Recent Options

SNAP: Looking for More Upside?

The second largest single name stock option volume leader today was SNAP June 7th $12 calls. Over 34,000 of them traded at prices generally between $.35 to $.45 with the stock ranging from $11.65 to $12.20 on the day before closing at basically at $12.00. Part of the...

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GE: View From Options Land

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 other two...

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Cenovus Energy (CVE): Update

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...

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