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 Suggests Bullish Activity in Shares of Facebook
One player in the options market seems to be anticipating positive news and opened a sizable spread trade on the stock ahead of the announcement.
Henry Schwartz Analysis: 5 Names Seeing Bullish Flow
The old adage 'don't fight the tape' seems to be in force at the moment, with several names seeing bullish flow this week that might warrant a long view, outright or in an outperformance type of strategy.
Massive VIX Trade Looks Like a Defensive Position
Traders' focus is back on US and global economic conditions, tapering and the slew of earnings data set to be released over the next two weeks.
3 Stocks to Watch This Week
In the options market, we noticed some positioning in three names ahead of the upcoming catalysts. Two are retailers and one is an earnings play.
Will 2014 be a Good Year for Options Traders?
We expect 2014 to be another good one for options traders, as the basic motivating factors (hedging and leverage) are persisting and continued macroeconomic issues driving steady volume.
Twitter Trading Frenzy
Twitter options blew past all other single-stocks for total volume, including Facebook, Apple, Tesla. In fact only the SPYs traded more contracts than TWTR on Thursday. Here is my gut feeling.
S&P 500: Top 10 Best Annual Return Since 1947
In my view, this year is why a major part of eveyone's (including trader's) assets should be locked away in a 401k/529/IRA etc account and untouched for decades.
Facebook Call Buyer: Let it Ride
One big player in the options market made a decisive bet yesterday that this bull has more room to run.
What About Earnings?
This is what options flow is suggesting into some big earnings reports this week.
Hedge Check Into the end of the Year
The combination of SPX puts and VIX calls open today indicates a moderately high level of hedging into year end, which should help avoid an ugly spiral downward if the broad market continues to slip lower.