Posts Tagged ‘RENN’

Call Seller On Activision Blizzard Eyes Pullback In 2012

Today’s tickers: ATVI, CECO, TRGT & RENN

ATVI - Activision Blizzard, Inc. – Shares in video game developer Activision Blizzard went the way of the broad market this morning, declining 2.05% to $11.99 in the first half of the trading session. Activity in Activision options indicate one strategist doubts shares will rebound in the first half of 2012. It looks like the trader sold two chunks of 3,717 call options at both the May 2012 $12 and $13 strikes to pocket premiums of $1.00 and $0.54 per contract, respectively. The investor responsible for the transaction retains the full amount of premium as long as shares in ATVI trade below $12.00, and the calls land out-of-the-money at expiration day in May.

CECO - Career Education Corp. – Put selling on the provider of for-profit education services suggests one investor is betting shares in Career Education Corp. are unlikely to realize sharp losses during the next five weeks to January 2012 expiration. Shares in CECO are up 0.60% to stand at $7.18 in early-afternoon trade. The investor responsible for generating nearly all of the volume in Career Education Corp. options today appears to have sold 5,700 puts at the Jan. 2012 $6.0 strike for a premium of $0.35 each. The trader walks away with the full amount of premium in hand as long as CECO’s shares exceed $6.00 at expiration day next year. But, if shares drop and the put options land in-the-money, the investor may be obliged to purchase 500,000 shares of the underlying at $6.00 each regardless of where shares trade in the open market. The premium received for bearing this risk acts as a limited buffer against losses on the downside. Losses kick in if shares in CECO plunge 21.3% to breach the effective breakeven price of $5.65 at expiration.…
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Options Player Takes to Beazer Homes USA

Today’s tickers: BZH, CPB, EMR & RENN

BZH - Beazer Homes USA, Inc. – Shares in the designer and builder of single- and multi-family homes increased as much as 5.7% today to $3.53, joining other homebuilding companies in a sector rally ahead of May new home sales data due out on Thursday morning. One options player populating Beazer Homes this afternoon constructed what appears to be a long-term bullish bet on the stock. It looks like the investor sold 3,000 puts at the January 2012 $3.0 strike for a premium of $0.42 each in order to purchase 3,000 calls up at the February 2012 $4.0 strike at a premium of $0.52 apiece. Net premium paid to get long the calls amounts to $0.10 per contract and positions the trader to make money should Beazer’s shares surge 16.15% over today’s high of $3.53 to surpass the effective breakeven price of $4.10 at February expiration. Shares in BZH last traded above $4.10 on June 1. The stock is currently down more than 43% off its January 14th 52-week high of $6.23. Beazer Homes USA reports third-quarter earnings before the market opens on August 2.

CPB - Campbell Soup Co. – Demand for put options on the food products manufacturer jumped this morning after analysts at Goldman Sachs reportedly recommended buying July $33 strike puts on the chicken noodle soup maker ahead of the company’s analyst day. The sharp increase in put activity on the stock sent Campbell’s overall reading of options implied volatility up 34.4% to 16.55% by 12:05pm in New York. Shares in CPB currently trade 0.60% lower on the day at $34.01. The July $33 strike put is by far the most active this afternoon, with more than 7,400 puts having changed hands against previously existing open interest of just 576…
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Phil's Favorites

1984 Is Not The Future

Courtesy of The Automatic Earth.

Jacobello Alberegno The Beast of the Apocalypse 1360-90

The Guardian ran an article yesterday by one of its editors, David Shariatmadari, that both proves and disproves its own theme at the same time: “An Information Apocalypse Is Coming”. Now, I don’t fancy the term apocalypse in a setting like this, it feels too much like going for a cheap thrill, but since he used it, why not.

My first reaction to the headline, and the article, is: what do you mean it’s ‘coming’? Don’t you think we have such an apocalypse already, that we’re living it, we’re smack in the middle of such a thing? If you do...

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Zero Hedge

Mapping The Countries With The Most Billionaires

Courtesy of ZeroHedge. View original post here.

There are roughly 36 million millionaires in the world.

That means if you meet someone from the global population at random, there’s a 1 in 200 chance that they could be a millionaire – this makes for surprisingly good odds.

However, as VisualCapitalist's Jeff Desjardins notes, the billionaire on the other hand is a much rarer breed. According to Forbes, there are just over 2,000 billionaires in existence, making up just 0.00003% of the global population.

Where do these people ...

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Digital Currencies

Bitcoin: Bubble Or Hyperdeflation?

Courtesy of ZeroHedge. View original post here.

Bitcoin flew too close to the sun. Now the eyes of the world are upon the crypto market, with all the consequences that follow...

“30th anniversary of Black Monday, when markets dropped 23% in a day. In crypto we just call that Monday."

- Alexander Tapscott

But, as Incrementum's Demelza Hays and Mark J. Valek show in their latest magnificent Crypto Research report, it all happened as it always has.

Bitcoin reached an all-time high and then predictably it fell again. All c...

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Chart School

Bitcoin Update, demand is present

Courtesy of Read the Ticker.

When a Wyckoff trader looks at a stock chart of price and volume one looks for foot prints of material demand and supply. The current bitcoin chart shows very significant demand prints.

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

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Connor Browne - FAANG Stocks Dominance

By VW Staff. Originally published at ValueWalk.

They are known as the FAANGs but Facebook, Amazon, Apple, Netflix and Google/Alphabet should also be dubbed the great disruptors. They have created new businesses and destroyed old ones, changing the way we conduct our personal and business lives in the process.

]]> Get Our Activist Investing Case Study!

Get the entire 10-part series on our in-depth study on activist investing in PDF. Save it to your desktop, read it on your tablet, or print it out to read anywhere! Sign up below!

Check out our H2 hedge fund letters here.


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Insider Scoop

BofA: Lyft, Magna Could Be The First Of Many Autonomous Vehicle Partnerships

Courtesy of Benzinga.

Related MGA Benzinga Pro's 5 Stocks To Watch Today Earnings Scheduled For February 22, 2018 ... more from Insider


How your brain is wired to just say 'yes' to opioids

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


How your brain is wired to just say ‘yes’ to opioids

A Philadelphia man, who struggles with opioid addiction, in 2017. AP Photo/Matt Rourke

Courtesy of Paul R. Sanberg, University of South Florida and Samantha Portis, University of South Florida


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Members' Corner

Fatal Flaws of our Enlightenment?


David Brin is an astrophysicist, technology consultant, and best-selling author who speaks, writes, and advises on many topics including national defense, creativity, and space exploration. He’s also one of the “World’s Best Futurists.” Find David’s books and latest thoughts on various matters at his website and blog. In ...

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Mapping The Market

The tricks propagandists use to beat science

Via Jean-Luc

How propagandist beat science – they did it for the tobacco industry and now it's in favor of the energy companies:

The tricks propagandists use to beat science

The original tobacco strategy involved several lines of attack. One of these was to fund research that supported the industry and then publish only the results that fit the required narrative. “For instance, in 1954 the TIRC distributed a pamphlet entitled ‘A Scientific Perspective on the Cigarette Controversy’ to nearly 200,000 doctors, journalists, and policy-makers, in which they emphasized favorable research and questioned results supporting the contrary view,” say Weatherall and co, who call this approach biased production.

A second approach promoted independent research that happened to support ...

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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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NewsWare: Watch Today's Webinar!


We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...

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Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.


EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...

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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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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.

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