by Gary S. Morrow | Mar 8, 2019 | Chart of the Day, Options
Here’s Bob’s take: Huge call option flow today in ABB, the European engineering and construction company, that was profiled a couple of weeks ago for its exposure to the growing field of robotics. The company is in the process of completing the sale of...
by Bob von Halle | Mar 8, 2019 | Commentary, Options
I have no horse in this race, but the volume of option activity in Chinese electric car manufacturer (and a very small one at that….despite what the 60 Minutes expose last Sunday would have you believe) is absolutely astounding. Here is a great recap and chart...
by Bob von Halle | Mar 4, 2019 | Commentary, Options
Quick follow up to my post last week on Cenovus Energy (CVE). The name continues to see bullish upside option activity as it holds above its 200 day SMA at $9.00. In a continuation of the large spread trade that has gone on for more than a week, on Friday an investor...
by Gary S. Morrow | Mar 1, 2019 | Charts, Options
Been a brutal road down for the Canadian energy company Encana (ECA) dropping from almost $15 all way down to almost $5 as the market HATED its acquisition of Newfield Energy, paid for mostly with stock. But lately the stock has been on the mend and is trying hard to...
by Bob von Halle | Mar 1, 2019 | Commentary, Options
Big surge in option activity in Nielsen (NLSN) the media ratings company. Probably result of Elliott Management’s activist involvement in the company as well as article in the media yesterday talking about its undervaluation vs. other media properties that have...
by Bob von Halle | Feb 28, 2019 | Commentary, Options
Interesting bullish activity in Marathon Oil (MRO) today, with over 40,000 April 18 call options trading, with most being purchased between $.35 and $.40 with the stock around the $16.65 zone. That is over 5 times the average daily volume traded in this name on a...
