Posts Tagged ‘LNCR’

Safeway Options Pop After Kroger Co. Report; Bulls Take To Healthcare Calls

 

Today’s tickers: SWY, THC & LNCR

SWY - Safeway, Inc. – Options trades initiated on grocery store chain operator, Safeway, Inc., this morning suggests predictions regarding the performance of the stock over the near- and longer-term are mixed. Shares in the second-largest U.S. grocer are up 2.1% at $18.02 just after midday, rising in sympathy with Kroger Co., which reported better-than-expected first-quarter earnings, announced board approval of a $1 billion stock buyback program, and raised its full year earnings forecast. Safeway’s shares have been hard-hit in 2012; touching down at $17.53 yesterday, the lowest year-to-date price for the stock. However, the purchase of some 1,000 calls at the July $19 strike for a premium of $0.30 apiece may mean some traders are keeping an eye on the stock’s upside potential. Call buyers may be prepping for SWY shares to rebound should the company report better-than-expected second-quarter earnings on July 19th. Traders long the calls profit if shares in SWY rally another 7.1% to top $19.30 at expiration next month. Meanwhile, activity in longer-dated December expiry puts points to possible weakening in the price of the underlying in the second half of the year. It looks like one trader purchased a block of 2,000 puts at the Dec. $16 strike for a premium of $1.15 apiece. The options may represent an outright bearish bet that the stock has further to fall, or could be a hedge to protect the value of a long position in the underlying shares. The long puts make money, or yield downside protection, come expiration day should shares in SWY plunge 17.6% from the current price to breach the effective breakeven point on the downside at $14.85.

THC - Tenet Healthcare Corp. – A large block of call options purchased on health care services provider, Tenet Healthcare Corp., this morning suggests one strategist may be positioning for shares in the name to extend recent gains. Shares in THC received a boost earlier…
continue reading


Tags: , ,




Options Point To Ugly 2011 Finale For JPMorgan

     Today’s tickers: JPM, BMC, LNCR & PSS

JPM - JPMorgan Chase & Co. – Put butterfly spreads on JPMorgan suggest shares in the banking institution may end the year substantially lower than their current level. The stock fell as much as 2.4% during the first half of the trading session to secure a new 52-week low of $33.54, but some options players appear to be positioning for the stock to drop another 31.0% before the end of 2011. Weekly options covering JPM are also gloomy, with traders selling calls at the August $35, $36 and $37 strikes ahead of expiration and Ben Bernanke’s speech on Friday. Investors dabbling in deep out-of-the-money put options expiring in December may be employing put butterfly spreads to either reduce the cost of taking an outright bearish stance on JPM, or to hedge positions in the underlying shares should the stock continue to slide in the months to come. It looks like investors picked up 4,709 puts at the December $28 strike for a premium of $1.59 each, sold 9,418 puts at the December $23 strike for a premium of $0.82 per contract, and purchased 4,709 puts at the December $18 strike at a premium of $0.44 apiece. The spreads cost an average net premium of $0.39 per contract. Bears buying butterfly spreads stand prepared to profit should JPM’s shares plunge 17.7% to breach the upper breakeven point at $27.61 by December expiration. Maximum potential profits of $4.61 per contract are available on the strategy in the event that JPMorgan’s shares surrender 31.4% of their value to settle at $23.00 at expiration in a few months. Shares in the financial services provider last traded around $23.00 back in March 2009. The stock has already lost roughly 31.0% since reaching its 2011 peak of $48.36 in February.

BMC - BMC Software, Inc. – Software vendor, BMC Software, popped up on our scanners today due to greater-than-usual activity in its put options. Shares in the Houston, TX-based company are up 0.95% to stand…
continue reading


Tags: , , ,




Bears Leave Footprints in DSW, Inc. Put Options Ahead of Earnings

Today’s tickers: DSW, LNCR, VGZ, S, APOL, CAL & JCG

DSW – DSW, Inc. – Options traders are picking up put options on the footwear retailer ahead of the firm’s second-quarter earnings report, scheduled for release ahead of the opening bell on August 31, 2010. DSW’s shares fell 2.5% to $24.09 in late afternoon trading. Pessimistic players purchased approximately 3,400 put options at the October $22.5 strike for an average premium of $1.53 a-pop. Put buyers are poised to profit should DSW’s shares plummet 12.95% from the current price of $24.09 to breach the average breakeven point to the downside at $20.97 by expiration day in October. Options implied volatility on the stock is up 5.2% as of 3:30 pm ET.

LNCR – Lincare Holdings Inc. – The provider of oxygen and other respiratory therapy services popped up on our ‘hot by options volume’ market scanner today after bullish call buying was detected in the January 2011 contract. Lincare’s shares are up 0.50% to stand at $23.51 with just under 30 minutes remaining in the trading session. Investors positioning for substantial share price appreciation by expiration next year purchased roughly 1,100 calls at the January 2011 $27.5 strike for an average premium of $0.86 each. Call buyers at this strike make money if Lincare’s shares jump 20.6% to exceed the average breakeven price of $28.36 by expiration day. Bullishness spread to the higher January 2011 $30 strike where optimistic individuals scooped up more than 2,900 call options at an average premium of $0.45 apiece. Investors long the higher-strike contracts are prepared to accrue profits should LNCR’s shares surge 29.5% to trade above the effective breakeven price of $30.45 by expiration day next year. Lincare’s shares last traded above $30.45 back on July 1, 2010.

VGZ – Vista Gold Corp. – Bullish investors are mining for call options on the gold exploration and development company today, which suggests some traders expect Vista’s shares to head higher by the end of 2010. The Colorado-based company’s shares jumped 20.4% to touch an intraday high of $2.30. Investors in Vista Gold Corp. shares have had a fruitful month thus far. The stock is currently trading at a 76.9% premium over its July 28 low of $1.30 a share. Options strategists hoping to see the good times continue through to December expiration scooped up approximately 2,000 calls at the December $2.5 strike by shelling out…
continue reading


Tags: , , , , , ,




Popular Bank Shares Surge as Option Player Stakes a Claim

Today’s tickers: BPOP, LNCR, EEM, XLK, XL, PALM, LIZ & MI

BPOP - The ‘popular’ bank popped up on our screens this afternoon after a large-volume risk reversal was established on the stock. The massive trade was likely the work of an investor with knowledge of commercial banks as approximately 60,000 contracts were exchanged on BPOP amid a more than 12% rally in shares of the underlying to $2.60. It appears the trader purchased 30,000 now in-the-money October 2.5 strike calls for an average premium of 33 cents apiece. He funded the purchase of the calls by selling 30,000 puts at the January 2.5 strike for 43 cents each. The investor received a net credit on the transaction of 10 pennies per contract. The motivation is perhaps that this individual is swimming with the rising tide of financial names today and expects a far larger rally lifting shares towards $3.75-resistance level. If this is the case, he is likely to exercise the calls by October’s expiration and take delivery of the underlying shares to ride with the stock’s upward momentum. Even if the move continues somewhat, it would likely reverse the structure of this trade to his advantage. – Popular, Inc. –

LNCR - The provider of oxygen and respiratory therapy services attracted option bulls today with shares of the firm standing more than 13% higher for the session to $29.85. Option implied volatility on LNCR exploded 50% higher from a low of 32% this morning to an intra-day high of 48%. The burst in volatility is likely due to increased investor demand for calls on the stock as well as greater uncertainty regarding future price movements in shares of Lincare. Perhaps the rise in uncertainty stems from news that Deutsche Bank raised LNCR’s target price from $33.00 to $38.00 today and maintained their ‘buy’ rating on the stock. Investors gobbled up 2,200 September 30 strike calls for an average premium of 31 cents. The contracts will expire worthless unless shares breach the $30.00-level to land in-the-money by Friday. Bullish sentiment spread to the October 30 strike where traders coveted 2,400 calls for about 71 cents premium. Investors long the calls will begin to amass profits if shares rally through the breakeven point at $30.71 by expiration in October. – Lincare Holdings Inc. –

EEM - The emerging markets exchange-traded fund jumped higher on our ‘most active by options volume’ market scanner…
continue reading


Tags: , , , , , , ,




 
 
 

Zero Hedge

"The Central Banker Asked Me What It All Meant"

Courtesy of ZeroHedge. View original post here.

Submitted by Eric Peters of One River Asset Management, authored by Lindsay Politi

Triumph of the Machines

We were his last stop. The central banker had toured NY area investment shops. He described a fascinating trip; so much happening in algorithmic trading. The only thing keeping it from completely revolutionizing investing is getting enough data.

“You say that like it’s a minor issue,” I countered, “but just about every financial crisis in my career was because something happened that wasn’t in the historical data set. The last was caused in no small pa...



more from Tyler

Phil's Favorites

Who are the Sikhs and what are their beliefs?

 

Who are the Sikhs and what are their beliefs?

New Jersey Attorney General Gurbir Grewal. AP Photo/Julio Cortez

Courtesy of Simran Jeet Singh, New York University

New Jersey’s first Sikh attorney general, Gurbir Singh Grewal, was a target of disparaging remarks recently. Two radio hosts commented on Grewal’s Sikh identity and repeatedly referred to him as “turban man.” When called out on the offensiveness of their comments, one of them stated, “Listen, and if that offends you, then don’t wear the turban and maybe I’ll remember your name.”

Listeners, ...



more from Ilene

Biotech

Approval of first 'RNA interference' drug - why the excitement?

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

 

Approval of first ‘RNA interference’ drug – why the excitement?

Single strands of ribonucleic acid (RNA) are now being used to treat disease. By nobeastsofierce / shutterstock.com

Courtesy of Thomas Schmittgen, University of Florida

Small interfering RNA sounds like something from a science fiction novel rather than a revolutionary type of medicine. But this odd-sounding new drug of...



more from Biotech

Chart School

The anatomy of the recent gold sell off

Courtesy of Read the Ticker.

For the arrow to fly, the bow must be pulled back. Gold is in a pullback at the moment.


More from RTT Tv





Main chart in video.


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



Sure fundamentals do matter, and so does market timing (entry, stops and exit), here at readtheticker.com we believe a combination of Gann Angles, ...

more from Chart School

Digital Currencies

Bitcoin's rollercoaster ride reflects the biggest issue facing cryptocurrencies: regulation

 

Bitcoin's rollercoaster ride reflects the biggest issue facing cryptocurrencies: regulation

Shutterstock

Courtesy of Brian Lucey, Trinity College Dublin and Shaen Corbet, Dublin City University

The rollercoaster of cryptocurrency pricing is on the downward slope again. Bitcoin has fallen by a quarter in the past month, with other...



more from Bitcoin

ValueWalk

The Top 10 Wildest Campaigns Of 2018: Starboard's Stake In Symantec

By ActivistInsight. Originally published at ValueWalk.

This week’s column is a continuation of our 10 “wildest campaigns” of 2018. Find the first part here.

Q2 hedge fund letters, conference, scoops etc

Free-Photos / PixabayTop 10 Wildest Campaigns Of 2018

5. How often does an activist win a proxy contest without support from either of the two main proxy advisory firms? (...



more from ValueWalk

Kimble Charting Solutions

Small Caps attempting 20-year breakout, says Joe Friday

Courtesy of Chris Kimble.

CLICK ON CHART TO ENLARGE

The Russell 2000 trend remains solidly higher, as it has created a series of higher lows and higher highs inside of rising channel (1) over the past 25-years.

Small caps have been an upside leader in 2018, as they are very near all-time highs.

We applied Fibonacci extension levels to the 2007 highs and 2009 lows at each (2).

Joe Friday Just The Facts Ma’am- Small caps are attempting a dual breakout at (3). 

This is a price point that small-cap bulls would LOVE to see strength and a breakout take place, as monthly momentum is lofty.

...

more from Kimble C.S.

Insider Scoop

Walmart Posts Standout Quarter, But Raymond James Downgrades On Flipkart Costs

Courtesy of Benzinga.

Related WMT 10 Biggest Price Target Changes For Friday Headlights On Deere: Mixed Results As Company Cites H...

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

Members' Corner

There Are 3 Main Theories That Explain Trump's Approach to Putin and Russia-Which One Makes the Most Sense?

What do you think?

Thom Hartmann suggests that the "Manchurian Candidate theory" is the least likely explanation for Trump's pro-Russia behavior in "There Are 3 Main Theories That Explain Trump’s Approach to Putin and Russia—Which One Makes the Most Sense?" (below).  disagrees and suggests that Putin probably has "the goods" on Trump in "Trump’s Plot Against America". (To be fair, Hartmann acknowledges that his three theories are not mutually exclusive.) Jonathan Chait argues ...



more from Our Members

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...



more from M.T.M.

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 ...



more from OpTrader

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

...

more from Promotions

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...

more from David





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. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>