GNC Holdings, the purveyor of diet and nutritional supplements is trading 42.18 up about 4%. 30 day IV is 30.41, which is right at the lowest level we have seen in two years.
Using Leverage to Get Leverage in GNC Holdings (GNC)
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Office Depot Inc. (ODP) & OfficeMax Inc. (OMX) Merger Talks Spark Call Trading
Over the weekend ODP and OMX announced they were in merger talks. ODP was trading up about 17% up .85 to 5.45
STZ May Not Be a Done Deal
STZ was up very hard on the InBev, Modelo Deal rallying 37%. But, I question whether the deal is 100% a go based on the option trading yesterday.
Someone Is Seeing the LUV
Southwest Airlines is trading 11.66 up .05 and is at a 52-week high right now. With the rally, IV is actually rallying. 30 day IV is trading 25.15 up 1.5%
Call Buyer in Freescale Semiconductor (FSL)
Freescale Semiconductor (FSL) is trading at 15.45, up .31 on the day, and is seeing heavy March call buying.
Some Life Emerges in Game Stop (GME)
Game Stop (GME) is trading 25.80 up .38 today. The company, which has been under pressure due to weak holiday sales, recently received some positive commentary from an analyst pointing toward the stock possibly being oversold.
Put Seller in TransCanada Corp. (TRP)
TransCanada Corp. (TRP) is an Oil and Gas infrastructure company. It is currently trading at 48.48, with an IV or 15.78.
Call Roll in Boyd Gaming (BYD)
Shares of Boyd (BYD) gaming are up almost 10% today trading at 7.78
Was the VIX Accurate Yesterday? Hint: NO
After the bell, no matter where the VIX ended up closing, the news on the closing bell was going to be how the VIX was up 10% or more, which is some kind of huge move in the ‘fear index’.
Big Put Spread Goes Up in Exxon Mobil Corporation (XOM)
Exxon Mobil Corporation (XOM), which has earnings tomorrow before the open, is seeing some significant action in July.
AMZN Earning’s Analysis as Seen on Bloomberg TV
Yesterday, Mark Sebastian (of Option Block, Volatility Views, and Option Pit fame) was on Bloomberg TV today talking about AMZN earnings.
Do Non-Farms Matter This Time?
With today’s snoozer in the market, one has to wonder what exactly is holding up the VIX.