Long-Term Bullish Trade in SUNE

5 August, 2014

Option Alert, Uncategorized

SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. SUNE is currently trading around $19.76 in a 52 week range of $6.24-$24.35. The company’s stock has been outperforming the market this year with shares rallying 51.80% year to date. Options traders seem to think that this trend will reverse as order flow […]

Traders Calling The Bottom in DHR

24 July, 2014

Option Alert, Uncategorized

Danaher Corporation (DHR) manufactures medical products and provides services to support its customers worldwide. The company reported subpar earnings for the second quarter and cut its forward guidance causing the stock to sell off. But DHR is fighting back and some traders seem to think that it will continue its short rally with decidedly bullish […]

Traders Bet MA Will Continue Surge

15 July, 2014

Option Alert, Uncategorized

MasterCard (MA) ripped higher off the open today again. The stock is up over $3.00 since yesterday’s open. Traders are getting behind the move bidding the stock up $0.66 overnight and placing bigger bets in the options market in this morning’s session. One trade came across the tape for $81,000 worth of options expiring next […]

ALLT Poised to Breakout

11 July, 2014

Option Alert, Uncategorized

Allot Communications (ALLT) is trading around $13.00 and could be looking to break to the upside soon. We’re seeing big bets come across the tape today with traders getting long ALLT. The stock has strong support just below the $13.00 level and continued consolidation on volume would be indicative of a potential breakout. Look for […]

Puts Are Not Always Bearish, Popular, Inc. (BPOP)

9 July, 2014

Option Alert, Uncategorized

Popular, Inc. (BPOP) is a bank holding company with operations in Puerto Rico and the United States. The company’s stock is currently trading around $32.25 in a 52 week range of $23.97-$34.80. The stock has been doing very well this year with shares gaining 19% year to date. The stock has been in a tight […]

GRMN Trying to Find Place In the World

9 July, 2014

Option Alert, Uncategorized

Garmin (GRMN) shares are down over $3.50 today on a downgrade from Pacific Crest and are currently trading at $57.10. We’ve seen some bullish activity coming across the tape today. Traders are buying Aug 60 calls. This is a good example of how difficult it can be to determine whether order flow is speculative or […]

TS Riding Momentum Off Last Week’s Highs

7 July, 2014

Option Alert, Uncategorized

TS Tenaris SA (TS) is fresh off of an upgrade at Goldman Sachs, from “sell” to “neutral” and Guggenheim applied a price target of $55.00. The pipe manufacturing company based out of Luxembourg is trading $48.03 today, up 11.79% on the year. A lot of activity came across the tape last week and the stock […]

AAPL Set to Rage Thru September!

30 June, 2014

Option Alert, Uncategorized

Apple (AAPLE) is the hot stock of the day as traders and investors alike pile on board the train that is up over 30% since its last pullback that rebounded in February.  There’s a myriad of reasons why everyone seems to be getting long the Silicon Valley tech giant. Among them is the general sentiment […]

Traders Bet On More COP Upside

24 June, 2014

Option Alert, Uncategorized

Major bullish activity is coming across the tape today in Conoco Phillips (COP) despite coming off the highs from yesterday. Traders are betting that the generally bullish trend will continue and that this is just a pull back as they take profits and roll positions farther up. Today, we saw a trader close out of […]

Trader Takes Bullish-Neutral Stance In WSM

23 June, 2014

Option Alert, Uncategorized

Williams-Sonoma (WSM) investors have seen nice gains this year, as the stock is up more than 18% and continuing to make new highs. Paper is showing bullish activity as well. The stock has really taken off since beating earnings in May by four cents a share. The premium home goods maker is performing well as […]