Saturday, January 18, 2020
Synopsis: Recently, there was unusual options activity in SPDR Select Sector Consumer Discretionary ETF (XLY). XLY represents consumer/retail spending in areas that aren’t considered essential products. It’s a good ETF to buy if you think economic growth is going to continue in 2020. It seems someone is bullish on discretionary spending through February as over […]
There has recently been unusual options activity in SPDR Gold Shares ETF (GLD). GLD is a popular method for trading gold as the ETF is based on physical gold holdings. Gold prices are moving higher due to the potential conflict between the US and Iran. Gold is often used as a hedge against uncertainty, and […]
Recently, there has been unusual options activity in Amazon (AMZN). The online retail giant has seen a record amount of business this holiday season. While it could be simply a matter of fewer people wanting to fight the holiday crowds, it also is a sign that consumer spending in the US has remained strong. After […]
Recently, there has been a lot of unusual options activity in Micron (MU). The computer memory company recently posted positive earnings, but the semiconductor industry as a whole has been on fire to close out the year. There has been a lot call trading in MU this week, which is often associated with bullish trading […]
There recently has been an unusual amount of options activity in iPath S&P 500 VIX Short-term Futures ETN (VXX). VXX is a popular product for trading short-term market volatility. The ETN tracks the first two futures of the VIX, which measures volatility on the S&P 500. With bullish news from the Fed and a potential […]
Just recently, there has been some unusual options activity in Exxon Mobil (XOM). The oil and gas giant has seen its stock price go higher on news of a surprise cut in oil production from Saudi Arabia. A cut in production is almost always bullish for oil companies like XOM. In response, a trader placed […]
Recently, there was some significant unusual options activity in United States Steel (X). A flood caused US Steel to shut down one of its steel mills and the stock dropped 6% on the news. This is the sort of situation that typically makes for a good shorter-term options trade. A steel mill closing should cause […]
This week, there was some significant unusual options activity in Tesla (TSLA). TSLA recently unveiled it’s new Cybertruck at a product launch and it was an unmitigated disaster. Not only does the “truck” look like something out of a bad sci-fi movie, but the supposed unbreakable glass windows were easily broken when tested at the […]
This week, the options trade of the week covers a big trade in the short-term volatility ETF. A trader placed a bearish put ratio spread in iPath S&P 500 VIX Short-Term Futures ETN (VXX), a popular method for trading short-term volatility, which is based on VIX futures contracts. A put ratio was executed with VXX at $17.60 […]
This week, the options trade of the week concerns the consumer staples sector. A trader took a large bearish position on the Consumers Staple Select Sector SPDR ETF (XLP). XLP covers the sort of goods consumers buy regardless of economic conditions like toothpaste and soda. It also includes the places where most people buy those goods like Walmart […]
