Those who bought Alcoa July call options on Monday managed to catch a break in spite of lackluster quarterly results. Late Monday the aluminum maker posted revenue figures below analysts' estimates -- the very type of news that can hammer a company's shares and evaporate the value of call options.
A fire is burning under options of two well known retailing names: Target and Macy's.
While Wall Street coasted into a sleepy pre-holiday finish on Tuesday, options in Hilton Hotels were actively traded as shares of Hilton rose in the abbreviated trading session.
The Chicago Board Options Exchange, the largest U.S. options market, said it will list options on The Blackstone Group starting on Monday.
On "Morning Call," two strategists agreed--naturally enough--that interest rates are a prime stock market mover. But they split on where rates and stocks are headed as the economy enters the fiscal year's second half. Ned Riley, CEO of Riley Asset Management, and Alan Lancz, president of Alan B. Lancz & Associates, offered their predictions to CNBC's Carl Quintanilla.
Stocks may open higher after early weakness on this final day of the second quarter. European markets are mostly lower, and Asia was mixed with Tokyo up 1%. The discovery of an explosive device in a car in London impacted market tone in Europe.
Options volume in Ford Motor swelled today as bulls moved in with force to snap up call options, or bets that Ford's stock will rise further above the 52 week high level that shares reached today.
Stocks are flat ahead of the opening, though stock markets worldwide are springing higher on the back of Wall Street's gains Wednesday. The focus today is on the Fed.
Stock futures point lower this morning after a weak showing in equities markets worldwide. European stocks are trading lower, and Asian markets were mostly down overnight. Volatility will no doubt be the tone of the day, as the Fed starts its two-day meeting. Durable goods fell 2.8%, below expectations. The dollar slid after the report and Treasurys rallied.
Stock futures are perking up this morning after three sessions of selling. Housing starts for May are reported today and there are a few earnings reports to make headlines.
In a special edition of "Power Lunch at the Four Seasons," Abby Joseph Cohen, the chief U.S. portfolio strategist at Goldman Sachs, offered her perspective on the markets, the S&P 500 and the global economy to CNBC's Bill Griffeth.
With the second half beginning next week, two market analysts joined "Morning Call" to give their outlook for stocks for the remainder of 2007. Charles Bobrinskoy, vice chairman and director of research at Ariel Capital Management, is "somewhere between cautious and bearish," while Patricia Chadwick, president of Ravengate Partners, "is not as worried."
An uptick in bond yields and rising oil prices are adding pressure to stock futures after yesterday's rocky trading day. Asian stocks were higher overnight, but European markets are wilting this morning.
Stock futures are laying a firm foundation for a higher opening today, as some big earnings dominate the morning headlines. Morgan Stanley stock is climbing after the firm reported a 41% increase in profit.
As stocks overcame weak housing data Tuesday morning, market experts shared insights on “Morning Call.” Scott Fullman, director of investment strategy at Israel A. Englander, highlighted the market’s “strong resiliency.” ... And Bill Nichols, senior managing director of equity at Bear Sterns, said new highs for “mega-caps” are good for the overall market.
Inflation data will set the agenda today as traders await the release of the CPI. Stock markets around the world are higher.
"Value" and "growth" mean different things to different analysts. Two fund managers, Turner Investment Partners' William McVail, and Putnam Investments' David King, explained to "Morning call" viewers how they define the investment terms -- and named the stocks they like.
On “Morning Call,” Brian Stine, investment strategist at Allegiant Asset Management, and Edgar Peters, chief investment officer at PanAgora Asset Management, discussed the best places for investors’ money during the current volatile market.
There's been a dramatic increase in options trading.
CNBC Senior Correspondent Scott Cohn is on the trail of a controversial former corporate executive who prosecutors say has fled the country. Cohn and a producer have traveled to the African nation of Namibia, searching for former Comverse CEO Jacob "Kobi" Alexander. Cohn has filed his first video dispatch from Namibia and you can see it here only on CNBC.com.