|Day Low/High||58.87 / 60.85|
|52 Wk Low/High||8.08 / 22.79|
Jim Cramer is bullish on Ulta Beauty, Nutanix, Reynolds American, KeyCorp, and Broadcom.
It's hard to be too negative considering the speculative action today.
Investors in Applied Optoelectronics Inc saw new options begin trading this week, for the August 18th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAOI options chain for the new August 18th contracts and identified one put and one call contract of particular interest.
In order to outperform you have to avoid the big losses that occur when selling accelerates.
There is no direct correlation between news events and market movement.
Buyers are lacking conviction right now, but there is underlying support.
My game plan is to target a few of the big-cap momentum names that I feel have the best growth and valuation.
Don't get caught up in the macro arguments; focus instead on the trades that are working and build your portfolio that way.
Action runs counter to pattern, leaving market players wondering what to do.
The good news is that the indices are staying above the intraday lows.
Though tech M&A activity has cooled a bit, it certainly hasn't evaporated. Here's a look at the buyout prospects for some companies whose names are in the M&A rumor mill.
It is just another day of very slow action with little movement.
Apple isn't the only noteworthy tech company to have recently reported earnings. Here are some investor takeaways for several companies seeing large post-earnings moves.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Applied Optoelectronics Inc , where a total volume of 21,321 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.2% of AAOI's average daily trading volume over the past month, of 3.3 million shares.
Small caps are down 0.12% despite the strength in the Nasdaq ETF.
Investors eyeing a purchase of Applied Optoelectronics Inc stock, but cautious about paying the going market price of $44.05/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $35 strike, which has a bid at the time of this writing of $2.65.
Stocks hold lower on Thursday despite earnings beats from three big U.S. banks as the energy and financial sectors lead the decline.