Security Breach – $PANW

February 25, 2016 by Dan • Trades and Updates

Event: Palo Alto (PANW) reports their fiscal Q2 results tonight after the close. The options market is implying about a 10% one day move, which is rich to the 4 quarter average of about 5%. …

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$QQQ Tip

February 23, 2016 by Dan • Trades and Updates

The Nasdaq 100 (QQQ) had been a pretty boring trading vehicle for a while, as some of its large components had been in a fairly complacent upward trajectory for what felt like years. But then …

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SPY Has Butterflies?

February 12, 2016 by Dan • Trades and Updates

6Last night on CNBC’s Fast Money my friend Carter Worth of Cornerstone Macro Research laid out his technical view on the S&P 500 (SPX). He has been consistent for months, if not quarters that the …

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Pre-Earnings Ideas $DIS: Lettin It Go

February 9, 2016 by Dan • Trades and Updates

Yesterday I did a short preview on Disney’s fiscal Q1 results due out after the close: Event: Disney (DIS) will report fiscal Q1 results tonight after the close. The options market is implying about a …

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XLP: Have You Tried Staples?

January 29, 2016 by Dan • Trades and Updates

Regular readers know that I have been less than optimistic about the return environment for equities globally with the end of QE in late 2014, and the end of ZIRP this past December.  I know …

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Big Printin’ – Stay $GLD Ponyboy

January 26, 2016 by Dan • Commentary

What’s likely to be the largest trade in the options pits today was a bullish roll in the SPDR Gold etf (GLD). When the etf was $107, a trader sold to close 27,000 of the …

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