Tag Archives: WFC

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Earnings Week of 10/10 – 10/14

Earnings season kicks off this week with AA reporting tomorrow Tuesday before the market opens.  As always the data below is based on the last three years of earnings results unless the ticker is in italics.  The columns show the biggest rally, biggest drop, average move, and what the stock did last quarter in reaction […]






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Earnings Week of 1/11 – 1/15

Next week things start to heat up in the earnings world.  AA reports on Monday which some consider the beginning of earnings season.  INTC and some financials finish out the week.  The numbers below represent three years of stock price reaction history to earnings announcements with the biggest gain, biggest drop, average move (non-directional) and […]






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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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Blogging Options: CBOE Morning Update 4.14.15

Q1 earnings started hitting the tape before the open.  JPM up ~$1 on a beat, WFC also reports but earnings didn’t hit whisper number.  March Retail Sales up 0.9%, but below 1.1% consensus (X-Auto up 0.4%, +0.7% anticipated).  10-year drops to 1.88%, Crude up ~1%. Last day to trade April VIX, settles tomorrow AM.  Volatility […]






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CBOE Mid-Day Update 4.13.15

Volatility as an asset class JP Morgan (JPM) is recently up 43c to $62.13 into the expected release of Q1 results on April 14.  April call option implied volatility is at 29, May is at 18, June and September is at 17; compared to its 26-week average of 20. Wells Fargo (WFC) is recently up […]






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CBOE Mid-Day Update 1.14.15

Volatility as an asset class JPMorgan (JPM) is down $2.54 to $56.29 after reporting Q4 EPS $1.19, consensus $1.31. January call option implied volatility is at 29, February is at 24, April is at 23, June is at 22; compared to its 26-week average of 19. Wells Fargo (WFC) is off 79c to $51.06 after […]






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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 10.14.14

Volatility as an asset class Wells Fargo (WFC) is recently down 55c to $49.65 after reporting in-line Q3 earnings. October call option implied volatility is at 27, November is at 19, January is at 20; compared to its 26-week average of 16. Domino’s Pizza (DPZ) is recently up $6.90 to $82.63 after the company reported […]






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Blogging Options: CBOE Morning Update 7.11.14

Stock index futures mixed to off fractionally in light pre-market trade.  Yesterday VIX futures traded ~60k in extended hours, a record.  Traders digesting news that economists lowering Q2 GDP estimates substantially but only lowering 2014 year end slightly.  Bull market continues.  Speaking of bulls, we heard Chicagoan Bill Hillmann being interviewed on WGN radio this […]






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Next Week in Weeklys – 7/4/2014

The shortened trading week got in the way of me posting this blog but I feel a little better about it when I realized that only three companies with short dated options available report earnings next week. Also I already discussed two of those companies in a blog on Tuesday night where I previewed three […]






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Blogging Options: CBOE Morning Update 4.11

Opening Day in VXST options went well yesterday with over 3,000 contracts trading.  March PPI rose an unexpected  0.5% (flat to up 0.1% expected).  Core Rate (X-Food & Energy) up 0.6%, highest reading in 3 years.  Overseas stocks follow US markets lower overnight, NIKKEI & DAX drop ~2%.  U of M later this morning. Wells […]






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Next Week in Weeklys – 4/4/2014

Next week is the start of earnings season for the first quarter of 2014.  Back in the day (like a few quarters ago) Alcoa (AA – 12.63) was still a member of the Dow Jones Industrial Average and was consistently the first DJIA stock to report earnings.  Much like the first robin of spring the […]