Eight Months To Go

Eight Months To Go

At 113 months old the current U.S. Economic Expansion is on the doorstep of setting a new all time record.  Note the sub par GDP performance during the 2009-2018 run.  Interesting… Great chart from Charlie...

Option Traders Shopping For Retailers

Seeing a flurry of buyside interest in upside January call options in several retailers. Most notably: 10,000 TJX Jan 50 calls between $1.30-$1.35 with the stock around $48.35 (vol at 29) 5,500  ROST Jan 90 calls between $2.05-$2.15 with stock around $86.5 (vol at 28)...
Facebook Firming Up

Facebook Firming Up

After a strong open on October 31st shares of Facebook began to crumble.  The stock opened the morning, after its third quarter earnings release, with a huge upside gap.  This was $FB’s best open since an April 26th earnings inspired surge.  The stock left...