by Bob von Halle | May 15, 2019 | Commentary, Options
Someone out there is drawing the proverbial line in the sand when it comes to CVS Health (CVS) as the stock nears its 52 week low around $52 (current price $52.70 as I type this). Today, over 14,000 of the June 50 puts were SOLD at prices between $.90-95. That follows...
by Bob von Halle | May 13, 2019 | Commentary, Options
Bit of interesting trading in two large regional banks all skewed to the call option side. Key Corp (KEY) around $16.60: Over 13,000 May 17th 17 calls bought for 18 cents (expire Friday) and almost 3,000 June 17 calls bought for 40 cents. Regions Financial (RF) around...
by Bob von Halle | May 1, 2019 | Commentary, Options
I have no horse in this race, but if you were wondering about how the options market viewed yesterday’s GE earnings release, it can be summed up in one word: BEARISH Three of the top 5 most active single name company stock options yesterday involved GE (the...
by Bob von Halle | Apr 25, 2019 | Commentary, Options
In a strong semiconductor group, one name stands out as especially strong…..Marvell Technology (MRVL) which has traded up from $20 per share in the beginning of April to today’s 25.5 level in a straight line higher. Someone expects ALOT more of a move to...
by Bob von Halle | Apr 23, 2019 | Commentary, Options
Quick update on Cenovus Energy (CVE), the Canadian heavy sands oil company that I wrote about in early March when the stock was trading around $9/share. It has moved substantially higher since then and is trading at $10.45 as I type this note. Absolutely MONSTER...
by Bob von Halle | Apr 23, 2019 | Commentary, Options
Been a tough road across the health care space in recent weeks……hospitals, insurers, drug companies, drugstores….you name, it has likely been a steady downward slope. That is why it caught my eye when one of the heaviest volume contracts in...
