Here was some large possibly directional options trades that caught my eye in today’s trading: GM: Shares of General Motors are having one of their worst days in months, down 4.25% following Q3 results that …
Continue reading
Walmart has been a massive out-performer in 2016, up 18% ytd vs the S&P 500 (SPX) up a tad less than 7%, and the S&P Retail etf up 7.5%. Call volume is running hot today …
Continue reading
Walmart (WMT) and Target (TGT) have been newsy of late. WMT’ made a $3.3 billion offer for online retailer Jet.com a couple weeks ago, a company who’s store has been live for a little less …
Continue reading
Two weeks ago, Unilever, a company with its origins in Victorian England, and whose mission at that time was ‘to make cleanliness commonplace; to lessen work for women; to foster health and contribute to personal attractiveness, that …
Continue reading
Earlier I offered some updated thoughts on the current investment environment (MorningWord 6/28/16: Eyes Wide Shut). In summary, I’m less than sanguine for U.S. stocks. That has been my view since the start of 2015. …
Continue reading
On June 14th, I expressed a near term bearish view in Alibaba (BABA) with a defined risk trade that looked to finance August near the money puts with shorted dated puts of the same strike …
Continue reading
We traded Walmart into yesterday’s earnings (here was the initial trade idea from April 29th, here was the trade management from May 13th, here was the exit from May 18th, and here was the post …
Continue reading
Shares of Walmart (WMT) are up a whopping 8% this morning after reporting Q1 sales that beat expectations with a same sales stores sales comp of a 1%. The stock is making back a good …
Continue reading
Retail stocks have been under a ruthless attack with the latest casualties Costco (COST) and Target (TGT) this morning. The Retail sector has been in our sights from the short side since early March. Here was our initial …
Continue reading
On April 29th we initiated a bearish trade in Walmart (WMT) when the stock was $66.66 targeting its q1 earnings report due tomorrow before the bell. We expressed this view by financing a May regular expiration …
Continue reading