International Game Technology is in one of many favorite spaces, the gambling space. They designs, develops, manufactures, and markets casino-style gaming equipment, systems technology, and game content for land-based and online markets worldwide. We have seen a slew of Bullish Call activity and even though the stock is trading under the Ichimoku Cloud it might...
Southwestern Energy Company (SWN) is an independent oil and natural gas company with a focus on exploration and production. The company’s stock is currently trading around $42.35 in a 52 week range of $31.91-$43.51. The stock made a new 52 week high yesterday extending its year to date rally to about 7.5%. Traders seem to believe that SWN’s strength will continue...
OSI Systems, Inc (OSIS) is a designer and manufacturer of electronic components and parts for the healthcare, aerospace, security and defense industries. The company’s stock is currently trading around $61.85 in a 52 week range of $39.00-$78.50. The stock has under performed the market over the past year with shares gaining only 8.12%. Recent price action has been...
Rovi Corporation (ROVI) is a IT services and consulting firm with a focus on digital entertainment. The company’s stock is currently trading around $23.85 in a 52 week range of $16.00-$26.55. The stock has been performing well over the past year with shares rallying over 32% in the past 12 months. Options action in ROVI during today’s trading session would suggest...
Comstock Resources Inc (CRK) is a oil and natural gas exploration and production company with most of its operations in Texas and Louisiana. The company’s stock is currently trading around $20.00 in a 52 week range of $13.12-$20.12. The stock has performed very well in the past year with shares gaining over 45% in the past 12 months. Options action in CRK during...
Xylem Inc (XYL) is a provider of pumps and pumping equipment for water and wastewater applications. The company’s stock is currently trading around $38.35 in a 52 week range of $23.61-$38.50. The stock has performed well over the past year with shares rallying nearly 36% over the past 12 months. The stock made a new all-time high today and is up nearly 1% on the...
Tesla Motors, Inc (TSLA) is a designer and manufacturer of electric cars and electric vehicle components. The company’s stock is currently trading around $202.50 in a 52 week range of $33.80-$205.50. TSLA opened at a new 52 week high before selling off slightly as buyers seem to be coming into TSLA stock ahead of their quarterly earnings report set to be released...
I have a love hate relationship with AAPL since 2006. I have made over $1 Million trading AAPL in 2 separate years, but it also blew me out in 2006. I remember that day like it was yesterday, this was the first time that AAPL sandbagged their Guidance after a great Quarter. The stock went from $91 to $99 and then to $81. I lost over $100,000 that day and...
We saw this last year when the AAL Merger was first talked about and then every single Airline stock ripped to the upside. Well, I think this will happen with the Cable companies as well. I personally am long Calls in CMCSA, DTV, and TWX. I have no position on in VIAB, but if I see Huge institutional order flow and bullish activity in the Options market, I will...
Too many traders worry about what a company does or how they make money. Stocks are only worth one thing, the difference between what one trader is willing to pay for it and the price where a trader is willing to sell it for. There are 8700 publicly traded stocks with 4200 of those with options. The Ichimoku Cloud tells me that WWE is the BEST chart out there...
Southern Copper Corporation (SCCO) is a company that produces copper, zinc, and silver. The company’s stock is currently trading around $32.45 in a 52 week range of $24.50-$40.48. The stock has greatly underperformed the market over the past year with share prices falling over 19% in the past 12 months. In recent months however, the stock has been relatively...
Republic Airways Holdings Inc (RJET) is a holding company whose subsidiaries offer commercial air services to destinations in 132 cities in the U.S., Canada, and Mexico. The company’s stock is currently trading around $9.20 in a 52 week rang of $8.66.13.92. The stock has been underperforming the market with share prices falling 1.75% over the past 12 months. Stock...
hhgregg, Inc (HGG) is a consumer electronic retailer operating 208 stores in states across the country. The company’s stock is currently trading around $8.45 in a 52 week range of $7.23-$20.75. The stock has underperformed the market over the past year with shares down 13% in the past 12 months. Options action in today’s trading session would however suggest that...
Scientific Games Corporation (SGMS) is a manufacturer of gambling and gaming machines for lottery and gaming organizations around the world. The company’s stock is currently trading around $13.20 in a 52 week range of $7.55-$19.48. The stock has been very strong over the past year with shares rising around 42% in the past 12 months. Big call buyers in today’s...
Early in today's session a trader bought 4,630 ANGI Feb 20-22.5 call spreads for $0.40. This is a bullish trade that represents volume nearly 3 times the average daily option volume in ANGI. The stock is also trading above the Ichimoku Cloud indicating it is in bullish territory. We believe that this order flow is strong enough to justify a long in ANGI.
. Early in today’s trading session a trader bought 1,215 IMAX Feb 27 calls for $0.90 and sold 1,215 IMAX Mar 23 puts for $0.20. Volume on the Feb 27 call line has now reached 3,200 contracts and will add to open interest of 1,711 on that line. This also adds to the persistent call buying we have seen over the past week. Although the chart of IMAX is relatively...
Earlier in today’s trading session a trader bought 16,000 TOL Sep 37 calls for $3.95. Over 20,000 contracts have now traded on that line and today’s option volume in TOL is now nearly 8 times the average daily option volume in the name. With stock trading well above the Ichimoku Cloud and the future cloud sloping upward we believe that TOL is setting up well for...
Today a trader bought 1,270 of the AMT Weekly 79 Calls for tomorrows expiration. Labeled as an opening position this trade does seem somewhat suspicious. We could see a big move higher in AMT tomorrow.