The last time I took a look at Chipolte (CMG) was late December (here) as the company’s e.coli / norovirus crisis was emerging. The stock had declined from its all time highs made in August 2015 …
Continue readingChipolte (CMG) – Burrito Loco
Western Digital (WDC) – Disk Driving
Earlier this year, hard disk drive maker Western Digital (WDC) closed its $16 billion acquisition for nand flash storage maker Sandisk. The date of the deal closing was May 16th, a three and a half year …
Continue readingMorningWord 9/27/16: Save it for Your iVillage Blog, Lemon
With the rise of the internet in the 1990s we stumbled onto something new and democratic. No longer were public thoughts and opinions simply the purview of ivory tower intellectuals (or good looking talking heads), …
Continue readingBig Printin’ – Bank Shots, BAC puts, XLF calls
We use this post to highlight unusual activity, especially what we perceive to be directional. We don’t suggest that this activity can be useful in making any investment/trading decisions about the underlying (i.e. blindly following …
Continue readingPepsi Challenged? – Q3 Earnings Preview
Event: Pepsi (PEP) is scheduled to report its Q3 results Thursday morning prior to the open. The options market is implying about a 2%* one day post earnings move which is rich to the 4 …
Continue readingMorningWord 9/26/16: Twitter (TWTR) – SubTweet
In case you missed the stories on Friday, it’s not likely that Twitter (TWTR) remains an independent company much longer. From CNBC’s David Faber: Since founder Jack Dorsey formally returned to the company a year …
Continue readingTwitter (TWTR) – A Little Birdy Said What?
The big story in the market today is the move higher in TWTR shares as it’s being reported that there is some interest in the company from a few of the big boys. From CNBC: …
Continue readingNike (NKE) – Swoosh?
Event: Nike (NKE) reports fiscal Q1 results Tuesday after the close. The options market is implying about a 4.25% one day post earnings move. With the stock at $55.50, the Sept30th weekly 55.50 strangle (the …
Continue readingMorningWord 9/23/16: Unicorny
On September 13th in this space (The Silicon Stock Exchange) I had some thoughts on private tech market valuations: For the first time in a very long time (or at-least in the modern investment era) …
Continue readingBig Printin’ – BABA call spreads, GLD calls, HYG risk reversal, TSLA roll
Here was some (apparently) untied directional options trades that caught my eye in today’s trading: BABA: the Chinese eCommerce giant Alibaba apparently has a date with its prior all time high near $120 (from late …
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