatch. “The market appreciates the relative certainty of the slow legislative agenda.” he said.

“As President Trump plans his 2020 reelection campaign, a gridlocked Congress is unlik...



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Digital Currencies

Bitcoin's high energy consumption is a concern - but it may be a price worth paying

 

Bitcoin's high energy consumption is a concern – but it may be a price worth paying

Shutterstock

Courtesy of Steven Huckle, University of Sussex

Bitcoin recently turned ten years old. In that time, it has proved revolutionary because it ignores the need for modern money’s institutions to verify payments. Instead, Bitcoin relies on cryptographic techniques to prove identity and authenticity.

However, the price to pay for all of this innovation is a high carbon footprint, created by Bitc...



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ValueWalk

Vilas Fund Up 55% In Q3; 3Q18 Letter: A Bull Market In Bearish Forecasts

By Jacob Wolinsky. Originally published at ValueWalk.

The Vilas Fund, LP letter for the third quarter ended September 30, 2018; titled, “A Bull Market in Bearish Forecasts.”

Ever since the financial crisis, there has been a huge fascination with predictions of the next “big crash” right around the next corner. Whether it is Greece, Italy, Chinese debt, the “overvalued” stock market, the Shiller Ratio, Puerto Rico, underfunded pensions in Illinois and New Jersey, the Fed (both for QE a few years ago and now for removing QE), rising interest rates, Federal budget deficits, peaking profit margins, etc...



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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:

 

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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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