CNBC's Amanda Drury and the Options Action traders look at the past week's activity in the options markets, and discuss what they'll be watching next week.» Read More
It’s the kind of performance that can almost make you nostalgic for the good old dot-com days, when the fleecing of mom and pop investors was left to the Pets.com and iVillages of the world.
Two big stocks, two bold calls. That describes last Friday’s "Options Action," where the traders got bearish on a financial giant, and bullish on the king of Internet search.
If you thought JPMorgan and agriculture prices have little in common, you’d probably be right. But they do share one characteristic — they are both headed lower, if the traders on Friday’s "Options Action" are correct.
Last Friday’s Options Action was neither bullish nor bearish; it was strictly contrarian. The traders found a way to get bullish on a name almost everyone thinks is in unremitting decline – Best Buy. And they got bearish on Starbuck, a company that the street just loves— with 23 ‘Buy’ ratings and only one ‘Underperform.’
While equity investors long ago discarded RIMM to the unmarked grave of failed tech companies (see Palm, Nokia), options traders see opportunity.
Despite massive call buying a curious thing happened in the options pits: many people lost money. How could that be?
Why did we see a clip of two bears fighting on last Friday’s "Options Action?" Well, because that video basically summed up the whole show.
Amid the excitement over Facebook options, a far less obvious and somewhat overlooked development occurred in the options market: traders piled into IBM calls.
Two big names. Two very different trades. That more or less sums up last Friday’s Options Action.
After the worst week of the year for the S&P 500 and the Nasdaq, Riskreversal.com’s Dan Nathan thinks the scene is set for a global stock swoon over the next few months.
Two bearish trades on two wildly different companies. That more or less sums up last Friday’s Options Action, where the market’s recent rally took a back seat to some decidedly downbeat views on our show.
Nothing short of $40 billion dollars is on the line when Apple reports earnings tonight. That’s how much options prices are implying Apple stock will move following the release of its results.
Citigroup’s earnings appear to have given a lift to the financials, but the real test will come later this week when Goldman Sachs and Morgan Stanley report results.
What could it be that’s causing such heavy put volume in TJX today? With minutes left in the trading day, over 2,800 of the July 37.5-strike puts have traded hands, making it the second most active of all the TJX options.
We all know the stunning statistics about: Lions Gate’s "The Hungry Games"; third biggest open, best March opening, a global weekend haul of $214 million worldwide.
You might be wondering why the Nike April 105- and 100-strike puts are so active today.
Two trades. Two bearish calls. But that’s where the similarities end from Friday’s show.
Investors remain fixed on round numbers these days: Dow 13,000… Nasdaq 3,000… VIX below 20. But there’s another number that had our desk sounding the alarm on the market’s rally: $109.
Going against the herd is never easy, especially when money is on the line, but that’s exactly what our traders did last Friday.
You might be wondering why Bank of America puts are so active today, especially in the May expiry. Do options traders doubt the rally in the banks? Do they view BofA’s prospects as less than rosy? Plausible explanations for sure, but perhaps a simpler reason exists: Friday’s Options Action.
On May 10th, Mike made a bullish bet on Groupon. Is there still time to get on board, with CNBC's Mandy Drury and the Options Action traders.
CNBC's Amanda Drury and the Options Action traders look at the past week's activity in the options markets, and discuss what they'll be watching next week.
CNBC's Mandy Drury and the Options Action traders discuss the stocks they'll be watching next week.
Get knock-your-socks-off tools, simple one-click orders, real-time paper trading to hone your skills, and 24/7 support from dedicated trading specialists. Trade commission-free for 60 days and get up to $600 cash.
Make sure you’re always keeping up with the market with up-to-the-minute news and breaking stories. Move on possible breakout stocks and options with potential opportunity. Plus, get in-depth analysis on futures and forex in one seamless, integrated experience. Join TD Ameritrade and trade commission-free for 60 days + get up to $600 cash.
Mike Khouw, Options Action trader, shares his view on News Corp stock on the heels of testimony from Rupert Murdoch before British Parliament.
Do you have a question for the Options Action team? Options Action selects a viewer's question and gives the answer on the show's Make The Call Web Extra video.