of course the stock market is all gambling period.. but if again, if some institutional is willing to risk $10 million on option premium (as an example) for short term, either he institution is reckless or they know something in advance. Look at constellation brands, when it dropped to 20's, huge option buyers from an institutional were placed, and it turned out the WSJ found that same institution were advising the merger! this market is full of institutions with insider trading knowledge and they use options to do it. No guarantees, but again, I like my odds long term over many bets.
and all it did was drop 5% to lows of the year when US indices continue marching higher.
maybe, but if you know something is going to happen, you buy the options, 7 out of 10 it works out pretty well for me. I'll take those odds, vegas offering those odds? lol...
i got in just a little bit to see whether those huge option positions on June 14 calls are betting the right direction. Livevol options outfit had a segment on TIVO and how the options and vol have spiked recently to historical levels which usually suggest big moves. And options are betting move up. But be aware that the same amount of options speculating activity in May did not do much - mainly flat. I'm in for short term trade, i don't know much on fundamentals on this one.
I'm long already awhile back. Last time it reported, it jumped quite a bit. But this time around it has been up on the news already so baked in short term. I anticipate a drop after earnings with support in mid 50's. Tencent jumped to all time highs yesterday so there is some momentum in this sector now. I would prefer to see it drop first, but I think one needs to do the buying after hours and not wait for it to roar back during next day. Of course, warning that SINA is damn volatile, you can lose your shirt in one day with this thing.
u might want to consider buying long dated deep in the money calls instead. You won't get dividends but your outlay would be much less.
stock did trend up nicely on strong volume, about time so at least temporarily there are some buyers out there who saw something they liked from the conference.
suggests new funds are establishing fresh positions - that this can go higher, into the 50's. this rocks!
is that what cnbc can dig up, two of the most dense people on earth to talk about apple.. Both of them are eff'n clueless....why would anyone listen to these junior reporters discuss apple? long or short, that was one waste of time to air those bimbos talking.
i'm surprised in this day of technology of video conferencing that physical presence is so important still for tech work. That surprised me. Didn't think visa impact hit was that big which suggests some investors that sold this thing like no tomorrow.
usually, stock rallies into a conference. Got to buy some puts for protection in case catalysts tomorrow isn't enough to reverse course, then this could break 60.
GS put a sell on SINA when it was trading above 100 a few years ago that turn out to be a good call. Now they say buy, I'll go along. Although, the analyst that made the sell call is not the same as the one who say buy today. SINA is a scary stock, it moves so much, so maybe worth waiting for a pullback to pick up. I like to buy in low 50's to add to my positions.
probably HFT whacking it. Crazy.
good to know, I thought they did presented already. quite a bit buying on 62.50 puts though. Maybe some protection is in order here. Those 70 May calls dropped like 80% today, whoever holding those calls taking a bath today, so their pain is already felt. Who knows, in a conference, anything can be said to spike the stock so maybe 70 calls might still be in play or worth a punt.
options expire next week? they were at a investment conference yesterday. Usually companies talk about good things, maybe something was said to suggest tougher or uncertain times ahead. Figure the visa problem was baked into the stock by now as well.. don't know, whatever case looks ugly. Damn.
do any central bankers have any guts to ease off the pedal now? don't think so, they are going to keep pumping a la Ben - it won't end pretty but they have to keep up the juice...well, at least until their friends and family buy enough put protection for them to kill this goosed up markets.
some hedge fund guy Jacobson at conference negatively talked about T, LINN and DLR, saying their yields shouldn't be trusted and DLR is only worth $20/shr. I was pretty close in buying DLR today, close call for me.
what is with these sweet heart deals? might as well buy GMCR stock instead of adding to SBUX.
no sh$t sherlock that options are derivatives. Anything else you want to educate people on? lol... ...... the point of the post is that options are leverage instruments to make big bets and sign of strong conviction one way or another - does that simple concept escape you?
Also, the Fed is distorting the markets, the Fed impact drowns out technical analysis these days. I mean the market hasn't dropped on a Monday this year! what are the odds of that happening? well it has happened in market history, and all these fascinating market records are shattered this year so do you think technical analysis would have predicted this? nope, because the Fed is messing with the market , pushing it up in one direction.