Sunday, February 1, 2026
This past week, there was quite a bit of options action in Square (SQ). SQ has been a popular stock over the past year or so as one of Cathie Wood’s largest holdings in her ARK funds. The company is known for its payment processing business and also for its buy-in to the cryptocurrency industry. […]
I was surprised to find a sector that is set to explode quickly. I was surprised because this strong sector has been on an uptrend for the past 13-years…but has hit a trough and is turning up as you read this. If you think it’s technology, you’re wrong. Currently, the entire sector is about 17% […]
Shares of Tencent Music Entertainment Group (TME) recently plunged 50% from their all-time high of $32.25, to an intraday low of $16.31 following liquidation by a major hedge fund. Specifically, Archegos Capital Management was forced to unload a number of the positions it held following a margin call. Goldman Sachs, Morgan Stanley, Credit Suisse, and […]
Covered calls are one of the most popular investment strategies used by both retail and institutional traders. For retail traders, covered calls are easily accessible and don’t require a substantial amount of maintenance. For institutions, covered calls are beneficial both because they can scale into the billions of dollars and because they have long-term portfolio […]
Significant options volume showed up on earnings day last week for Micron (MU). The computer memory chip producer was up nearly 5% on better than expected earnings. That’s likely why 75% of the 335,000 options that traded that day were calls. Call activity tends to correlate with bullish activity in the stock. Several of the […]
Markets and asset classes are very much intertrwined. But when you look at just the stock market you get only a fraction of the information you need to know. There’s a very simple but also very powerful indicator that I like to use to confirm the messages I see in the stock market. The way […]
Schlumberger (SLB) is the largest oilfield services industry in the world, with a presence in every energy market through its four main business segments: Reservoir Characterization, Drilling, Production, and Cameron. The company prioritizes providing top-notch services to its customers by being a global driver in technological innovation and is better positioned than most of its […]
On an active day this past week we saw double the normal amount of options activity in VanEck Vectors Semiconductor ETF (SMH). SMH is a popular gauge of the semiconductor market and also generally is actively traded by options traders. It appears someone rolled a massive in-the-money covered call in SMH, from May to August. […]
Even if you’re not a “chart reader”…even if you think technical analysis is like reading ‘tea leaves’… I have a special chart pattern that is my absolutely favorite after 20 years of trading. As the market is selling off, expect to see this pattern emerge multiple times over the next month. And when you see […]
Ingevity (NGVT) has been on the verge of making fresh 52-week highs as shares flirt with key resistance at the $80 level and the stock’s early January peak at $79.68. The company, which produces a variety of carbon materials and specialty chemicals, was spun out of WestRock (WRK) in 2016 at $25 a share. NGVT […]
