GE Chart Analysis
Hey Traders, At the moment, General Electric (Ticker: GE) is struggling to trade over stiff resistance here at the $85 level. That resistance goes back to the fourth quarter of 2021: It has been bumping up to this level for the past month without being able to bust out over it. GE […]
GE Breakdown
Hey Traders, GE is one of the oldest companies in the S&P 500. While much smaller than it was 10 years ago, this widely held stock is still worth about $90 billion GE executed a reverse stock split on July 30, 2021. Since then the stock has essentially meandered lower … […]
Low Vol for ROKU
This Week’s Stock: ROKU Hey Traders, Understanding how volatility works is the key to trading options. It is the best way to know where the wind is blowing for the underlying. Then you just point the sail in the right direction. All of Option Pit’s trading services use volatility to some degree to help find […]
ROKU Earnings Beat … Is it a Buy?
Hey Traders, Roku, Inc. (Ticker: ROKU) is a top streaming platform in the U.S. and just reported an increase of 23% in hours of content streamed (23.9 billion). Number of active accounts jumped 16% to 70M, and average revenue per user increased year-over-year, by 2% to $41.68. That’s the good news. The not so good […]
Roku Chart Analysis
Hey Traders, Licia Leslie in the Pit Report today. Yesterday, Mark started digging into Roku Inc. (Ticker: ROKU)… Now I’m here with the charts! ROKU has been rallying since the first of the year and finally busted out of a very long down trend going back to August 2021. The very top of that downtrend […]
ROKU Breakdown
Hey Traders, Reader PEJ requested a hard look at Roku Inc. (Ticker: ROKU) for this week’s Pit Report Stock of the Week. Let’s dive in. Roku has had a ride … It was over $450 in July of 2021. It now sits at $55.36. That is a 90% haircut, folks. But is it deserved? Is […]
Disney Breakdown
Hey Traders, After a week of Disney (Ticker: DIS) here in Pit Report, it’s time to take a step back and look at the big picture. And it is something to behold. On the week, the S&P 500 closed down 29 points, but you would not know it based on what happened with option volatility. […]
Disney Breakdown [Pit Report]
Hey Traders, After a week of Disney (Ticker: DIS) here in Pit Report, it’s time to take a step back and look at the big picture. And it is something to behold. On the week, the S&P 500 closed down 29 points, but you would not know it based on what happened […]
Where’s the Magic Kingdom Implied Vol?
Each week, I’ll give an overview of a stock and Licia Leslie will follow that up with a chart analysis the next day. Bill Griffo will chime in with macro analysis and Andrew Giovinazzi will then finish out the week with a volatility breakdown. Have a stock YOU want us to review? Email my team […]
Shine Comes Off Disney Earnings [Pit Report]
It was an excellent earnings beat by Disney on Wednesday … Revenues: $23.51 billion vs $23.39 billion EPS: $.99 vs $.74 It was an excellent earnings beat by Disney on Wednesday … Revenues: $23.51 billion vs $23.39 billion EPS: $.99 vs $.74 The negative was the streaming business, which lost $1.1 […]