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When Volatility Doesn’t Do What You Think It Will

When Volatility Doesn’t Do What You Think It Will

by Andrew Giovinazzi | Dec 20, 2012 | Trading & Analysis

Did anyone catch the volatility markup at the end of the day yesterday? We had fairly solid pre-opening activity this morning, but news of the budget standoff sent the market into a small tailspin.

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Call Buying in Avon Products Inc. (AVP)

by Andrew Giovinazzi | Dec 19, 2012 | Unusual Activity

Shares of Avon Products Inc. (AVP) were trading up .20 today to $14.71. AVP has year-to-date low of $13.70.

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Put Buying in the National Bank of Greece, SA (NBG)

by Andrew Giovinazzi | Dec 19, 2012 | Unusual Activity

Shares of National Bank of Greece, SA (NBG) were trading up .19 today to $1.90. NBG has a year-to-date low of $1.12.

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Bullish Call Spreads Trading in Microsoft Corp. (MSFT)

by Andrew Giovinazzi | Dec 19, 2012 | Unusual Activity

Shares of Microsoft Corp. (MSFT) were trading down today .26 to $27.31. MSFT is trading just $2 off of lows of the year.

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Call Spreads Trading in Achillion Pharmaceutical (ACHN)

by Andrew Giovinazzi | Dec 19, 2012 | Unusual Activity

Earlier today, shares of Achillion Pharmaceutical (ACHN) are trading down.14 to $8.50. ACHN has recently traded as low as $7 in the last three months.

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Calls Trading at Newcastle Investment Group’s (NCT) Yearly Highs

by Andrew Giovinazzi | Dec 18, 2012 | Unusual Activity

Shares of Newcastle Investment Group. (NCT) are trading up .18 today to $8.55. NCT is making a new high for the year today.

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Bullish Calls Trading in Fifth Third Bank Corp. (FITB)

by Andrew Giovinazzi | Dec 18, 2012 | Unusual Activity

Shares of Fifth Third Bank Corp. (FITB) are trading up .33 today to $14.99. FITB is trading near its highest level in three months.

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Calls Trading in Statoil ASA (STO)

by Andrew Giovinazzi | Dec 18, 2012 | Unusual Activity

Yesterday, shares of Statoil ASA (STO) were trading up .10 to $24.68. STO traded as high as $24.71 today and is still looking to get back to three-month highs of over $27.

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Puts Trading in Incyte Corp. (INCY)

by Andrew Giovinazzi | Dec 18, 2012 | Unusual Activity

Yesterday, shares of the Incyte Corp. (INCY) were trading up .02 to $16.06. INCY was trading near the lows of the year which bottomed at 15.43.

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Calls Trading in Taiwan Semiconductor Manufacturing (TSM)

by Andrew Giovinazzi | Dec 17, 2012 | Unusual Activity

Shares of Taiwan Semiconductor Manufacturing (TSM) were trading down 0.10 today to $16.86. TSM traded as high as $16.99 today and is trading close to the 52 week high.

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Calls Trading in Financial Sector SPDR (XLF)

by Andrew Giovinazzi | Dec 17, 2012 | Unusual Activity

Shares of the Financial Sector SPDR (XLF) were trading up .27 today to $16.27. XLF traded as high as $16.29 today and is trading near a three-month high of 16.49.

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Is AAPL Still AAPL?

Is AAPL Still AAPL?

by Andrew Giovinazzi | Dec 17, 2012 | Trading & Analysis

As I watched the market on Friday, most of the volatility was coming from AAPL. Traders still cannot get past the fact that AAPL has changed into a slightly different stock lately.

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