Posts Tagged ‘TSN’

Kellogg Put Options Active As Shares Hover Near Record Highs

Today’s tickers: K, TSN & FHN

K - Kellogg Company – Trading traffic in Kellogg Co. options this morning suggests some traders may be placing bearish bets on the stock ahead of the company’s second-quarter earnings report on August 1st. Shares in the maker of Pringles and Pop-Tarts are rose as much as 1.2% on Thursday morning to $66.76, just pennies off the stock’s all-time high of $66.84 reached back in April, amid strong gains in U.S. stocks. The most actively traded options contracts on Kellogg thus far in the session are the Aug $65 strike puts, with upwards of 1,400 lots in play versus open interest of 35 contracts. Time and sales data suggests most of the volume was purchased for an average premium of $0.93 apiece. Put buyers may profit at expiration next month should Kellogg’s shares decline 3.7% from the current price of $66.52 to breach the average breakeven point on the downside at $64.07.

TSN - Tyson Foods, Inc. – Shares in chicken, beef and pork processor, Tyson Foods, Inc., rallied 1.3% to a record high of $27.12 this morning. Options changing hands on the stock in the early going indicate at least one strategist is positioning for the price of the underlying to extend gains in the near term. Upwards of 3,000 Aug $28 strike calls appear to have been purchased during the first hour of the session for an average premium of $0.53 apiece. The bullish bet pays off if shares in Tyson surge 5.2% to exceed an average breakeven price and new all time high of $28.53 by August expiration. Tyson Foods reports third-quarter earnings in early August.


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Bulls Eye Valero Energy And Western Refining Options


Today’s tickers: VLO, WNR & TSN

VLO - Valero Energy Corp. – The largest independent refiner in the U.S. is the biggest gainer in the S&P 500 Index today, with shares in Valero Energy Corp. currently up more than 7.6% at $27.09 as of 12:10 p.m. in New York. Options activity on the San Antonio, Texas-based Company suggests traders are positioning for the price of the underlying to extend gains in the months ahead. April expiry calls attracted buyers today, with the $26 and $28 strike options seeing the most volume. Traders eyeing further upside moves in the stock purchased most of the 2,200 $28 calls in play for an average premium of $0.66 each. Call buyers profit at expiration next month in the event that Valero’s shares rally another 5.8% to surpass the average breakeven price of $28.66. But, it looks like one strategist trading VLO calls on Monday is already sitting on paper profits given the positive price action since the options were purchased. Call open interest in the April expiry is greatest at the $26 strike, with some 4,574 open positions. Most of these positions were initiated in a block of 3,700 call options, purchased on Monday afternoon for a premium of $1.05 per contract. These calls are now trading at $1.95 apiece as of 12:30 p.m. ET, indicating the value of the position has jumped roughly 85.0% in two days. Finally, the largest transaction in Valero options was established within the first 20 minutes of the opening bell. One trader appears to have sold June $24 strike puts to offset the cost of getting long the June $27 strike calls. The bullish position has the potential to become increasingly profitable for the strategist as shares climb north of the $27-level.

WNR - Western
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Bearish Options Player Fashions Put Butterfly Spread on Retail SPDR ETF

Today’s tickers: XRT, TSN, CVS & AXL

XRT - SPDR S&P Retail ETF – A large bearish put butterfly spread on the retail ETF this afternoon suggests one options strategist is positioning for a pullback in the price of the underlying ahead of May expiration. Shares in the XRT, an exchange-traded fund that tracks the performance of the S&P Select Industry Index, are down 0.20% to stand at $51.87 as of 12:30pm in New York. The pessimistic player traded a total of 80,000 put options on the fund, driving most of the volume generated on the XRT thus far in the session. It looks like the trader picked up 20,000 puts at the May $47 strike at a premium of $0.37 each, sold 40,000 puts at the May $49 strike for a premium of $0.67 apiece, and purchased 20,000 May $51 strike puts at a premium of $1.27 a-pop. The net cost of establishing the put ‘fly amounts to $0.30 per contract and positions the retail-bear to make money in the event that shares in the ETF fall another 2.3% from the current price of $51.87, to breach the upper breakeven price of $50.70 by May expiration day. Maximum potential profits of $1.70 per contract are available to the investor should shares in the fund fall 5.5% to settle at $49.00 at expiration. Enacting this strategy significantly reduces the overall cost of taking a bearish stance on the retail sector, as opposed to buying the May $51 strike puts outright or purchasing a debit put spread, for example. Additionally, the put ‘fly requires relatively smaller downside moves in XRT shares before the position to breaks even than the aforementioned strategies.

TSN - Tyson Foods, Inc. – Investors lunched on Tyson call options today with shares in the meat manufacturer rising as…
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Call Options Fly Off the Shelves at Yahoo!

 Today’s tickers: YHOO, TSN, BJ & CEPH

YHOO - Yahoo, Inc. – Large prints in Yahoo! call options today indicate some strategists see shares in the name rising in the next couple of months. Shares in the online media company rallied as much as 1.8% today to trade around $16.87 by 12:00pm in New York. A massive call spread appears to have been purchased in the April contract. The investor responsible for the transaction purchased 46,500 calls at the April $18 strike for a premium of $0.50 each, and sold the same number of calls at the higher April $20 strike at a premium of $0.20 a-pop. Net premium paid to initiate the spread amounts to $0.30 per contract. Thus, the investor responsible for the spread is poised to profit should shares in Yahoo! rally 8.5% over today’s high of $16.87 to surpass the effective breakeven price of $18.30 ahead of April expiration. Maximum potential profits of $1.70 per contract are available to the investor if shares in YHOO jump 18.6% to trade above $20.00 before the options expire in April. Earlier in the session, another bullish player initiated a similar spread, buying around 5,000 calls at the March $17 strike for an average premium of $0.54 each, and selling the same number of calls at the higher March $19 strike at an average premium of $0.19 apiece. The net cost of the transaction amounts to $0.35 per contract and positions the trader to make money in the event that Yahoo’s shares rise above $17.35 by March expiration. The sharp rise in demand for options on Yahoo! sent the overall reading of options implied volatility on the stock up 10.6% to 33.41% in early afternoon trade.

TSN - Tyson Foods, Inc. – Bullish options traders are picking up calls on the producer of chicken, beef, pork and prepared food products this morning ahead of the firm’s first-quarter earnings report, scheduled for release before the market opens on Friday. Shares in Tyson Foods increased as much as…
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Bulls Covet Comcast Corp. Calls as Shares Hit New 52-Week High

 Today’s tickers: CMCSA, CSX, WHR & TSN

CMCSA - Comcast Corp. – Bullish traders are piling into call options on Comcast Corp. today after the cable provider received an upgrade to ‘outperform’ from ‘market perform’ with a 12-month target share price of $26.00 at Sanford Bernstein. Shares in Comcast Corp. surged 5.05% to secure an intraday- and new 52-week high of $22.40. Optimism on the cable services company also follows a report in the Wall Street Journal this morning that describes Comcast’s efforts to test a new service that combines TV and the some features of the Internet through a set-top box. Near-term bulls purchased more than 5,910 now in-the-money calls at the December $22 strike for an average premium of $0.36 apiece. Investors holding these contracts are hoping to see Comcast’s shares soar above the average breakeven price of $22.36 through expiration on Friday. More than 7,200 calls changed hands at the December $22 strike versus puny previously existing open interest of just 1,052 contracts. Optimism spread to the January 2011 contract where investors purchased in- and out-of-the-money call options. Traders scooped up more than 2,800 calls up at the January 2011 $22.5 strike at an average premium of $0.46 apiece. Call buyers at this strike are poised to profit should shares in Comcast Corp. climb 2.5% over today’s high of $22.40 to exceed the average breakeven point on the calls at $22.96 ahead of January 2011 expiration. Comcast call and put options were active in the April 2011 contract, as well. It looks like one trader may have unraveled a 2,500-lot three-legged bullish spread this morning. The sharp rise in demand for options on the stock lifted Comcast’s overall reading of options implied volatility 8.8% to 25.26% by 12:55 pm.

CSX - CSX Corp. – The provider of rail-based transportation services popped up on our scanners in the first half of the trading session after a large number of put options changed hands in the January 2011 contract. CSX Corp.’s shares are down slightly…
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Put Sellers Target Dollar General Corp.

Today’s tickers: DG, CBRL, M, TSN, NFLX & FUQI

DG - Dollar General Corp. – Shares in Dollar General Corp. rallied as much as 4.1% this afternoon to touch an intraday- and new 52-week high of $32.23 after fellow discount retailer, Dollar Tree, reported better-than-expected third-quarter earnings this morning. Dollar General appeared on our scanners after bullish players sold out-of-the-money put options in the December contract. Put sellers are suggesting shares in DG are likely to trade above $30.00 through expiration day next month. Dollar General reports third-quarter earnings ahead of the opening bell on December 9, 2010. Options traders sold more than 14,200 puts at the December $30 strike to pocket an average premium of $0.18 per contract. Put sellers keep the full premium received on the transaction as long as DG’s shares exceed $30.00 through December expiration. More than 16,000 put options changed hands at the December $30 strike versus paltry previously existing open interest of just 7 contracts at that strike. Overall options volume of 16,535 contracts generated on Dollar General today is far greater than total existing open interest on the stock of 10,451 lots before today. Options implied volatility on Dollar General is down 8.5% to arrive at 23.88% in late afternoon trading.

CBRL - Cracker Barrel Old Country Store, Inc. – Near-term call options are in demand on the operator of retail and restaurant concept chain, Cracker Barrel, this afternoon. Shares in Cracker Barrel jumped 3.00% to $57.77, a new 52-week high for the stock, by 3:45 pm in New York. It looks like call buyers populating CBRL today expect shares to extend gains following the firm’s first-quarter earnings report before the opening bell tomorrow. Bulls scooped up roughly 1,100 calls at the December $60 strike for an average premium of $0.735 per contract. Investors…
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Call Options Fly Off the Shelves at Gannet Co.

 Today’s tickers: GCI, XRT, GCI, JCP, TSN, GG & CVS

GCI - Gannett Co., Inc. – Call options on the publishing giant are in high demand today with shares of the underlying stock rising as much as 8.3% to an intraday high of $13.64. Gannett’s shares took off after the Wall Street Journal reported the company, along with the New York Times and News Corp., are looking to offer software apps for Samsung’s Galaxy tablet. Investors have thus far exchanged more than 6.25 calls on the stock for each single put contract in play as of 3:15 pm ET in New York trading. Near-term bullish players picked up some 5,300 now in-the-money calls at the October $13 strike for an average premium of $0.58 a-pop. Investors long the calls make money if the USA Today publisher’s shares exceed the average breakeven price of $13.58 by October expiration. Optimism spread to the higher October $14 strike where more than 6,100 call options changed hands. At least 1,500 of those contracts were purchased for an average premium of $0.42 each, while the bulk of the remaining volume traded to the middle of the market. Uber-bulls looked out to the November $15 strike to purchase approximately 2,500 calls at an average premium of $0.41 apiece. Call buyers at this strike are prepared to profit if GCI’s shares jump 5.645% over today’s high of $13.64 to exceed the average breakeven point at $15.41 by expiration day next month. Options implied volatility on Gannet Co. jumped 16.6% to 60.43% in late afternoon trading.

XRT - SPDR S&P Retail ETF – A sizeable put spread initiated on the XRT, an exchange-traded fund designed to replicate the performance of the S&P Retail Select Industry Index, could be the work of an investor bracing for a pullback in the price of the underlying fund ahead of January 2011 expiration. Shares of the fund increased 1.45% during the final trading day of the week to touch an intraday high of $43.02. The put player purchased…
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Straddle-Seller Sees Range-Bound Shares for Avanir Pharmaceuticals

Today’s tickers: AVNR, S, ORCL, TSN, PSS, XRT & BX

AVNR – Avanir Pharmaceuticals, Inc. – Shares of the pharmaceuticals firm fell as much as 9.6% this afternoon to an intraday low of $2.64 on news the company filed for a mixed shelf offering for up to $75 million. Options volume on the stock surged late in the session after one strategist sold a straddle in the December contract. The short straddle suggests the trader expects AVNR’s shares to trade within a specified range through expiration day in the final month of the year. The investor sold approximately 8,440 puts at the December $2.5 strike and sold 8,440 calls at the same strike to take in gross premium of $2.025 per contract. The straddle-seller retains the full amount of premium received if Avanir’s shares settle at $2.50 at expiration. However, the short stance taken in both call and put options expose him to losses should shares shift significantly in either direction away with from the strike price selected. Losses are certainly limited to the downside because shares cannot fall below $0.00. Thus, the investor faces maximum potential losses of $0.475 per contract in the event that Avanir’s shares are worthless at expiration. Losses could be more painful if AVNR shares suddenly fly upward. Shares would need to jump 71.4% to shatter the current 52-week high on the stock of $3.72 in order for losses to start to accumulate for the trader above the effective breakeven price to the upside at $4.525 by expiration. The strategy seems to indicate that the investor does not see AVNR shares collapsing to $0.00, but also suggests shares are not likely rally substantially any time soon.

S – Sprint Nextel Corp. – The wireless and wireline telecommunications company was one of the 10 most actively traded stocks on the New York Stock Exchange as of 1:00 pm ET this afternoon, and was also one of the most actively traded in terms of options volume today. Sprint’s shares earlier rallied 2.30% to record an intraday high of $4.44, but are currently up a lesser 1.15% at $4.39 as of 2:30 pm ET. Shares were perhaps higher on reports out this morning that suggested Sprint is currently looking at a possible November release date for Samsung’s Galaxy Tablet, which is a device aimed at rivaling Apple’s iPad. The vast majority of contracts exchanged on Sprint Nextel Corp.…
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Mixed Sentiment on BAC Pits Bulls Against Bears

Today’s tickers: BAC, XRX, XLF, CAR, XLU, BIG, SLM, TTWO, MRVL & TSN

BAC – Bank of America Corp. – Investors employed two contradictory option strategies in the February contract on Bank of America today. One trader initiated a large bearish risk reversal while the other put on a bullish call spread. BAC’s shares rallied 3.5% this afternoon to $16.30. The pessimistic investor appears to have sold 30,000 in-the-money call options at the February 15 strike for 1.74 apiece in order to purchase 30,000 puts at the same strike for 84 cents each. The reversal results in a net credit of 90 cents per contract to the trader. Perhaps this individual expects shares to decline beneath the $15-level by expiration so he may retain the full 90 cent credit on the trade. Bullish trading in the same February 2010 contract suggests shares are set to rally higher in the next few months. An optimistic investor purchased 10,000 calls at the February 17 strike for 89 cents each, and sold the same number of calls at the higher February 19 strike for 34 cents apiece. The net cost of the spread amounts to 55 cents per contract. Maximum potential profits of 1.45 are available to the investor if shares increase more than 16.5% from the current price to a new 52-week high of $19.00 by expiration in February.

XRX – Xerox Corp. – One investor utilized the risk reversal strategy in order to take a long-term bullish stance on Xerox. Shares moved 1% higher this afternoon to $7.85. It looks like the trader sold 20,000 puts at the January 2011 7.5 strike for a premium of 1.15 each to partially finance the purchase of 20,000 calls at the same strike for 1.60 apiece. The net cost of the reversal amounts to 45 cents per contract. The investor profits if shares surpass the breakeven price of $7.95 within the next 12 months to expiration.

XLF – Financial Select Sector SPDR ETF – Shares of the XLF rallied 0.75% in afternoon trading to stand at $14.46. Bullish options activity on the fund suggests shares are likely to appreciate within the next several months. Optimistic investors purchased 69,000 in-the-money call options at the March 14 strike for an average premium of 1.36 per contract. XLF shares must rise 6% from the current price before profits accumulate above the breakeven point at $15.35. Shares last…
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Beazer Homes bounces on sales data, inspiring covered calls

Today’s tickers: BZH, AG, TSN, XLF, XRT & JNPR

BZH Beazer Homes USA, Inc. – The builder of single-family homes across the United States has experienced an enormous share price rally of more than 21.5% to $2.14 following today’s upbeat new home sales data. BZH jumped onto our ‘hot by options volume’ market scanner after one investor established what appears to be a covered call in the June contract. The covered call was initiated by buying shares of the underlying stock and selling 10,000 calls at the June 5.0 strike price for a premium of 17 cents apiece. This investor receives the premium on the sale of the options as well as positions an exit strategy at the June 5.0 strike by maintaining a short position on the calls. If shares can rally through $5.00 come June, the shares will likely be called away from him at expiration. Should this come to fruition, he will have enjoyed gains of 134% on the stock from the current price of $2.14 in addition to the 17 cent premium.

AG AGCO Corporation – Shares of the manufacturer of agricultural equipment have skyrocketed by more than 10% to $26.00 ahead of its earnings release expected on Tuesday, April 28th. One news source has reported unconfirmed takeover speculation surrounding the company perhaps leading option traders to position themselves for a continued near-term price rally. The more than 16,000 lots that have exchanged hands on AGCO thus far today represent 70% of the existing open interest on the stock of 23,000 contracts. Furthermore, we have observed that nearly 12 call options have been traded to each single put option in action. At the now in-the-money May 25 strike price investors picked up 1,300 calls for an average premium of 1.71 apiece. More optimistic individuals targeted the May 30 strike price where more than 6,300 calls were purchased for 53 cents per contract. In order for the May 30 strike call to land in-the-money by expiration, shares would need to continue to rise by an additional 15% from the current share price. Option implied volatility is up slightly on the day from 71% to the current reading of 74%.

TSN Tyson Foods, Inc. – The processor and marketer of chicken, beef and pork products has attracted bullish investors to the pigpen amid a share price rally of about 1% to $11.15 today. Tyson’s shares have been…
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Phil's Favorites

Signs of a Bottom

 

Signs of a Bottom

Courtesy of 

The S&P 500 gained 6.4% last week, the second-best post-pandemic performance for the large-cap index.  For a moment there, we were out of bear-market territory, bouncing to an 18.5% decline from all-time highs. Now, it’s a bear market again ¯\_(?)_/¯

All silliness aside, calls for a bottom appear premature.

Michael Cembalest and his team did some work on what you want to be on the lookout for, and we’re not there qui...



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ValueWalk

Let General Mills Command A Position In Your Defensive Portfolio

By MarketBeat. Originally published at ValueWalk.

Recession Resistant General Mills Rockets Higher Outlook

We’ve been interested in General Mills (NYSE:GIS) for some time now and we couldn’t be happier with the FQ4 2022 results. The company not only beat on the top and bottom line but issued favorable guidance in the face of mounting economic headwinds. The takeaway here is that defensive consumer staple stocks like General Mills are among the best positioned for today’s times and General Mills is among the best picks. Trading at only 18.5X it’s earnings outlook the stock is undervalued relative to its peers while paying an ...



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Zero Hedge

Why Is The VIX So Low? A Surprising Answer Emerges In The Market's Microstructure

Courtesy of ZeroHedge View original post here.

One of the most frequent questions tossed around Wall Street trading desks (and strip clubs), and which was duly covered by Bloomberg recently in "Fear Has Gone Missing in Wall Street’s Slow-Motion Bear Market", is why despite the crushing bear market and the coming recession, does the VIX refuse to rise sustainably above 30, or in other words, why is the VIX so low?

As Goldman's Rocky Fishman wrote in a recent note "Option Markets Ta...



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Politics

Putin's propaganda is rooted in Russian history - and that's why it works

 

Putin’s propaganda is rooted in Russian history – and that’s why it works

Courtesy of Julia Khrebtan-Hörhager, Colorado State University and Evgeniya Pyatovskaya, University of South Florida

Russia’s war against Ukraine is pressing into its fifth month – despite several rounds of failed peace talks, and Western countries’ issuing severe economic sanctions against Russia.

The war isn’t happening just on Ukrainian soil. President Vladimir Putin’s propaganda is propelling...



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Kimble Charting Solutions

Doc Copper Pattern Suggesting Another Huge Decline Is To Be Expected?

Courtesy of Chris Kimble

Looks like the historic run higher in copper prices may be taking a breather.

While we cannot say that the LONG-term rally is over. It definitely has put in an intermediate top.

Back in March, we wrote about this possibility in our article, “Is Copper Repeating Historic Double Top Price Pattern?” There have been two other historic double tops that have taken place in the past 20 years.

Well, here we are today and the double top pattern is breaking down and Doc Copper is on the ropes. Below is an updated ...



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Chart School

Gold Stocks Review

Courtesy of Read the Ticker

Gold miners do well when gold is higher, and borrowing and gasoline costs are lower.

Lets start with a question: Why do governments own gold?

1) The need it to support their economy during an energy crisis. If their currency is collapsing oil producers will not take fiat for settlement, but they will accept gold.
2) While the US prints money the purchasing power of the US dollar is declining, hence gold is a hedge.

A particular market action which forces traders to move gold higher is when oil moves higher while the US dollar falls. This means the US dollar is losing purchasing power against oil, therefore gold will go higher as the demand for (1) above explodes. Some history, gold moved higher sharply in these years 2007, 2011, 2016, 2020. All ...

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Digital Currencies

Scams and cryptocurrency can go hand in hand - here's how they work and what to watch out for

 

Scams and cryptocurrency can go hand in hand – here’s how they work and what to watch out for

The anonymous nature of cryptocurrency transactions is ideal for con artists. seksan Mongkhonkhamsao/Moment via Getty Images

Courtesy of Yaniv Hanoch, University of Southampton and Stacey Wood, Scripps College

When one of our students told us they were going to drop out of college ...



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Biotech/COVID-19

At last, COVID-19 shots for little kids - 5 essential reads

 

At last, COVID-19 shots for little kids – 5 essential reads

Millions of U.S. children between the ages of 6 months and 4 years will soon be eligible for COVID-19 shots. FatCamera/E+ via Getty Images

Courtesy of Amanda Mascarelli, The Conversation

For many parents of kids under age 5, a safe and effective COVID-19 vaccine could not come soon enough. A full year and a half after shots first became available for adults, their wait is nearly over.

On June 17, 2022, the Food and Drug Administration ...



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Promotions

Phil: Be the House Not the Gambler at the Fintech Conference in Vegas

 

Phil gave an excellent, educational presentation called "Be the House Not the Gambler: Using Stock Options to Significantly Boost Your Portfolio Performance" at the FinTwit Conference hosted by Lupton Capital and Benzinga on May 14 in Las Vegas. The video is set to start playing at 5:30:45, when Phil takes the stage (but you can see previous presentations by backtracking).

AGENDA 
9:00 AM Opening Remarks with Jonah Lupton, Entrepreneur & Investor
9:05 AM Wagging the Dog: How to Profit From Derivative Driven Moves in the Market with Steven Place, Founder, Investingwithoptions.com
10:00 AM The MarketWebs & The Path of Least Resistance, Christian Fromhertz, CEO, The Tribeca Trade Group
10:55 AM Fireside Chat with Gareth Mann, Founder & CEO, AlphaStream & Spencer Israel, Executive Producer, Benzinga
11:25 AM Sponsor Pitch: Carolyn Bao, VP of Marke...



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Mapping The Market

Suez Canal: Critical Waterway Comes to a Halt

 

Suez Canal: Critical Waterway Comes to a Halt

Courtesy of Marcus Lu, Visual Capitalist

The Suez Canal: A Critical Waterway Comes to a Halt

On March 23, 2021, a massive ship named Ever Given became lodged in the Suez Canal, completely blocking traffic in both directions. According to the Suez Canal Authority, the 1,312 foot long (400 m) container ship ran aground during a sandstorm that caused low visibility, impacting the ship’s navigation. The vessel is owned by Taiwanese shipping firm, Evergreen Marine.

With over 2...



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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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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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