Is It Too Late to Hedge Your Portfolio Risk?
To Hedge or Not to Hedge A lot of questions from our subscribers came in yesterday about how to hedge and whether they were too late to do it. It’s pretty typical for investors to think about hedging as the sell-off is occurring or after its over. One of the important points to make about…
Hasbro, Inc (NASDAQ: HAS) Sees Surge in Long Put Activity
HAS Unusual Option Activity Report Hasbro’s share price fell 9.3% following the company’s earnings report on Monday before the market open. The price has been searching for support the past couple days, but Wednesday’s option activity is pointing to additional downside. HAS Seasonality In a statement on Tuesday, Hasbro CEO is optimistic about the company’s…
What does the VIX say about an S&P 500 Bottom?
S&P 500 Bottoming is a Process The S&P 500 has been searching for a tradable bottom since the sell-off following its September 2, 2020 high. The best way to describe the price action since that point has been “listless.” Without the drivers of stimulus and Federal Reserve policy easing, stocks have failed to find adequate…
Earnings Week: What to Expect from Monsters of Tech
Tech Earnings Preview This is a huge week for the market as over 20% of the S&P 500 market cap and over 45% of the Nasdaq 100 are set to announce earnings this week. That may sound like a lot of companies, but it’s not. Just five companies make up that amount of value! It…
Cisco Systems Price Fades as Call Option Buyers Step In
CSCO Unusual Option Activity Cisco saw its price fall over two percent on Tuesday as it broke its $37.60 support. The high volume selling masked a big day in the options market for the company. The juxtaposition of a falling share price and bullish option interest is an interesting combination as the price marches lower…
Wells Fargo Attracts Speculative Bullish Option Interest
WFC Unusual Option Activity Report You wouldn’t typically be thinking bullish thoughts as a company like Wells Fargo & Co (NYSE: WFC) falls 2.75% and is testing its 52-week low. However, these are not exactly normal times and WFC has been a significant underperformer within the banking space. The unique position that it finds itself…
HOG Bears Take Joyride Ahead of Earnings
HOG Unusual Option Activity Report It appears that there may be some trepidation for Harley-Davidson Inc (NYSE: HOG) investors headed into tomorrow’s earnings report. The price closed above recent resistance on Friday near $29.50 but finds itself 4.2% lower early Monday. The company will announce their earnings Tuesday morning before the open. It appears that…
KRE Gets 'Most Unusual Option Trade' Award
KRE Unusual Option Activity Report During my daily classes on TheoTrade, I’ve been discussing the bullish option activity in regional banks for several weeks. Before the recent rally got started, there were several unusual option trades which were pointing to a bullish move. If you missed it, check out this post today discussing some of…
GE Option Activity Indicating Bullish Earnings Move
GE Unusual Option Activity Over the last few weeks, the share price of General Electric (NYSE: GE) has been ripping higher. The movement comes as the company is set to announce their earnings on October 28 before the market open. Although the price has rallied over 30% during this period, it is still down over…
Sonos Inc (NASDAQ: SONO) Turns Up the Option Volume
SONO Unusual Option Activity Report The share price of Sonos Inc surged nearly 7% higher at the time of this writing. The move is a significant breakout on substantial volume. It was the analyst upgrade at Bank of America that sparked the enthusiasm. The analyst, John Babcock, upgraded his recommendation to a buy form a…