Posts Tagged ‘VPRT’

Vistaprint Puts Active Ahead Of Q1 Earnings

VPRT – Vistaprint N.V. – Options volume on the provider of customized printed products is up sharply on Wednesday, with more than 2,900 contracts traded so far today versus the stock’s average daily options volume of around 320 contracts. Much of the trading traffic in VPRT options appears to be the work of traders bracing for the price of the underlying to decline after the company’s first-quarter earnings report next week. The stock today is down roughly 3.5% at $54.05 as of 1:45 p.m. ET.

The most actively traded options contracts on Vistaprint today are the Nov $50 strike puts, with around 2,200 puts in play against open interest of 98 contracts. It looks like one trader purchased most of the volume at a premium of $1.15 each. The contracts may be profitable at expiration next month if shares in VPRT decline 9.6% from the current price of $54.05 to trade below the breakeven point at $48.85. The Nov $47.5 strike put options are also trading today, with around 270 contracts purchased at a premium of $0.70 apiece, establishing a breakeven level at $46.80.

Vistaprint is scheduled to report first-quarter earnings after the close of trading on Tuesday, October 29th.  


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Value of Large Temple-Inland Call Spread Pops Post-IP Takeover Attempt

Today’s tickers: TIN, CA, CTRP & VPRT

TIN - Temple-Inland, Inc. – Just under two weeks ago we made note of a sizable bullish transaction on Temple-Inland in which one strategist purchased a call spread in the January 2012 contract to position for a huge rally in shares of the corrugated packaging producer by expiration. As it turns out, the run-up in the price of the underlying stock arrived far sooner than predicted by the spread, with shares soaring 42.6% at the start of today’s session to an intraday- and multi-year high $29.97 following a hostile $3.31 billion takeover offer from International Paper Co. The bullish investor paid a net premium of $1.10 per contract back on May 25 – when shares in TIN were trading around $22.81 – for the 6,425-lot Jan. 2012 $25/$30 call spread. Call open interest at these strikes indicates the trader is still holding on to the position. To purchase the same Jan. 2012 $25/$30 call spread in the aftermath of the takeover bid, one would need to shell out a net premium of $3.70 per contract at present, which is $2.60 per contract more than the investor paid less than two weeks prior. Meanwhile, options traders taking to Temple-Inland today are focusing their attention on nearer-term contracts. Frenzied put selling is taking place at the June $29 strike where it looks like at least 6,500 puts sold for an average premium of $0.17 each. Traders short the puts keep the full amount of premium received on the transaction as long as shares in TIN exceed $29.00 through June expiration. Approximately 9,100 puts appear to have changed hands at that strike against zero open positions as of 11:45am in New York. Temple-Inland’s overall reading of options implied volatility is currently 32.8% lower to arrive at 23.76%.…
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Hefty Bullish Plays Constructed on Transocean

Today’s tickers: RIG, AKAM, VPRT, FXI, GMCR, XLP & KR

RIG – Transocean Ltd. – Two massive bullish transactions utilizing nearly 110,000 call options on the provider of offshore contract drilling services for oil and gas wells indicates at least one big options player is taking a long-term optimistic stance on the stock. RIG’s shares inched up 0.50% this afternoon to trade at $47.00 as of 3:15 pm ET. The nearer-term of the two spreads looks to be a variation on the traditional call butterfly spread because volume at the lower strike price [wing 1] is the same as that used in the body of the butterfly. Typically, a butterfly spread is constructed using a 1X2X1 ratio. The longer-term spread employed in the February 2011 contract looks like a normal butterfly. In this transaction the investor enjoys maximum profits if RIG’s shares surge 38.3% to settle at $65.00 by February expiration day. The transaction involved the purchase of 15,000 calls at the February 2011 $50 strike [wing 1] for an average premium of $5.5250, the sale of 30,000 calls at the February 2011 $65 strike for an average premium of $1.475 [body], and the purchased of 15,000 calls at the higher February 2011 $80 strike for an average premium of $0.425 apiece. The net cost of this transaction amounts to $3.00 per contract. Transocean’s shares must rally 12.8% by February expiration in order for the investor to breakeven on the spread at a share price of $53.00. The investor may accumulate maximum available profits of $12.00 per contract if Transocean’s shares surge 38.3% to $65.00 by expiration day. The spread initiated in the November contract is similar in its bullishness, although differs with respect to the lopsided nature of the wings, time to expiration, and strike price selection. In this trade the investor the purchased 19,500 in-the-money calls at the November $45 strike for an average premium of $6.175, and sold the same number of calls at the higher November $55 strike for an average premium of $2.22 each. The third leg of the trade is half the size, that’s 9,750 calls purchased at the November $65 strike for an average premium of $0.725 apiece. The investor or investors responsible for these transactions are well positioned to benefit handsomely from bullish movement in the price of the underlying shares in the months to come.

AKAM – Akamai Technologies, Inc. –
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Phil's Favorites

Who owns the moon? A space lawyer answers

 

Who owns the moon? A space lawyer answers

Edwin E. ‘Buzz’ Aldrin Jr. poses for a photograph beside the U.S. flag deployed on the moon during the Apollo 11 mission on July 20, 1969. Neil A. Armstrong/NASA/AP Photo

Courtesy of Frans von der Dunk, University of Nebraska-Lincoln

Most likely, this is the best-known picture of a flag ever taken: Buzz Aldrin standing next to the first U.S. flag planted on the Moon. For those who knew their world history, it also rang some alarm bells. Only less than a century ago,...



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Zero Hedge

Dollar Tumbles As Trump Blasts China, EU "Currency Manipulation", Fed "Tightening"

Courtesy of ZeroHedge. View original post here.

After bouncing yesterday following White House reassurances of Fed independence and PBOC's big weakening of the Yuan fix, the dollar is tumbling again this morning... accelerating after Trump tweeted that "China, EU are manipulating their currencies," adding that Fed "tightening now hurts all that we have done."

China, the European Union and others have been manipulating their currencies and interest rates lower, while the U.S. is raising rates while the dollars gets stronger and stronger with each passing...



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Insider Scoop

10 Stocks To Watch For July 20, 2018

Courtesy of Benzinga.

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Stanley Black & Decker, Inc. (NYSE: SWK) to report quarterly earnings at $2.04 per share on revenue of $3.50 billion before the opening bell. Stanley Black & Decker shares gained 0.98 percent to close at $139.65 on Thursday.
  • Microsoft Corporation (NASDAQ: ...


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Chart School

Small Caps Enjoy Best of Action

Courtesy of Declan.

There wasn't a whole lot going on today except Small Caps were able to attract some buyers despite finishing below resistance; bulls have been taking advantage of the 20-day MA test. Today's action coincided with 'buy' signals in the MACD and +DI/-DI.


The S&P held its breakout and today's losses - despite higher volume selling - didn't do a whole lot of damage.

...

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Digital Currencies

Citadel CEO Says Bitcoin Still A "Head Scratcher" But Billionaire Lasry Sees $40,000 Soon

Courtesy of ZeroHedge. View original post here.

Ken Griffin, the CEO and founder of the Citadel hedge fund, has reiterated his negative stance on Bitcoin (BTC) in an interview with CNBC this morning.

Speaking at the Delivering Alpha Conference in New York, ...



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Biotech

How summer and diet damage your DNA, and what you can do

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

 

How summer and diet damage your DNA, and what you can do

Bright sun and fatty foods are a bad recipe for your DNA. By Tish1/shutterstock.com

Courtesy of Adam Barsouk, University of Pittsburgh

Today, your body will accumulate quadrillions of new injuries in your DNA. The constant onslaught of many forms of damage, some of which permanently...



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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...



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ValueWalk

Buffett At His Best

By csinvesting. Originally published at ValueWalk.

Bear with me as I share a bit of my history that helped me create SkyVu and the Battle Bears games. The University of Nebraska gave me my first job after college. I mostly pushed TV carts around, edited videos for professors or the occasional speaker event. One day, Warren Buffet came to campus to speak to the College of Business. I didn’t think much of this speech at the time but I saved it for some reason. 15 years later, as a founder of my own company, I watch and listen to this particular speech every year to remind myself of the fundamentals and values Mr. Buffett looks for. He’s addressing business students at his alma mater, so I think his style here is a bit more ‘close to home’ than in his other speeches. Hopefully many of you find great value in this video like I have. Sorry for the VHS...



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Kimble Charting Solutions

The Stock Bull Market Stops Here!

 

The Stock Bull Market Stops Here!

Courtesy of Kimble Charting

 

The definition of a bull market or bull trends widely vary. One of the more common criteria for bull markets is determined by the asset being above or below its 200 day moving average.

In my humble opinion, each index above remains in a bull trend, as triple support (200-day moving averages, 2-year rising support lines, and February lows) are still in play ...



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Members' Corner

Cambridge Analytica and the 2016 Election: What you need to know (updated)

 

"If you want to fundamentally reshape society, you first have to break it." ~ Christopher Wylie

[Interview: Cambridge Analytica whistleblower: 'We spent $1m harvesting millions of Facebook profiles' – video]

"You’ve probably heard by now that Cambridge Analytica, which is backed by the borderline-psychotic Mercer family and was formerly chaired by Steve Bannon, had a decisive role in manipulating voters on a one-by-one basis – using their own personal data to push them toward voting ...



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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

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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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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