News
August 20, 2008
Lennar calls more active than usual as investors bet on a bottom
LEN
Lennar calls find interest, possibly on bets that the stock has bottomed.
Eagle Materials shares jump, sparking call buying
EXP
Eagle Materials sees call buying as the underlying shares rise. If the stock continues to gain, short-covering could give the shares an additional boost.
Target rating prompts review of WalMart pair trade
TGT WMT
Given the huge run, WMT has to do everything right going forward without so much as a hiccup in order for the stock to continue to move higher.
Dollar, Gold and Oil will be triggers today
Goldcorp is down $20 in the past month on the gold slide. Overseas markets trading higher today. Hewlett-Packard earnings beats estimates.
What's news?
FNM FRE EBAY LEH HPQ BMY WB
A summary of today's top stories for traders.
August 19, 2008
SPX selling off, VIX points to more downside
SPX VIX
The major indices have been selling off as expected, bringing the VIX up above 22 for a time today.
Taser traders add to bullish position on new executive, technical charts
TASR MSFT
Taser attracts call buying after naming a former Microsoft executive as chief strategy officer of a new division. Technical charts also may be showing signs of a recovery for the shares.
Petroleo Brasileiro SA calls grab interest on report of Soros stake
PBR
Petroleo Brasileiro SA shares have dropped recently due to a decline in crude prices. However, the stock and its calls are garnering some new interest on a report billionaire investor George Soros' fund has taken a new stake in the company.
What's news?
CME FNM FRE LEH CSCO C AAPL
A summary of today's top stories for traders.
Boyd trade moves fast
BYD GS
After topping out at $14.92 on August 11th, BYD gives back the entire move back and more.
August 18, 2008
Broadcom calls get active on Apple iPhone sales, analysts
BRCM
Broadcom sees call buying, possibly benefitting from what analysts see as Apple's iPhone success. A weekend article in Barron's also helps.
VIX binary trade is large bearish bet
VIX
Someone is making a large bet that this market decline will worsen over the next two days.
AutoNation bears continue to pile on
AN
AutoNation bears add to their positions this morning. The shares are struggling to stay above $12.
Zimmer Holdings calls, volatility jump
ZMH
Zimmer Holdings jumps on talk the company could be a takeover target. Calls show some interest even as implied volatility jumps.
Weyerhaeuser traders betting stock keeps falling
WY
Weyerhaeuser gets put attention after shares fail to hold above $55 apiece.
XLF options volume continues to soar
XLF
Shares of the XLF were virtually unchanged on Friday, finishing at 21.36 as the huge options volume continued.
What's news?
LEH C BHP MS DAL GE
A summary of today's top stories for traders.