12/16 Recap

Another day of sideways action. Tech stocks were up big, but like last week, that is all that is working right now. The SPY itself has gone flat for 12 sessions. It feels like we’re running out of buyers, but again it could just simply be people exercising caution before the fed decision this week and the generally slow Christmas break. Overall nothing really notable, we’re still in a solid uptrend over that 21 ema just over 600.

Recent Trades

CIEN - In the 12/4 recap here I highlighted CIEN leaps when the stock was 72.50. It is just below $90 today and those $100 calls went from 5.50 to 13.90 right now. Insane move on leaps in under 2 weeks. If you sold those puts I mentioned they’re up around 35% at this moment too.

Today’s Unusual Options Activity

Here is today’s link to the database. As always it will be open until the opening bell tomorrow. The rest of today’s trades will be added very late tonight, I’m actually about to board a flight in 2 hours and won’t be able to update until then, but I will be here tomorrow. Lastly alot of you asked me about last week, nothing I do is automated, this is all me manually inputting everything into my database to get you what I perceive as the oddest trades and not just every trade, so last week I just took the week off, nothing got added.