POT set to report at 4:20 or so today, and we like nothing better here than slipping in some cheesy double entendre's and doing some earnings reaction analysis on Our Time.
.......Update: Scratch the above, I misread, it's tomorrow pre-open, but same diff. for the options.
So let's fire this one up.
Actually, it's the same volatility chart as AAPL and everything else. Stock volatility in POT is about a 40, options likely will land a bit higher than that, call it 45. Aug options carry a high 60's volatility. Throw it all in some brownie mix, and Gamma shorts look likely to get busted at maybe a 12-15% move or so, assuming it follows AAPL's lead.
Now one interesting thing to keep in mind. Even with the recent modest weakness, this pup really has not violated any sort of longer term trend. And has traded above it's uptrending 200 Day SMA forever. And ridden the 50 day MA up most of the time. That 50 day now sits about 215, and the 200 Day is 162, so a gap down could hit a real air pocket.
So let's fire this one up.
Actually, it's the same volatility chart as AAPL and everything else. Stock volatility in POT is about a 40, options likely will land a bit higher than that, call it 45. Aug options carry a high 60's volatility. Throw it all in some brownie mix, and Gamma shorts look likely to get busted at maybe a 12-15% move or so, assuming it follows AAPL's lead.
Now one interesting thing to keep in mind. Even with the recent modest weakness, this pup really has not violated any sort of longer term trend. And has traded above it's uptrending 200 Day SMA forever. And ridden the 50 day MA up most of the time. That 50 day now sits about 215, and the 200 Day is 162, so a gap down could hit a real air pocket.
9 comments:
Breifing.com has POT reporting tmrw morning....
That picture reminds me of the Sarah Michelle Geller - Selma Blair scene from Cruel Intentions. Ooh I shiver.
you're right, my bad, thanks.
dmut:never saw the movie (a couple blips of it maybe) but it sounds good,
dude you and luby were totally friggin dope on your radio show last night. Can we get you on you tube again ?
is that a compliment? If so, tanks. We were going to do the radio thing again, not likely the youtube.
it was a compliment. and maybe you could have other bloggers on like rob hanna
tanks, yeah, I was thinking of that, maybe we could rotate around some other bloggers. He'd be great, sure.
hell of a roundtrip on POT so far today. granted its no SKF but still...
yeah, some moves. I guess just following energy around though, with a little extra beta, yowza.
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