Tag Archives: JOY

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Blogging Options: CBOE Morning Update 6.5.14

Weekly Jobless claims rose, but all attention still on tomorrow’s NFP at 7:30 CDT.   Challenger, Gray & Christmas reported jobs cuts spiking up 45% last month. ECB cut deposit rate to negative, traders still figuring that out.  European shares modestly higher. Volatility as an asset class: Ciena (CIEN) is up $2.64 to $21.64 in the […]






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Next Week in Weeklys – 6/1/2014

There were a few additions to the Weeklys list this past week with all new series being associated with stocks.    AstraZeneca PLC (AZN) is an interested addition as the stock now has short dated options after a merger with Pfizer (PFE) seems to be a no go.  DirecTV (DTV) is being courted by AT&T (T) […]






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CBOE Mid-Day Update 3.6.14

January Factory Orders dropped 0.7%, December revised lower.  Traders waiting for President to make a statement within the next 15 minutes.  Option volume active. Joy Global (JOY) is up $1.61 to $57.40 after the mining equipment maker reported Q1 earnings fell 65% and raised its earnings guidance for the year.  March call option implied volatility […]






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Buy Setup in JOY

Max risk below the $53.07 area   Min risk below $53.92 Targets $58.96, $60.33 and possibly as high as $64.29. The video below illustrates how this setup was identified. http://www.fibonacciqueen.com/public/JOY-362014-for-the-CBOE.cfm Consider buying the 55 – 65 call vertical spread.  Joy has Extended Weekly’s.  If you think the move might not happen until after the regular March […]






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Blogging Options: CBOE Morning Update 12.11.13

Budget deal in Congress seems to have been baked into the market, as stock futures little changed.  Oil lower, metals mixed.  10-year auction later this morning. Today at 3:30pm Chicago time Russell Rhoads of our Options Institute will have a 30-minute free webcast, the topic is the CBOE Short-Term Volatility Index (VXST) which was introduced […]






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Next Week in Weeklys – 12/8/2013

I’m not making any excuses for skipping out on putting together Next Week in Weeklys the past couple of weekends, let’s just blame it on the holidays and travel obligations and move forward.  I’ll do my best to work on some consistency. The number of available Weeklys has started expanding again (insert joke about waistlines […]






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Blogging Options: CBOE Mid-day Update 8.28.13

Volatility as an asset class Joy Global (JOY) is recently down $1.97 to $49.36 after the mining equipment manufacturer reported Q3 earnings fell 5.3%.  September call option implied volatility is at 31, October and January is at 33; compared to its 26-week average of 34. Zale (ZLC) is recently up $1.83 to $10.79 after the […]






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JOY This Holiday Season

I’ve been stalking JOY ($58.00, up $0.57) for a long time due to the weekly chart and the possibilities it shows me. On this weekly chart there were both key time and price parameters at the last low made in JULY!! Note the similarity in the time of the prior declines. I have illustrated the […]