Showing posts with label prop trading. Show all posts
Showing posts with label prop trading. Show all posts
Wednesday, April 18, 2012
Thursday, December 15, 2011
Monday, October 24, 2011
Tuesday, October 18, 2011
DeMark Says S&P 500 May Peak Above 1,250 This Week, Decline 5.6%
DeMark Says S&P 500 May Peak Above 1,250 This Week, Decline 5.6%
S&P 500 may advance as high as 1,254 before falling at least 5.6%, technical analyst Tom DeMark wrote in an e-mail today.
This rally should squeeze short sellers and exhaust late buying: DeMark; The rally should be fast.
DeMark's prediction last month that the S&P's decline would stop at 1,076 proved prescient, it bottomed at 1,074.77
S&P would produce sell signal today by closing above its Oct. 12 close of 1,207.25, marking 9th consecutive day the benchmark exceeded its final price four days earlier: DeMark
Close above 2-mo. high of 1,224.58 reached on Oct. 14 would "perfect" the sell setup:
-DeMark
http://seaofopportunity.blogspot.com/
*Special thanks to Option Radar, BMO Capital, MEB Options, Bloomberg, Reuters, Optionistics, LiveVolPro, CBOE, AMEX, Option Monster, T.O.P. group, and all of the options desks and traders we work with to provide the option flow!
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
S&P 500 may advance as high as 1,254 before falling at least 5.6%, technical analyst Tom DeMark wrote in an e-mail today.
This rally should squeeze short sellers and exhaust late buying: DeMark; The rally should be fast.
DeMark's prediction last month that the S&P's decline would stop at 1,076 proved prescient, it bottomed at 1,074.77
S&P would produce sell signal today by closing above its Oct. 12 close of 1,207.25, marking 9th consecutive day the benchmark exceeded its final price four days earlier: DeMark
Close above 2-mo. high of 1,224.58 reached on Oct. 14 would "perfect" the sell setup:
-DeMark
http://seaofopportunity.blogspot.com/
*Special thanks to Option Radar, BMO Capital, MEB Options, Bloomberg, Reuters, Optionistics, LiveVolPro, CBOE, AMEX, Option Monster, T.O.P. group, and all of the options desks and traders we work with to provide the option flow!
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
Friday, October 14, 2011
Morning Note Oct 14
October 14, 2011
Equity futures are trading above fair value ahead of today's Oct Michigan Consumer Sentiment at 09:55 ET and as G20 Finance ministers are meeting in Paris today to find a solution to the debt crisis. Greece remains the central focus but fears of a spread to other Eurozone countries and banks remains high.
Wednesday, October 12, 2011
Options Flow Recap Oct 11
Macro / Thematic
EEM – 76,000 of the October 36 / 39 put spread was sold at $1.11. The put spread was sold to close and likely closes a position opened approximately one month ago for a $0.55 debit.
SPY – 30,000 of the January 110 puts were bought for $4.44. 40,000 of the January 105 puts were bought for $3.29. 20,000 of the January 85 puts were bought for $0.92. 50,000 of the January 100 puts were sold at $2.43 and 40,000 of the January 90 puts were sold at $1.28. The trade was done as a package.
VIX – 18,000 of the January 25 puts were bought for $1.075.
XLF – 17,000 of the January 12 puts were sold at $0.98.
Monday, October 10, 2011
Options Flow Recap Oct 10
Macro / Thematic
iShares MSCI EAFE Index Fund EFA - 2200 of the November 52 calls were sold at $1.66.
iShares MSCI Japan Index EWJ - 30,000 of the December / March 10 call spreads were bought for $0.20. Likely a roll of a bullish position out to March.
SPDR Gold Trust GLD - 6000 of the November 163 / 171 1x2 call ratio spread was sold at $0.10. The investor bought one 162 call and sold two 171 calls.
Direxion Small Cap Bear 3X Shares TZA - 10,000 of the November 45 / 50 call spread was bought for $3.00. The calls spread appears to be bought to open. (I could see the argument that TZA is at support but risk 3 to make 2? There are better ways to play this)
PowerShares DB US Dollar Index Bullish UUP - 46,300 of the December 22 calls were sold at $0.38. ($ bounce might be over... traders taking profits)
Friday, October 7, 2011
Morning Note Oct 7th
October 7, 2011
US equity futures are trading lower ahead of September unemployment data due at 8:30 ET
Lipper reports equity fund outflows of ($5.9B) in w/e 5-Oct vs outflows of ($5.9B) in w/e 28-September. Ex-ETFs, outflows were ($638M) in w/e 5-Oct vs outflows of ($1.7B) in w/e 28-Sep.
Monday, October 3, 2011
Morning Note Oct 3rd
October 3, 2011
US equity futures are off the worst levels of the morning following Asia and Europe lower as continuing concerns over the banking sector and slowing global growth are once again highlighted after Greece admitted over the weekend it would miss it's Fiscal targets. With no resolution in sight to the EU debt crisis, anxiety continues to weigh on markets.
Friday, September 30, 2011
Morning Note Sept 30th
US equity futures are lower following Asia and Europe lower after slowing manufacturing numbers in China and weaker retail sales figures out of Germanyweigh on the markets.
Lipper reports equity fund outflows of ($5.9B) in w/e 28-Sep vs outflows of ($1.6B) in w/e 21-September. Ex-ETFs, outflows were ($1.7B) in w/e 28-Sep vs outflows of ($171M) in w/e 21-September.
Tuesday, September 13, 2011
Morning Note Sept 13
September 13, 2011
US equity futures are near fair value having rallied back from early morning lows. European markets were initially higher but then turned negative as hopes for China's interest in buying Italian bonds began to fade and attention turned once again to the banking sector as BNP Paribas (BNP.FP) denied they had liquidity problems.
Monday, September 12, 2011
Options Flow Recap Sept 12
Macro / Thematic
EFA – 6000 of the September 49 puts were sold at $1.46.
SPY – 6000 of the October 110 puts were sold at $4.00
Wednesday, September 7, 2011
SPX channel
Keep an open mind with this market. I'm watching this channel very closely and since we bounced off the lower end of it yesterday I wanted to show a couple possible outcomes from here. I'm going to keep this simple. 1177-1192 I think is worth taking a shot short. You can easily manage risk and we could break down to 1100ish or lower in the red scenario. But we might not break so move your stop to break-even or take some profits if we show signs of reversing. Good luck.
*Special thanks to Option Radar, BMO Capital, MEB Options, Bloomberg, Reuters, Optionistics, LiveVolPro, CBOE, AMEX, Option Monster, T.O.P. group, and all of the options desks and traders we work with to provide the option flow!
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
Tuesday, September 6, 2011
Thursday, September 1, 2011
Morning Note Sept 1st
September 1, 2011
US equity futures are trading lower following European Economic data that generally came out weaker than expected abd begative sovereign debt headlines. The market is awaiting ISM Manufacturing data due at 10:00 ET where consensus of 48.5 suggests contraction which was last seen in Jul 2009.
Spanish T-Bond: Spain treasury sells €3.62B in new 5-yr bond. Bid-to-cover ratio 1.8. Average yield 4.489%
Wednesday, August 31, 2011
Tuesday, August 30, 2011
Monday, August 15, 2011
Options Flow Recap Aug 15
Macro / Thematic
FXI iShares FTSE/Xinhua China 25 Index - 28,500 of the September 40 calls were bought to open for $0.50. A total of 40,609 traded on the day. Also a buyer of 23,000 Nov 42 calls for 65
IWM iShares Russell 2000 Index – 32,000 of the November 57 / 63 / 69 put fly was bought for $0.62. The put fly was bought to open and has a maximum profit $5.38 if the IWM closes at $63.00 on November expiration, a decline of 12.2% from the current price ($71.76).
GLD SPDR Gold Trust : seller 11,500 Jan 135/150 call spread for 13.10
IYR iShares Dow Jones US Real Estate : seller 5,500 Aug 61 puts, seller 5,500 Sep 56 calls, collecting 7.20
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