Thoratec has been rallying and one investor apparently thinks that the gains will continue.Read more »
The biggest single print of the day is in the iShares MSCI Japan Index Fund, where one trader is apparently looking for more volatility.Read more »
Gannett is up modestly with the rest of the market today, but one large option trader is taking a downside position ahead of the media company’s earnings report on Monday.Read more »
One investor is betting that CenturyLink will stay stuck in a range even as the telecom stock probes its recent highs.Read more »
The HYG corporate-bond fund is not far off its 52-week highs, but a large three-way trade is looking for a pullback.Read more »
Visa is not far the all-time highs it reached last week, and a large trader sees current levels holding.Read more »
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 »