Smithfield Foods has been dropping, and the bears are looking for more downside.
optionMONSTER’s Depth Charge monitoring program detected the purchase of 2,500 August 19 puts for $0.75. An equal number of August 21 puts were sold for $1.75, but volume was below open interest.Read more »
The rally over the past few weeks has occurred at a blistering pace. Only a handful of times in history has the market, namely the S&P 500, pushed lower by 10% or more over the course of one month, only to rally more than 10% in the following month.Read more »
A large trader sees a solid foundation under shares of Home Depot as the stock remains near its highest level in more than a decade.Read more »
It’s a sobering picture.
The global financial system is in dire straits. Resuscitation now looks doubtful.Read more »
Danaher continues to bounce, but one call seller is betting that it will be limited.Read more »
Oracle is giving up some of last week’s gains, and one trader sees more downside ahead.
ORCL is off 0.42 percent to trade at $29.58 after trading as low as $29.15 earlier today. On Friday the database maker rallied off its 2012 lows, posting its highest close since May 2.Read more »
Unisys has been rebounding sharply all week, and one trader is betting that it has more room to run.
The information-technology company is up 6.05 percent to $19.28, continuing to spike higher since trading below $15 at Tuesday’s low. Despite the gains, however, UIS has been trending lower from its 52-week high of $27.43 set in late October.Read more »
One bull is sticking with Cablevision Systems as the stock fights its way back from multi-year lows.Read more »
In my webinar earlier this month, “How to Collect 15% from Stock Market Insurance” I presented the following slide and discussed the importance of protecting yourself against market declines. More importantly, I gave a few real-world examples of how we, as self-directed investors, can best implement such a strategy into our own portfolios.Read more »
Total option volume tops 5.7 million contracts as hedging subsides in the indexes and ETFs, according to optionMONSTER’s data systems. The SPDR S&P 500 (SPY) has 958,000 options traded, with a put/call ratio of less than 2 to 1. The S&P 500 Index (SPX) options total 276,000 and have a…Read more »