Henry is the president of Trade Alert LLC, a provider of real-time options analysis tools to leading Wall Street firms. His systems analyze hundreds of thousands of transactions per second to help professionals identify and interpret market activity in real time, supporting informed trading decisions and intelligent idea generation. He has held institutional trading and management roles with Bank of America, Bear Stearns, Salomon Brothers and the Hull Group, and made markets on the CBOE and AMEX floors in the US, and EUREX and MONEP overseas. Prior to founding Trade Alert, he led the electronic market-making group at Bank of America coincident with the launch of the International Securities Exchange.
Recent Articles By The Author
Options Flow Indicates Oil Shakeout Continues, Bulls Pile Into Facebook, Twitter
Tesoro sees bearish flow, while Facebook and Twitter calls are active.
5 Stocks Seeing Bullish Options Flow on Upside Call Buying
It's back to business as usual for this bull market as hundreds of names hit new all-time highs.
Broad Indexes Bracing for a Volatility Spike?
One player in the options market last week committed significant capital in a trade takes advantage of current volatility levels and may indicate a view that action will may get more interesting in the weeks ahead.
Too Many Bulls in the Room
On one bullish/bearish table I compiled we actually ran 'short' of bearish names, an unusual occurrence and one that I take as a warning sign for 'frothy' action.
GM Options Flow Suggests Confidence in Shares
Despite the negative headlines and weakness in shares, the order flow in GM seemed decidedly bullish throughout much of last week and the increased options activity comes ahead of several potential catalysts.
Bulls Are Back in Town
After a brief (one day!) dip on concerns about events in the Ukraine, US markets quickly resumed their bull run, with just a few names setting new 52-week highs during yesterday's trading.
5 Names Seeing Bullish Options Flow
There has been very light index and ETF volume this week, while single stock option volume is holding strong, trading slightly above normal. I believe this is a healthy sign for the industry, as it suggests less macro concern and more 'old fashioned' research into the fundamentals that contribute to share value.
Henry Schwartz Analysis: 5 Names Seeing Bullish Options Flow
Since 'greed' is now in the driver's seat (maybe fear stepped out to put chains on the tires), we are seeing several names with aggressive bullish option flow in the form of upside call buying coincident with increasing open interest and lifting IV.
Timely Call Buying in AUY
It's not entirely clear what motivated the surge in interest in March 9 calls on Yamana Gold, but the timing was good because the contract has doubled in value from the prices seen Friday morning.
Analysis: J. C. Penney Outlook Based on Debt Trading and Options Flow
Debt trading is less transparent than equity or options, but one trader I spoke with said the debt was implying a better chance of survival for JCP than he would have expected so I may look for an upside trade in JCP.