Posts Tagged ‘PANL’

Universal Display Corp. Options Look For Near-Term Rebound

 

Today’s tickers: PANL, C & DDS

PANL - Universal Display Corp. – A surprise third-quarter loss reported yesterday by the provider of technology and components in flat panel displays, lighting and electronics, sent shares in Universal Display Corp. down nearly 25% on Thursday morning to an intraday low of $21.55. A number of analysts cut their ratings on the stock following the earnings miss and after the company lowered its full-year revenue forecast. The stock is off its lows of the session, trading down 18% on the day at $23.03 as of 11:40 a.m. ET. Much of the trading traffic in front month calls and puts indicates some options market participants expect shares in PANL to potentially rebound in the near term, or at least stem further declines ahead of November expiration. Traders betting that PANL shares are at their lowest point for the time being sold in- and out-of-the-money put options that expire at the end of next week. It looks like the single largest put play was the sale of 500 contracts at the Nov. $23 strike for a premium of $0.65 apiece early in the trading session. The seller walks away with the full amount of premium in hand as long as shares in the name settle above $23.00 at expiration. At present, PANL shares have rebounded off an earlier low of $21.55, and the Nov. $23 strike put options are out-of-the-money. Similar positioning was observed at the lower Nov. $20, $21 and $22 strikes, with strategists selling at least a few hundred put contracts at each strike in the early going. Meanwhile, traders prepared to profit from a quick turnaround in the price of the underlying picked up around 300 calls at the Nov. $24 strike for an average premium of $0.74 per contract. Call buyers make money at expiration next week if PANL shares rally at least 7% over the current price of $23.03 to trade above the average breakeven price of $24.74.…
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Put Spread Eyes Sharp Pullback In CAT Shares

Today’s tickers: CAT, PANL, LIFE & SLXP

CAT - Caterpillar, Inc. – The machinery maker’s shares may surrender much of the gains posted during the October rally, according to one bearish strategy initiated in the December contract this morning. Shares in Caterpillar are in the red this afternoon, along with all of the other Dow 30 names, to trade 3.5% lower at $92.50 as of 12:45 pm ET. It looks like one investor initiated a roughly 3,000-lot bearish put spread, buying the Dec. $90 puts, and selling the same number of Dec. $75 options, for an average net premium outlay of $3.07 per contract. The trader may profit at expiration next month if CAT’s shares fall 6.0% to breach the average breakeven price of $86.93. The investor may pocket maximum potential profits of $11.93 per contract should shares Caterpillar plunge 18.9% to trade below $75.00 at December expiration day. CAT’s shares last traded below $75.00 back on October 7. The stock presently trades 37.0% higher than its October 4 52-week low of $67.54.

PANL - Universal Display Corp. – Shares in Universal Display Corp. rallied as much as 11.75% to an intraday high of $55.25 after the company posted better-than-expected third-quarter earnings. The provider of components and technologies used in the production of flat-panel displays earned $0.12 a share, excluding some items, which beat the average expectation that the firm would break even for the quarter. Shares in PANL are off their highs off the morning to stand 8.2% better on the day at $53.49 as of 11:25 am ET. One options player appears to be positioning for shares in Universal Display Corp. to continue to climb through November expiration. It looks like the investor purchased a 1,000-lot Nov. $55/$60 call spread at a net premium of $2.10 per contract. Profits are available on the spread should PANL’s shares rally another 6.7% to surpass the effective breakeven price of $57.10. The bullish trade yields maximum potential profits of $2.90 per contract to the investor in the event that shares in Universal Display surge 12.2% over the current price of $53.49 to trade above $60.00 at expiration. Options implied volatility on the stock is down 20.1% to arrive at 81.9% in the first half of the session.

LIFE - Life Technologies Corp. – Put options on biotechnology company Life Technologies Corp. are more active than usual this morning. Shares in the name are down better than 3.0%…
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Zero Hedge

Bond Bloodbath Blows Up Stocks As Redditors-Revenge Hammers Hedgies (Again)

Courtesy of ZeroHedge View original post here.

Bonds and stocks were both battered today...

Source: Bloomberg

Which is why we wheeled out the deer!

Today was the worst day for equity/bond investors since March 2020...

...



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Politics

What is fascism?

 

What is fascism?

A Donald Trump supporter wears a gas mask and holds a bust of him after he and hundreds of others stormed the Capitol building on Jan. 6, 2021. Roberto Schmidt/AFP via Getty Images

Courtesy of John Broich, Case Western Reserve University

Since before Donald Trump took office, historians have debated whether he is a fascist.

As a teacher of World War II history...



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Phil's Favorites

Phil's Stock World's Weekly Webinar - February 24, 2021

 

For LIVE access on Wednesday afternoons, join us at PSW! 

 

Phil's Stock World's Weekly Webinar – February 10, 2021

Major Topics:

00:00:39 - Future Charts
00:01:06 - Russell 2000
00:01:26 - NASDAQ 100
00:01:45 - S&P 500 | DJIA
00:04:41 - BA
00:06:19 - Checking on the Market
00:07:46 - Weekly Petroleum Status Report
00:12:32 ...



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Biotech/COVID-19

How does the Johnson & Johnson vaccine compare to other coronavirus vaccines? 4 questions answered

 

How does the Johnson & Johnson vaccine compare to other coronavirus vaccines? 4 questions answered

The Johnson & Johnson vaccine only requires one dose. Phill Magoke/AFP via Getty Images

Courtesy of Maureen Ferran, Rochester Institute of Technology

Editor’s note: On Tuesday, Feb. 24, the U.S. Food and Drug Administration released the results of its trial of the Johnson & Johnson coronavirus vaccine. The FDA found the vaccine to be safe...



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ValueWalk

The Math On Tesla Inc (TSLA) Doesn't Add Up

By The Acquirer's Multiple. Originally published at ValueWalk.

In his recent interview with Tobias, Drew Dickson of Albert Bridge. discussed The Math On Tesla Inc (NASDAQ:TSLA) Doesn’t Add Up. Here’s an excerpt from the interview:

Q4 2020 hedge fund letters, conferences and more

The Math On Tesla Doesn't Add Up

Mine is it would keep me away from owning something like Tesla, unfortunately, because I can’t get there, even in the most– Toyota and Volkswagen both were founded in 1937, and they’re just incredible global-scale b...



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Digital Currencies

Bridgewater Explains When It Will Invest In Bitcoin

Courtesy of ZeroHedge

Two weeks ago, Bridgewater founder Ray Dalio called Bitcoin "one hell of an invention" adding that:

"I expect Bridgewater to soon offer an alt-cash fund and a storehold of wealth fund in order to better deal with the devaluation of money and credit that we consider to be a major risk and opportunity, and Bitcoin won’t escape our scrutiny.”

And now, after significant attention that his comments received, Senior Portfolio Strategist Jim Haskel sits dow...



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Kimble Charting Solutions

Is Rising Inflation About To Hit U.S. Economy In Big Way?

Courtesy of Chris Kimble

Inflation seems to be a thing of the past… but current trading in bond and commodity markets tell us that it could become a thing of the future!

Inflation hasn’t been an issue, or even on our radar, since the 1980s. Sure, the 2007 surge in oil prices offered some concern but the financial crisis killed any thoughts of inflation.

So what’s got us concerned about inflation in 2021?

Today we take a look at long-term charts of two potential inflation indicators: Crude Oil ...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Saturday, 29 August 2020, 05:46:16 PM

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


Comment: Low liquidity means price can MOVE fast either way!



Date Found: Saturday, 29 August 2020, 05:52:11 PM

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


Comment: if you have 100% of life savings in stocks alone, please adjust for a crash...



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Mapping The Market

The Countries With The Most COVID-19 Cases

 

The Countries With The Most COVID-19 Cases

By Martin Armstrong, Statista, Jan 12, 2021

This regularly updated infographic keeps track of the countries with the most confirmed Covid-19 cases. The United States is still at the top of the list, with a total now exceeding the 22 million mark, according to Johns Hopkins University figures. The total global figure is now over 85 million, while there have been more than 1.9 million deaths.

You will find more infographics at ...



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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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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.
...

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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.  

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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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