COMMENTARY

Recent Commentary

Macy’s: Bottom Still Not In?

A very notable, and by far the largest, single name stock option trade of the day just now was the purchase of 45,000 Macy's (M) Feb 23 puts for $.47 with the underlying stock at $25. Clearly someone is worried that the 15% wipe out in Macy's stock last week has more...

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Oil Service Update

Quick update on the Oil Service sector...primarily the two heavyweights, Schlumberger (SLB) and Halliburton (HAL). Been a very tought sector for quite some time, but interest appears to be perking up with the recover in oil prices. Two of the bigger single name stock...

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