Quantum Wealth Creation

Bearish bettors showed a rare interest in Finisar Corporation (FNSR – 22.65) yesterday, as roughly 3,600 puts changed hands, which was five times above the norm. Most active proved to be the March 23 strike, where over 2,500 of these puts were traded — more than half of them at the ask price, signaling buyer-driven [...]

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Bearish bettors showed a rare interest in Finisar Corporation (FNSR – 22.65) yesterday, as roughly 3,600 puts changed hands, which was five times above the norm. Most active proved to be the March 23 strike, where over 2,500 of these puts were traded — more than half of them at the ask price, signaling buyer-driven [...]

[Read more →]

Bearish bettors showed a rare interest in Finisar Corporation (FNSR – 22.65) yesterday, as roughly 3,600 puts changed hands, which was five times above the norm. Most active proved to be the March 23 strike, where over 2,500 of these puts were traded — more than half of them at the ask price, signaling buyer-driven [...]

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11:25 AM New York – Chesapeake Energy fourth quarter net surged to $429 million and Dell Inc quarterly net declined 18% to $764 million. Hewlett-Packard first quarter net slipped 18% to $764 million. Retailer, TJX Companies fourth quarter net surged to $475.9 million. Toll Brothers swung to a quarterly loss. AGL Resources Inc. (GAS) fell [...]

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The Dow hit the 13, 000 mark thanks to optimism over the Greek bailout deal, but markets finally receded to end mostly flat. Euro-zone finance ministers approved $172 billion worth of financial aid and that sparked the morning rally. However, as the news became a bit old and higher gasoline prices took a toll on [...]

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The U.S. Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, released a plan for shutting down the government-backed mortgage finance corporations by gradually shrinking them and creating a new market for mortgage-backed securities. The two companies guarantee 75% of all new home mortgages in the U.S. Washington Post, The | 21 Feb. [...]

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Although a default on Greece’s sovereign debt has been headed off in the short-term, experts warned that Greece may not be able to endure the severe austerity measures imposed as part of the deal. A confidential International Monetary Fund analysis given to European leaders suggests that the very measures being forced upon Greece will drive [...]

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U.S. President Barack Obama’s proposed overhaul of corporate taxes would reduce the basic tax rate from 35% to 28% while eliminating dozens of subsidies and loopholes, a senior administration official said. Manufacturers would be given incentives that bring their effective tax rate down to 25%, while a new minimum tax rate for multinational corporations would [...]

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Investors have shopped for Dollar Tree (DLTR – 88.79) calls today, as more than 2,600 of these options have changed hands so far, which is five times above the norm. Most popular has been the out-of-the-money March 92.50 strike, where at least 655 calls have crossed. This option currently holds open interest of just 224 [...]

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Investors have shopped for Dollar Tree (DLTR – 88.79) calls today, as more than 2,600 of these options have changed hands so far, which is five times above the norm. Most popular has been the out-of-the-money March 92.50 strike, where at least 655 calls have crossed. This option currently holds open interest of just 224 [...]

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