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Sunday, November 17, 2024

[Member Demetrius Michael] CAT, CPNO, MCO, MER, XLF, QLGC

Demetrius Michael submits:

(Not too sure if the last one sent, retrying again)

Looks like a different writter this time. Regardless, very grateful Andrew & Rebecca. Thank you.
The info is stale, so we have to look for bigger trends / news on these stocks..

High-res charts are linked BELOW every chart.

CAT

Grew revenues by 8% and converted that into a net income gain of 22%

Lower 2007 profit guidance from the company

Caterpillar reiterated its 2010 goals;  Capitalize on key areas outside of the United States

The options bought on this are useless and non-insitutional.

I gave this stock as my trade of the day yesterday (or by time I post this, 2 days ago), but the charts are not stale. Feel free to go to my website about this.

CPNO –  It’s up to you if you want to play this. I don’t endorse stocks that trade under 1/2M.

Either way: 20,000 lots traded in the December 40 calls at a price of $0.35
I’m posting the daily chart only, because sharks can easily manipulate stocks like these w/o even touching the option markets.

http://web.mac.com/dem_z/PSW/71025/CPNO.png

MCO – Moody’s

company shrunk year-end guidance

options trading at nearly 8 times the average volume, positions for further downside. (Jan and Front puts, looks like a calender spread)

5yr daily ticks, 1yr daily ticks, 2wk 30M ticks

http://web.mac.com/dem_z/PSW/71025/MCO5yrD.png

http://web.mac.com/dem_z/PSW/71025/MCO1yrD.png

http://web.mac.com/dem_z/PSW/71025/MCO2wk30M.png

MER – Merrill Lynch

reported its first Q loss in 6 years,

write down of $7.9 billion in mortgage related debt

surge in call buying at the November 75 strike Tuesday, those calls shed 70% of their premium today slipping to just 0.15

5yr, 2yr, 2wk

http://web.mac.com/dem_z/PSW/71025/MER5yrD.png

http://web.mac.com/dem_z/PSW/71025/MER2yrD.png

http://web.mac.com/dem_z/PSW/71025/MER2wk30M.png

XLF – Same trade as MER practically.

QLGC

"option volume is nearly 5 times the daily average, and it looks like traders are availing themselves of a 100% increase in premiums by taking profits in the January 15 and 17.50 calls. Calls in the November contract were bought at the more circumspect strikes of 12.50 and 15."

5yr, 1yr, 2wk.

 

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