bear put spread
CASE STUDY — FB Dec 15 – 20 Put Spread — *closed*
Judging from the responses from last week’s Facebook (FB) earnings survey, some of you expect the stock price to suffer additional losses throughout the remainder of 2012. FB lost 11.7 percent and fell to new lows of $23.71. Meanwhile, the top options trades on the stock were part of a spread, in which the investor [...]
Case Study — XHB Sep 18 – 20 Put Spread — *expired*
SPDR Homebuilder Trust (XHB) was up 23 cents to $21.75 Friday and an investor was building a Sep 18 – 20 put spread on the ETF. The flow was in mixed sized lots, mostly on the International Securities Exchange. The spread was bought a total of 8,165X on ISE. About 33 cents was paid to [...]
Slick Play on Exxon
Exxon Mobile (XOM) is off $2.47 to $82.50 after crude lost more than $2.50 and fell to less than $79 per barrel Thursday. Crude is now at its lowest levels since early-October and has plummeted nearly 30 percent since late-April. One player in the options market made a well-timed bet in anticipation of weakness in [...]
