by Bob von Halle | Nov 30, 2018 | Commentary, Options
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)...
by Bob von Halle | Nov 27, 2018 | Chart of the Day, Options
With a hat tip to the folks at TradeAlert, LLC (www.trade-alert.com), a really interesting chart showing just how obsessed market participants have become with trying to capture short term trading swings. Perhaps a sign of further volatility to come, as daily...
by Bob von Halle | Nov 20, 2018 | Commentary, Options
Very heavy volume in Regions Financial (RF) options today, far above normal for this SouthEast mid tier bank. Over 10,000 bullish risk reversals (buying calls, selling puts) printed late morning, and another 5,000 of the calls have continued trading. The particulars...
by Bob von Halle | Nov 19, 2018 | Commentary, Options
A bit late on this, but noticed an interesting series of trades last Friday (11-16). Perhaps unrelated to each other, but some of the largest single name stock option trades that day were energy sector names that have been severely punished so far this year. Might be...
by Bob von Halle | Nov 2, 2018 | Commentary, Options
Great example today of what can happen to a forlorn company with large short interest, that modestly beats reduced earnings expectations. Newell Brands (NWL) is definitely a forlorn stock having dropped from mid 20’s down to the mid teens since this summer, as...
