OptionsHouse

Options Trading News

January 11, 2013  Fri 1:16 AM CT

XLF: SEE CHART GET CHAIN FIND STRATEGIES
Today's event calendar is quiet, with this morning's quarterly report from Wells Fargo as the main scheduled item.

Next week will bring several earnings reports from major companies in the financial sector: Morgan Stanley begins the parade on Monday, followed by Goldman Sachs and JP Morgan on Wednesday. Citigroup and Bank of America issue their numbers the following day.

In addition to those reports, monthly retail sales will be released on Tuesday. Chinese gross domestic product comes out Thursday night.

Financials have been very strong in the last month, but the U.S. sector has disappointed of late. Chinese data has also been better than expected recently.

Homebuilder Lennar also reports on Tuesday. Semiconductor giant Intel announces earnings on Thursday and blue-chip industrial General Electric releases its numbers on Friday.
Share this article with your friends


Related Stories

XLF

Rundown of trades in financial sector

February 4, 2016

Financials have struggled since mid-January, with mixed options activity. Here's a list of noteworthy trades in the sector.

XLF

Big trade bets on bounce in financials

January 25, 2016

The SPDR Financial Fund is down 10 percent in the last month, but a large call purchase is looking for a bounce this week.

OptionsHouse

Premium Services

Upcoming Webinar:

Using Options For Income

http://bit.ly/1nY1OKA

Jon Najarian and Adam Mesh of Options Wealth Machine discuss a detailed strategy utilizing credit spreads to generate income, and how any level of trader can use this simple trading technique.

Education & Strategy

Sweet Spot Exceptions

As discussed last week, when using the Stock Replacement Strategy to replace a stock position to trade direction, we want to use an option that has very similar characteristics to the stock. We talked about using the deep in-the-money, 80 to 85 delta option that is similar in the Greeks and has relatively little extrinsic value which tends to work against us in stock directional trading.

View more education articles »