Posts Tagged ‘PWRD’

Perfect World Co. Options Active As Shares Drop

Today’s tickers: PWRD, HAR & AVL

PWRD - Perfect World Co., Ltd. – Options on Perfect World Co., Ltd. are more active than usual today with shares in China’s largest online game developer and operator down 27.0% at $8.77 this afternoon. The stock plunged after a report posted on Chinese blog Tianya alleged the Company is being investigated by Chinese and U.S. regulators. Short notes out on Bloomberg this morning suggest the report has been removed from the blog and that Perfect World has since denied the allegations. Options players snapped up both call and put options in the front month to prepare for either a rebound in the price of the underlying or further declines in the next two weeks. Investors bracing for further bearish movement in the shares purchased in- and out-of-the-money puts. Volume is heaviest at the Jan. $11 strike where some 2,415 deep in-the-money puts changed hands against open interest of 441 contracts. It looks like trader purchased the majority of these puts for an average premium of $0.58 a-pop. The Jan. $9.0 and $10 strike puts also drew buyers, and appear to have been purchased more than 1,000 times each at average premiums of $0.43 and $0.54, respectively. Finally, the Jan. $8.0 strike puts changed hands more than 500 times against open interest of just 52 contracts today. Investors purchased most of the volume, paying an average premium of $0.26 each. Put buyers targeting the $8.0 strike contracts may profit at expiration if shares in PWRD drop 11.7% from the current price of $8.77 to breach the average breakeven point on the downside at $7.74. Meanwhile, traders prepared to see the stock rebound picked up more than 1,350 calls at the Jan. $10 strike for an average premium of $0.51 per contract. Profits may be available to call buyers at expiration day if shares in the game developer rally 20.0% to top $10.51. Overall options volume on the name is greater than 12,400…
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Bearish Player Binges On Perfect World Co. Put Options

Today’s tickers: PWRD, NIHD & COCO

PWRD - Perfect World Co., Ltd. – The online game developer popped up on our scanners this morning following a burst of bearish activity in March 2012 contract call and put options. It looks like much of the trading was initiated by one investor positioning for the price of the underlying to pull back further in the next four months to expiration. Shares in Perfect World Co. fell 6.8% to $11.59 by 12:25 PM in New York trade. The company is slated to report third-quarter earnings after the final bell this evening. It appears the options player purchased around 300 puts at the Mar. 2012 $11 strike, the nearest to-the-money strike put available, for an average premium of $1.92 apiece. Similar bearish activity was seen at the Mar. 2012 $10, $9.0, $8.0 and $7.0 strike prices. The investor purchased at least 290 and as many as 430 puts at each of the lower strikes for premiums ranging from $1.35 down at $0.52 a-pop. The investor starts making money on the Mar. 2012 $11 strike put position in the event that shares in Perfect World decline another 21.7% to breach the effective breakeven point on the downside at $9.08 by expiration day next year. Meanwhile, light call selling at the Mar. 2012 $12, $13, $14 and $15 strikes suggests the investor doubts shares in the name will rally above the current price level by expiration next year.

NIHD - NII Holdings, Inc. – Wireless communications company, NII Holdings, attracted heavier-than-usual activity in its options this morning. It appears one investor is taking a bearish stance on the stock, prepping for near double-digit declines in the price of the underlying by December expiration. Shares in NII Holdings, Inc. are down 4.05% to stand at $22.46 in early-afternoon trade. More than 3,000 put options changed hands at the Dec. $21 strike earlier in the session, against previously existing open interest of just 175 contracts. It looks like the investor purchased the majority of the puts for an average premium of $0.65 each. The trader may profit on the position at expiration next month in the event that NIHD’s shares drop 9.4% from the current price of $22.46 to breach the effective breakeven point on the downside at $20.35. Shares in NII Holdings last traded below $20.35 back in July 2009.

COCO - Corinthian Colleges, Inc. – Shares in the for-profit provider of post-secondary…
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Phil's Favorites

Utilities are starting to invest in big batteries instead of building new power plants

 

Utilities are starting to invest in big batteries instead of building new power plants

This is what a 5-megawatt, lithium-ion energy storage system looks like. Pacific Northwest National Laboratory

Coutesy of Jeremiah Johnson, North Carolina State University and Joseph F. DeCarolis, North Carolina State University

Due to their decreasing costs, ...



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Zero Hedge

Elon Musk Takes Out $50 Million in New Loans, Mortgaging Five Homes

Courtesy of Zero Hedge

We were one of the very first to speculate that Elon Musk had mortgaged 5 of his homes in late January, when we highlighted research by an internet sleuth on Musk's personal financial situation. According to public records cited by Tesla skeptic EVent Horizon and laid out in a timeline on Sutori in late January, Elon Musk looked as though he had leveraged some of his personal real estate.

A follow up report from Bloomberg ha...



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ValueWalk

KHC To Be Bought Out By Berkshire: Here Is Why Its A Possibility

By Jacob Wolinsky. Originally published at ValueWalk.

Whitney Tilson’s email to investors discussing buyer beware of consumer staples sellers; Stamps.com Inc. (NASDAQ:STMP) and The Kraft Heinz Company (NASDAQ:KHC) blowups; Will Buffett buy KHC?; Is the #3G model flawed?; Asia Wealth Summit; Theranos.

I’m sending out today’s email early because there’s so much juicy/timely stuff…

Q4 hedge fund letters, conference, scoops etc...



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Kimble Charting Solutions

Giant Topping Pattern Could Be Forming, Says Joe Friday

Courtesy of Chris Kimble.

The first fact of the day; The long-term trend for tech remains up and the decline into the lows on Christmas Eve DID NOT break this trend!

This chart looks at NDX 100 ETF (QQQ) on a weekly basis over the past 14-years. For the past decade, since the lows in late 2009, QQQ has remained inside of rising channel (1). As you can see the decline into the end of the year lows, did nothing more than test support, which held and a strong rally has followed!

Over the past few months, QQQ could be forming a “Head & Shoulders&...



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Insider Scoop

Salesforce.com's Q4 Report Should Trigger Higher Valuation, Says Bullish Oppenheimer

Courtesy of Benzinga.

Related CRM Oppenheimer Praises HubSpot's Execution, Downgrades On Valuation Benzinga's Top Upgrade...

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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: Thursday, 02 August 2018, 07:48:20 PM

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


Comment: $600 BN interest payments for US gov, print baby print



Date Found: Sunday, 05 August 2018, 09:22:26 PM

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


Comment: Hire FED interest rates always brings double trouble



Date Found: Monday, 06 August ...

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Digital Currencies

Cryptos Are Surging: Bitcoin, Ethereum Hit One-Month Highs As Institutions Dip Toes

Courtesy of Zero Hedge

Cryptocurrencies are surging while the US equity markets take the day off. Ethereum is up over 18% from Friday's 'close' and the rest of the crypto space is a sea of green. While no immediate catalyst (headline or technical level) is clear, increasing chatter over institutional investors dipping their toes in the space have prompted an extension of the positive trend.

A sea of green...

Source: Coin360

Ethereum is leading the charge follow...



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Biotech

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

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

 

Cancer: new DNA sequencing technique analyses tumours cell by cell to fight disease

Illustration of acute lymphoblastic leukaemia, showing lymphoblasts in blood. Kateryna Kon/Shutterstock

Courtesy of Alba Rodriguez-Meira, University of Oxford and Adam Mead, University of Oxford

...

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Members' Corner

Why Trump Can't Learn

 

Bill Eddy (lawyer, therapist, author) predicted Trump's chaotic presidency based on his high-conflict personality, which was evident years ago. This post, written in 2017, references a prescient article Bill wrote before Trump even became president, 5 Reasons Trump Can’t Learn. ~ Ilene 

Why Trump Can’t Learn

Donald Trump by Gage Skidmore (...



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Mapping The Market

Trump: "I Won't Be Here" When It Blows Up

By Jean-Luc

Maybe we should simply try him for treason right now:

Trump on Coming Debt Crisis: ‘I Won’t Be Here’ When It Blows Up

The president thinks the balancing of the nation’s books is going to, ultimately, be a future president’s problem.

By Asawin Suebsaeng and Lachlan Markay, Daily Beast

The friction came to a head in early 2017 when senior officials offered Trump charts and graphics laying out the numbers and showing a “hockey stick” spike in the nationa...



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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.

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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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