Tag Archives: BAC

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Earnings Take Center Stage

In my experience option traders fall into one of two distinct camps: single stocks and index/ETFs.  Despite similar contract specifications and pricing models, the mindset required to trade each product type is notably different.  Single stock traders have earnings releases, takeovers, and other company-specific events to worry about, while index traders tend to pay close […]






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CBOE Mid-Day Update 4.15.15

Volatility as an asset class Bank of America (BAC) is recently down 19c to $15.64 after reporting Q1 EPS with items 27c, compared to consensus 29c.  April call option implied volatility is at 26, May and June is at 19; compared to its 26-week average of 24. PNC Financial (PNC) is recently down 96c to […]






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Blogging Options: CBOE Morning Update 4.15.15

BAC off fractionally as earnings swing to positive ($5.6B less in legal fees helps) but revenue misses.  DAL up $0.50 but even as earnings met, DAL sees turbulance with dollar ahead. GOOG with EU problems this morning. Several Chinese economic numbers missed overnight.  Oil up ~1%.  Empire State Manufacturing off ~1.2% for April (+6.9% March, […]






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Next Week in Weeklys – 1/12 – 1/16

Alcoa reports Monday (1/12) after the close. Despite AA having been removed from the Dow Jones Industrial Average many market observers consider AA’s report to be the beginning of earnings season. Personally I think things get going when all the big financials report which begins Wednesday with JP Morgan Chase (JPM) and Wells Fargo (WFC). The […]






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CBOE Mid-Day Update 12.9.14

Volatility as an asset class Bank of America (BAC) is recently down 32c to $17.34 on the bank sees Q4 sales and trading revenue down linked-quarter, y/y. December call option implied volatility is at 19, January and February is at 20; compared to its 26-week average of 23. Citigroup (C) is recently down $1.19 TO […]






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CBOE Mid-Day Update 9.10.14

Volatility as an asset class Bank of America (BAC) is recently up 8c to $16.22 on seeing reducing branches to 5,000 by end of year. September and October call option implied volatility is at 19, December is at 20; compared to its 26-week average of 23. eBay (EBAY) is recently down $1.62 to $51.11 in […]






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CBOE Mid-Day Update 8.21.14

Volatility as an asset class Bank of America (BAC) is recently up 39c to $15.91 on paying a $16.65B settlement with DOJ. August 8/27/14 call option implied volatility of 21, September is at 16, October is at 15; compared to its 26-week average of 23. Auxilium (AUXL) is recently up 63c to $18.40 after announces positive data […]






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CBOE Mid-Day Update 7.16.14

Volatility as an asset class Bank of America (BAC) is recently down 31c to $15.50 Bank after reporting Q2 EPS ex-items 41c, consensus 29c and offered $13B to settle investigation into its mortgage practices. August call option implied volatility of 20, September and October is at 19; compared to its 26-week average of 24. Charles […]






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Blogging Options: CBOE Mid-day Update 4.28.14

Volatility as an asset class Bank of America (BAC) is recently down 85c to $15.10 after suspending capital actions, including repurchase authorization. May weekly call option implied volatility is at 34, May, June and August is at 24; compared to its 26-week average of 25. Apple (AAPL) is recently up $16.86 to $588.90 the company […]






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This Week in Weeklys – 4/14/2014

Whoever said better late than never was late to something.  That would be me this week with the Weeklys preview.  With all the hub bub around here about VXST, traveling, and hosting college students from all over something had to fall through the cracks.  Luckily 27 of the 28 companies with short dated options available […]






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Weekend Review – 3/9/2014

The front page of Barron’s addresses one of the ‘hot’ areas of the market, 3-D printing.  It is noted that the stocks in this space have been stellar performers, but may be ahead of the fundamentals.  Specific stocks discussed include 3D Systems (DDD – 67.31), Stratasys (SSYS – 114.50), ExOne (XONE – 44.92), and Voxeljet […]