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JEF -
I bought July 35 Jef calls into the fray on Friday. I've got my lotto ticket if the rumor mill is right.
Reuters: Jefferies shares jump 7 pct on takeover talk.
"..."The story now is, a bid could be announced as early as tonight," said William Lefkowitz, an options strategist at brokerage firm vFinance Investments in New York...."
http://www.reuters.com/article/bankingfinancial-SP/idUSN2745307520070427
RIG to $91 by 3-May-07 Earnings announcement IMO.
No idea, I've never been a good Q's player. Sure looks like its getting close to done though. I wasn't impressed by MSFT news FWIW.
If you want a break from trading, take a look at this guy on youtube, Jefferson Krull. I've watched his videos for a few months, he is not only funny, but a pretty good trader. The thing is, he has this knack for getting out of his long positions with a small profit only to have the thing pop right afterwards.
I like the RIG swings into next week.
DK - 10-May-07 Earnings announcement
CPX - March 13 was such a great call (pats self on back)
CHL will work for hedge fund for $500,000 salary...
AP
Complete Production Services Shares Jump
Thursday April 26, 2:03 pm ET
Complete Production Services Shares Jump After Reporting 68 Percent Rise in 1Q Profit
NEW YORK (AP) -- Shares of oilfield services provider Complete Production Services Inc. jumped Thursday after the company reported 68 percent growth in first-quarter profit.
The Houston-based company's stock rose $2.06, or 8.9 percent, to $25.28 in afternoon trading on the New York Stock Exchange. Shares have ranged between $17.20 and $28.43 over the past year.
Complete Production Services said Wednesday afternoon its first-quarter profit rose to $47.4 million, or 65 cents per share, from $28.1 million, or 48 cents per share, in the prior-year period. Revenue swelled to $407.1 million from $262.3 million.
Results beat Wall Street's overall expectations for 61 cents per share in quarterly earnings.
Morgan Keegan analyst J. Michael Drickamer wrote in a research note that strong performance from the company's completion and production segment offset a big dropoff in its drilling division, and called the results a "clean beat."
USU July 2007 $22.5 calls, USUGX, $0.95
GE in upper 36's
AP
Ahead of the Bell: General Electric
Friday April 27, 9:14 am ET
General Electric Rises in Premarket on Citi Note Suggesting Partial Breakup
NEW YORK (AP) -- Shares of General Electric Co. inched up in premarket trading Friday, after a Citigroup analyst said the global conglomerate could sell its entertainment, real estate and financial arms to unlock shareholder value and address a stagnant share price.
Shares advanced 38 cents to $36.22 in premarket electronic trading. from their close at $35.84 Thursday on the New York Stock Exchange.
Jeffrey T. Sprague in a client note kept a "Buy" rating and $45 target price on the stock.
"GE stock has basically gone sideways for five years despite solid underlying execution," wrote Sprague, possibly due to the company's size and complexity.
GE has a market capitalization of $368.55 billion and operates diversified financial and entertainment arms in addition to its manufacturing segments, which make lightbulbs, power turbines, airplane engines and more.
Sprague suggested the company could spin off its NBC Universal unit, which operates television and film studios, theme parks, Web sites and more. GE owns most of NBC, while French media and telecommunications company Vivendi owns a minority stake.
The analyst also suggested that GE could sell its GE Money and real estate operations.
A slimmed-down GE would still enjoy the competitive benefits of being a large global company, with an estimated $125 billion in 2007 sales, added Sprague. Last year, the company generated $163.39 billion in sales.
GE shares have traded in a 52-week range between $32.06 and $38.49.
International demand for offshore rigs, with longer term than domestic, is breaking out.
Don't you just love earnings season. I have been playing the energy stocks that I know and have a feel for, becasuse these tech gappers scare me too much, lol. Some killer gains to be had though for the courageous.
Was up huge in aftermarket. 133-134.
BIDU!
You might be right, but a whole lot of money today disagrees, lol.
XOM going strong into close.
A lot of industry people read rigzone.com - just wanted to share. That was the only article I have ever read on rigzone that mentioned DPDW.
DPDW - Was reading Rigzone and came accross this:
http://www.rigzone.com/news/article.asp?a_id=44348
Deep Down Wins $3.25 Million in New Orders During 1Q07
Deep Down Wednesday, April 25, 2007
Deep Down said that orders received during the quarter ending March 30, 2007 totaled more than $3.25 million.
"During the first quarter of 2007, Deep Down received a number of significant orders that not only are expected to generate significant revenue, but made important inroads into several of Deep Down's growing market channels," commented Robert E. Chamberlain, Jr., Deep Down's chairman. The Company received a flexible pipe retrieval, termination, and installation contract from Saipem America, Inc., marking our continuing expansion into the flexible pipe market. Deep Down received an order from Bourbon Offshore, Inc. for electrical umbilical installation reels, demonstrating our growing support of West African offshore operations. Deep Down received an order from Oceaneering International for bend stiffener latchers for the Shell BC-10 project, further illustrating our support of operations in Brazil and our expanding international footprint. We also received a bend stiffener latcher order from DUCO for the Shell Perdido project, which employs our very unique technology that establishes our leadership in remotely operated vehicle (ROV) support of subsea umbilical appliances."
"We are currently completing orders from ODIM, AS, for geophysical equipment including streamer winches, storage winches, level wind assemblies, and overboard sheaves. In another exciting development, we are actively supporting a steel flying lead installation project at Independence Hub for Subsea 7 using our newly developed rapid deployment cartridges," added Ron Smith, Deep Down's chief executive officer.
Other important Company highlights include expansion into the wireline market with the overhaul of wireline trucks for Diamondback, support of the first synthetic rope heave-compensated winch in the Gulf of Mexico for ODIM, AS, and Deep Down's first contract to assist Technip in the Gulf of Mexico with the Bass Lite Field umbilical testing and flying lead support project.
"With the completion of the ElectroWave USA acquisition on April 2, 2007, Deep Down expects to reflect ElectroWave's sales numbers in the 2nd quarter Form 10-QSB. The relocation and integration of ElectroWave into our campus is nearly complete. Although we have already realized benefits, we look forward to accelerating contributions from this recent acquisition," concluded John Siedhoff, Deep Down's Chief Financial Officer.
Deep Down specializes in the provision of innovative solutions, installation management, engineering services, support services, and storage management services for the offshore subsea control, umbilical, and pipeline industries. The company fabricates component parts for subsea distribution systems and assemblies that specialize in the development of offshore subsea fields and tie backs. These items include umbilicals, flow lines, distribution systems, pipeline terminations, controls, winches, and launch and retrieval systems, among others. Deep Down provides these services from the initial field conception phase, through manufacturing, site integration testing, installation, topside connections, and the final commissioning of a project. The Company's ElectroWave subsidiary offers products and services in the fields of electronic monitoring and control systems for the energy, military, and commercial business sectors. ElectroWave designs, manufactures, installs, and commissions integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling instrumentation, vessel management systems, marine advisory systems, machinery plant control and monitoring systems, and closed circuit television systems. The Company's strategy is to consolidate service providers to the offshore industry, and designers and manufacturers of subsea, surface, and offshore rig equipment used by major integrated, large independent, and foreign national oil and gas companies in deep-water exploration and production of oil and gas throughout the world. Deep Down's customers include BP Petroleum, Royal Dutch Shell, Exxon Mobil Corporation, Devon Energy Corporation, Chevron Corporation, Anadarko Petroleum Corporation, Marathon Oil Corporation, Kerr-McGee Corporation, Nexen Inc., BHP, Amerada Hess, Helix, Oceaneering International, Inc., Subsea 7, Inc., Transocean Offshore, Diamond Offshore, Marinette Marine Corporation, Acergy, Veolia Environmental Services, Noble Energy Inc., Aker Kvaerner, Cameron, Oil States, Dril-Quip, Inc., Nexans, Cabett, JDR, and Duco, among others.
DO - Diamond Offshore: 1Q07 Results & Contract Awards
Diamond Offshore Thursday, April 26, 2007
Diamond Offshore Drilling, Inc. (NYSE:DO) reported net income for the first quarter of 2007 of $224.1 million, or $1.64 per share on a diluted basis, compared with net income of $145.3 million, or $1.06 per share on a diluted basis, in the same period a year earlier. Revenues for the first quarter of 2007 were $608.2 million, compared with revenues of $447.7 million for the first quarter of 2006.
Additionally, three of Diamond Offshore's mid-water semisubmersibles have received new term commitments.
The Ocean Whittington and the Ocean Yorktown have each received notification of award for five-year term contracts with Petrobras in Brazil. The Whittington could earn maximum total revenue of approximately $409 million, excluding mobilization fee and a potential performance bonus of 15%, and is expected to begin work in Brazil in the third quarter of 2007. The Yorktown could earn maximum total revenue of approximately $427 million, excluding mobilization fee and a potential performance bonus of 15%, and is expected to begin work in Brazil in the first quarter of 2008.
In the Gulf of Mexico, the Ocean Saratoga, has received a six-month contract extension with LLOG. The contract extension for the rig could provide maximum total revenue of approximately $55 million and is expected to begin in the third quarter of 2007
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com
UPG - As of March 20, 2007, 5,000,000 shares of the registrant’s common stock were outstanding.
UPG - Universal Power Group Inc.
7-May-07 Earnings announcement
Some insider buys reported today, something to radar. Up 8.6% and rising IMO. RSI finally >50.
Company Overview
Universal Power Group, Inc. (UPG) is a third-party logistics company specializing in supply chain management and value-added services. UPG is also a supplier and distributor of portable power supply products, such as batteries, security system components and related products and accessories. Its principal product lines include batteries of a variety of chemistries, battery chargers and related accessories; portable battery-powered products, such as jump starters and 12-volt power accessories; security system components, such as alarm panels, perimeter access controls, horns, sirens, speakers, transformers, cabling and other components, and electro-magnetic devices, capacitors, relays and passive electronic components.
You are right. This Jefferson Krull guy on youtube is absolutely remarkable. He honestly needs his own TV show. He has what I call the "Bizarro Stock Market Midas Touch" since he turns everything he touches to, um, something other than gold lol.
USU - USEC Inc.
USEC's American Centrifuge Plant Needed to Fuel Nuclear Power's Growth
Thursday April 26, 10:30 am ET
Company Shareholders Hear Update on Deployment of New Technology
BETHESDA, Md.--(BUSINESS WIRE)--A new generation of nuclear reactors expected to be built over the next decade will need a reliable supply of enriched uranium fuel, John K. Welch, USEC president and chief executive officer, told the annual meeting of shareholders today. He said the American Centrifuge Plant, to be built by USEC Inc. (NYSE:USU - News), will provide utilities ready to make an investment in nuclear energy with an assurance that a secure, domestic supply of nuclear fuel will be available for many years to come.
Welch outlined how nuclear power is making a comeback as the energy of choice for generating electricity. "The United States and much of the developing world must build new electric generating plants to keep up with burgeoning demand and to replace aging, dirty and inefficient fossil-fueled power plants. World demand is expected to double by 2030," he said.
Welch noted that the emerging economic powers of Asia are ordering new nuclear power plants, and after a hiatus of more than two decades, U.S. utilities are poised to begin building a new generation of nuclear reactors.
"As a zero-emissions technology, nuclear power is the only large-scale, base load electric generation that does not add greenhouse gases to the environment and does not contribute to global warming. We believe this attribute will become increasingly important over the coming decades," Welch said.
USEC is currently assembling and installing centrifuge machines for the Lead Cascade, the first group of American Centrifuge machines linked together to enrich uranium, Welch said. The Lead Cascade is expected to be operating in mid-2007 and will provide important confirmation of machine performance.
Welch also discussed the challenges ahead of the Company to obtain financing for the project. USEC has estimated the target cost of the project at $2.3 billion. USEC has been seeking some form of investment or other participation by a third party and/or the U.S. government to help finance the project, he said.
During the meeting, shareholders elected the incumbent directors seeking election to a one-year term and ratified the appointment of the independent public accounting firm for 2007. James D. Woods, a director since 2001, announced his retirement from the Board at the February meeting and did not seek another term. Chairman James R. Mellor thanked Woods for his dedicated service to the Board and his insightful counsel as chairman of the Nominating and Governance Committee.
Mellor said Woods' leadership had helped USEC to adhere to corporate governance standards that are among the best in corporate America, according to a ranking conducted annually by Institutional Shareholder Services (ISS). Earlier this month, ISS rated USEC corporate governance practices as better than 95.8 percent of the companies in the Russell 3000 index, an index of America's 3000 largest publicly held companies. ISS provides proxy advisory service to many institutional shareholders.
To read a copy for Welch's complete remarks to shareholders, please go to "Speeches" in the Newsroom section of our website at www.usec.com .
USEC Inc., a global energy company, is a leading supplier of enriched uranium fuel for commercial nuclear power plants.
This document contains "forward-looking statements" - that is, statements related to future events. In this context, forward-looking statements may address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "will" and other words of similar meaning. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For USEC, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include, but are not limited to: the success of the demonstration and deployment of our American Centrifuge technology including our ability to meet our target cost estimate and schedule for the American Centrifuge Plant and our ability to secure required external financial support; pricing trends in the uranium and enrichment markets; changes to, or termination of, our contracts with the U.S. government and changes in U.S. government priorities and the availability of government funding; the competitive environment for our products and services; changes in the nuclear energy industry; and other risks and uncertainties discussed in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K and subsequent quarterly Form 10-Qs. We do not undertake to update our forward-looking statements except as required by law.
Contact:
USEC Inc.
Media:
Elizabeth Stuckle, 301-564-3399
or
Investors:
Steven Wingfield, 301-564-3354
--------------------------------------------------------------------------------
Source: USEC Inc.
Looking at USU (EXC's Uranium supplier) if it dips a little one day.
Will probably stay there til earnigs in May.
FRE $65 June puts FRERM $1.7/$1.8
FRE currently trading mid $65's
#msg-17778338
S&P REITERATES BUY OPINION ON SHARES OF DIAMOND OFFSHORE DRILLING
56 minutes ago
DO posts Q1 EPS of $1.64 vs. $1.06, $0.06 below our estimate, but $0.17 above consensus. Results were helped by 40%-50% higher dayrates for DO's fleet of floater rigs, and a more than 30% increase in dayrates for its jackup fleet, despite reduced utilization for the midwater semisubmersibles and jackups. DO also said that it had obtained new five-year commitments for two midwater semisubmersibles in Brazil, and also obtained a six-month commitment for the Ocean Saratoga in the Gulf of Mexico at substantially higher than modeled dayrates. We will update after 10 am call.
TSO going to 120.
VLO - Valero 1Q Profit Increases 35 Percent
Thursday April 26, 9:05 am ET
Valero 1st-Quarter Net Income Climbs 35 Percent on Strength in Margins
SAN ANTONIO (AP) -- Valero Energy Corp., the nation's largest independent oil refiner, said Thursday its first-quarter profit jumped 35 percent on the back of stronger gasoline and distillate margins.
Net income rose to a first-quarter record $1.14 billion, or $1.86 per share, from $848 million, or $1.32 per share. Analysts were expecting earnings per share of $1.81, according to Thomson Financial. Average shares outstanding were reduced to 615 million from 644 million a year earlier.
Quarterly revenue declined 5.9 percent to $19.7 billion from $20.93 billion, Valero said. Analysts polled by Thomson were looking for $22.96 billion in revenues.
"We're off to a great start in 2007, as Valero earned the highest first-quarter profits in company history," said Bill Klesse, Valero's chairman and chief executive. "In addition to the strong margin environment, we benefited from the January commissioning of the expanded crude unit at the Port Arthur refinery, which increased overall throughput capacity at that refinery by 30,000 barrels per day to 325,000 barrels per day of sour crude oil."
Throughput margin rose to $12.06 per barrel in the most recent quarter from $10.11 a year earlier. Valero said margins are being supported by strong demand and industrywide factors that have limited supply, including more stringent product specifications, more complicated refining operations, logistics constraints, and tightness in labor and equipment for maintenance.
First-quarter operating income grew to $1.8 billion from $1.3 billion last year.
Go bulls, lol.
DO - Diamond Offshore 1Q Profit Up 54 Percent
Thursday April 26, 7:18 am ET
Diamond Offshore Drilling 1Q Profit Surges 54 Percent As Daily Rates for Rigs Climb
HOUSTON (AP) -- Diamond Offshore Drilling Inc. on Thursday said first-quarter profit ballooned 54 percent, as the contract driller fetched sharply-higher daily rates for its rigs.
Net income increased to $224.2 million, or $1.64 per share (CHL edit: Average Analyst estimate Avg. Estimate 1.47, 11% greater than estimates), from $145.3 million, or $1.06 per share, in the year-earlier quarter.
Revenue climbed 36 percent to $608.2 million from $447.7 million a year ago as prices for and usage of some of the company's rigs increased.
Diamond said daily rates for its high-specification floaters increased to $280,000 from $189,000 in the same quarter last year. Other semisubmersible rigs also fetched sharply-higher rates, as did its fleet of jackup rigs.
Rig use was at 98 percent for high-specification floaters, but usage of other semisubmersibles and jackups declined year over year.
The results came in ahead of Wall Street's expectations. Analysts polled by Thomson Financial forecast earnings of $1.47 per share on revenue of $586.2 million.
Yeah. Got some XOM calls I've been holding for 2 weeks, should be good volume today.
Also regarding Uranium:
U.S. and Japan sign nuclear power pact
In a key step for Bush's disputed agenda, the two nations agree to conduct joint research on reactors and fuel.
By Ralph Vartabedian, Times Staff Writer
April 26, 2007
The Bush administration's plan to rapidly expand global nuclear energy took a key step Wednesday when the government signed an agreement with Japan to conduct joint research on a new generation of reactors and a new type of nuclear fuel.
The Energy Department has been pushing an ambitious but controversial agenda to build a fleet of nuclear power plants worldwide, based on prospective technology that would include reprocessing radioactive wastes.
The agreement with Japan is the first formal international deal under the program, known as the Global Nuclear Energy Partnership.
The program would make the U.S. a more important player in the worldwide nuclear building boom, in which 222 new reactors are planned, said Assistant Energy Secretary Dennis Spurgeon.
"That is $1 trillion of business on the horizon," he said.
But many nuclear energy experts are lukewarm to the proposition, saying it seeks to solve complex future problems even before the U.S. can fully address the existing questions involved in restarting nuclear power plant construction.
"Some kind of nuclear nirvana is the driving force behind this," said Victor Gilinsky, a former member of the Nuclear Regulatory Commission. "It has a certain intellectual appeal until you think about how it would work and what it would cost."
The program got strong backing from congressional Republicans, but the new Democratic leaders say it is going forward without proper authorization.
"To date, there has been very little congressional input to and oversight of this plan," Senate Energy Committee Chairman Jeff Bingaman (D-N.M.) said in a statement to The Times. "I look forward to having a hearing in the Energy Committee to learn more."
The idea of reprocessing spent nuclear fuel dates back decades. But it has long been rejected because reprocessing it is so expensive and environmentally messy.
The National Research Council said in a mid-1990s study that reprocessing existing U.S. commercial waste by so-called transmutation would cost more than $100 billion and take more than a century.
Spurgeon, a former nuclear industry executive, said newer technology could reprocess waste at a much lower cost.
The administration is seeking a major expansion of nuclear power as a way to reduce production of greenhouse gases linked to global warming.
The U.S. is considering about 30 possible applications for new commercial reactors, all based on conventional technology that uses enriched uranium as the only fuel.
Under the global partnership program, a new generation of breeder reactors would burn reprocessed fuel that is currently stored at power plants.
In theory, the global nuclear proposal would help reduce the amount of nuclear waste in the U.S. while enabling other countries to develop nuclear energy without risk of weapons proliferation.
Even if the proposed nuclear waste dump at Nevada's Yucca Mountain gets past political opposition, its capacity of 70,000 metric tons would be almost entirely spoken for on the day it opened. Reprocessing would sharply reduce the amount of waste destined for Yucca Mountain and make room for future waste from a bigger industry.
But that would leave behind tons of highly radioactive cesium and strontium that would have to be stored somewhere for the next several hundred years, creating yet another political problem, according to such critics as Robert Alvarez, who worked in the Energy Department during the Clinton administration.
"They are making this up as they go along," Alvarez said.
The global partnership plan is based partly on the premise that the U.S. could ultimately sell reactor fuel in the international market and import back the radioactive waste for reprocessing.
Congressional critics say that prospect alone raises serious political obstacles.
The intent is to allow a large number of countries to have commercial nuclear power industries but not the facilities that could enrich uranium and thus produce materials for nuclear weapons, Spurgeon said.
--------------------------------------------------------------------------------
ralph.vartabedian @latimes.com
Oil services evolves
Wednesday April 25, 3:17 pm ET
Drilling for oil is all about picking the right spot. In recent years, investors in oilfield services companies - which supply manpower and equipment to the oil majors - have not had to be too choosy about where they place their bets. That happy situation now may be coming to an end. As in any cyclical industry, valuation multiples have derated even as share prices have soared. Investors worry that new capacity will have a predictable effect on asset utilisation and pricing.
The unfolding first-quarter results season ought to lift their spirits, though. Industry leader Schlumberger (NYSE:SLB) reported its seventh straight record quarter last week. On Wednesday, Baker Hughes (NYSE:BHI) also beat expectations, albeit reduced ones following a weak fourth quarter in its North American business. America will remain a wildcard in the short-term, with gas prices being one volatile factor affecting demand for rigs.
More important in the longer term, however, is Baker's stronger showing abroad, where it raised guidance on sales growth. This reflects the reality of national oil companies (NOCs), particularly in the eastern hemisphere, controlling the bulk of global reserves. Halliburton (NYSE:HAL), which also reported results on Wednesday, has recognised this in deciding to shift its chief executive's office to Dubai.
Baker, Halliburton and Schlumberger, with their increasing focus outside America and the scale to serve the NOCs, are good bets. Drillers serving hard-to-reach areas such as deepwater fields, such as GlobalSantaFe (NYSE:GSF), also hold scarce assets. Two-thirds of floating rigs and drill ships being built are already contracted, mitigating the threat of new capacity in this sector.
The need to make oil fields work harder also favours specialists. EMGS, recently listed in Oslo, uses advanced technology to make the process of finding fields more accurate. That is valuable when the energy industry is stretched and must deploy resources carefully. Investors in oil services should now adopt the same approach.
Sector Glance: Oil Field Services
Wednesday April 25, 4:20 pm ET
Shares of Oil Services Providers Rally As Baker Hughes Surprises With Strong 1Q Profit
NEW YORK (AP) -- A strong first-quarter report and outlook from oil services provider Baker Hughes Inc. drove the company's shares sharply higher, pushing gains sector-wide on Wednesday.
Before the market's opening bell, Houston-based Baker Hughes said profit jumped 10 percent in the first quarter, topping Wall Street expectations. The company also projected full-year revenue will grow 7 percent in the U.S., with growth of roughly 20 percent in international markets.
Investors in the sector were disappointed a day earlier by a 7 percent drop in first-quarter earnings from BJ Services Co., sending shares of that company and its competitors down.
The sector rebounded Wednesday amid gains in the broader market.
Here's how some oil services stocks fared:
Baker Hughes climbed $5.71, or 7.8 percent, to $78.51.
BJ Services increased 99 cents, or 3.5 percent, to $29.71.
Halliburton Co., which is scheduled to report its quarterly results in the next day, saw its shares rise 48 cents to $31.57.
Shares of Schlumberger Ltd., whose own first-quarter profit was up 63 percent, added 41 cents at $75.21.
But investors waiting for the news to come after the closing bell were surpised to see that at about 3:15 p.m., Akamai filed an 8-K with the Securities and Exchange Commission that included the company’s earnings press release.
A spokesman for the company said someone in Akamai’s legal department inadvertently filed the statement too soon. Oops.
http://mediabiz.blogs.cnnmoney.com/2007/04/25/akamai-delivers-a-big-oops/?source=yahoo_quote
Every bull run needs some bears. Will be listening live tomorrow =)
I say XOM beats.
44,626 May 52.5 put volume, wowza. There aren't put strikes high enough to put in the money for May lol.
June 55's 17,167 volume.
I am so staying out of this thing's way, to 60 it goes, lol.
You guys have brass ones if you are shorting AMZN, lol.
Make that $115