Regular readers of RiskReversal, viewers of CNBC’s Fast Money & Options Action and my followers on Twitter are likely familiar with two of my adamant leanings in 2016, one having to do with the election and …
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Salesforce equals SaaS times Deceleration
There is little doubt that Salesforce.com (CRM) has been a pioneer of one of the largest secular shifts in enterprise computing in decades, and is helmed by a guy who has the potential to be the next …
Continue readingSalesforce (CRM) FQ2 Earnings Preview & Ideas
Event: Salesforce.com (CRM) reports fQ2 results tonight after the close. The options market is implying about a 5.5% one day move, which is basically inline with the 4 qtr one day average move of 5.3%, …
Continue readingMorningWord 8/18/16: Cloud Pity
The technology industry is full of ‘collaborations’. Established players that are slow to innovate and adapt to increasingly rapid change often invest in, or partner with smaller companies for a whole host of reasons. I …
Continue readingMicrosoft (MSFT) Fiscal Q4 Earnings Preview
Event: Microsoft (MSFT) reports fiscal Q4 results tonight after the close. The options market is implying about a 4.5% one day move, which is well below the 4 qtr average one day move of about 6.6%, and inline …
Continue readingUpdate – Closing $MSFT Put Calendar
On more than one occasion over the last few days since Microsoft’s (MSFT) announcement that they are buying LinkedIn (LNKD) for $26 billion, Dan has offered some skeptical thoughts on the reasoning for such an acquisition (read here). …
Continue readingMorningWord 6/14/16: I Have a Price, Therefore I am
I don’t have too many go to sayings about markets and trading. There is one that I hear on the Finance Twitter a lot, Price is Truth. The assumption is that risk assets trade where …
Continue readingBig Printin’ – $LNKD: Who Knew?
We often detail “unusual options activity” not because we think there is necessarily specific knowledge to be gained as to the direction of the underlying, but because it often reveals investor sentiment/fears into an event. …
Continue readingMorningWord 6/13/16: $MSFT gets $LNKD
You’ve seen the news that Microsoft (MSFT) is paying $26.2 billion in cash to acquire LinkedIn (LNKD). I am sure MSFT has some pretty good reasons for paying 7x expected sales for LNKD, sales that are expected to grow …
Continue readingMorningWord 4/29/16: $LNKD Is Awaiting Your Repsonse
Shares of LinkedIn (LNKD) are up about $7, or about 5.5% this morning following better than expected Q1 results, and a bump to guidance, from Bloomberg: From press release: 1Q adj. EPS 74c, saw ~55c in …
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