Should see 10% losses on Tuesday then. I've got Jun 16th ITM puts so I've got time to watch this decline.

If the POS AAPL would move, I would agree with you!


I'm patiently waiting for the markets to turn higher - AAPL should see a spark then.

I read somewhere that 600mil shares are unlocked and able to be sold. I think this is just the beginning. Should see an extended downtrend once it breaks $9.5

I caught FSLR late, but got .12/.13 and sold at .16


Great call!

In on AAPL 575w calls. Should see a MACD bounce and if the market turns positive soon, it could skyrocket back to 580!

Will AAPL rebound with the market later today to 580?

I bought a few 550w puts so I'm hoping for that trademark selloff! haha

Anyone think AAPL dips to 550 today?

LOL, 10% selloff when it beat EPS and revs. Guidances SLIGHTLY below consensus on revs and the stock tanks. Unreal.

PAY options play (earnings AH):

The morning puts ruled 3:1

Even since that point, calls have outweighed puts 3.5:1


Total count right now (roughly): 10,000 calls, 9,500 puts. HUGE turnaround - people are banking on a sharp increase AH I think. PAY has historically beat their earnings estimates...

Go down HPQ! I'm trying to recoup anything on these worthless weekly 19 puts! :)

I'm in on some PAY calls - earnings report tonight! Calls are getting eaten up after heavy put buys this morning (probably when Paypal news broke and it began selling off).

I'm waiting for any sort of sell off on HPQ so that my 19w puts will be worth SOMETHING!

JB, when is AAPL making its move today? :)

I guess so. I'm not tracking buys/sells of calls or puts, just the volumes in general. I was watching HPQ the whole day, though, and the volumes were steady for the most part. The last hour of the day wasn't abnormal - the stock was rising so that explains the rise in call prices. It wasn't the influx of crazy buyers, it was just the market working itself out. I'm expecting another drop tomorrow morning but I wouldn't be surprised if it jumped to 22.5-23 tomorrow morning too.

Disagree - people have actually bought more puts this last hour overall.

The count was 24,000 to 39,000 (call/put) at 2:00pm CST. the count now stands at 34,000 to 51,000 (call/put) at 3:00pm CST. This looks to be buying based on the markets going green.

Even with the DOW, NASDAQ and S&P surging, HPQ only jumped .25 a share this afternoon. IMO, that doesn't bode well for the stock.

.26x.27 atm. They were as high as .31x.32 earlier this afternoon before the indices surged.

HPQ is announcing earnings AH today. They are also rumored to be announcing a restructuring plan. So there's going to be plenty of things going on with HPQ tonight. UPB has some calls, the majority of us have puts. Puts outweigh calls 40,000:24,000 (roughly). It's been a crazy options day for HPQ!

Do you think the potential for 25,000-30,000 jobs lost is baked into the price because they should be announcing that this afternoon. That's the rumor anyways. I don't think the market has taken the job loss into account yet. I don't think this rises unless they either beat all estimates for EPS, revs, etc. AND provide a great restructuring plan/guidance. Anything subpar will lead to another 5-10% selloff before bounce IMO.

If HPQ went to $10 tomorrow, I would have to take the day off from work :)

Man, a 20% drop would truly be epic. I just can't see it though. I'm in 19w puts.

And btw, HPQ options volume is super sick right now. 15000 calls against 32000 puts so far today. Somebosy knows something and HPQ is going to explode one way or the other imo.

yeah, I doubt she stays flat after DELL's tank this morning. I expect a 10% move either way tomorrow morning. We will know about 4:30pm EST! I hate to be betting against you, though. You're right far more than you're wrong!

And since I posted that, someone(s) added roughly 2,000 calls on the 22 and 23 strikes. Some big fish are playing this earnings report tomorrow, although puts still heavily outweigh calls.

Current HPQ Weekly options volume:

6105 calls
26077 puts.

All indications that don't bode well for HPQ tomorrow. Unless their earnings report is absolutely stellar, I think puts are the way to go here.

Good lord, HPQ weekly puts are being bought more heavily than I've ever seen. Weekly puts outweigh weekly calls 5:1 AT LEAST. WOW

Especially tomorrow. Dell's missed earnings don't bode well for HP imo. Additionally, I'm expecting lower guidance which will hurt them. I've got HPQw puts

Anyone got AAPL 535w puts? Market red this morning, AAPL could fade rest of the week...

Rain, I'm thinking of adding 7.5 calls because they are so cheap. Between the lawsuit and the merger, do you think 7.5s would be a good play or are 5s the better play? I've got a few 5s but I'm looking to add.

AZO AZO AZO!!!

You listening to the CC jimmy? Probably some great stuff but I can't listen right now :(

Is anyone going to be listening to the AZO conference call? I won't be able to - swamped at work this morning! Notable points would be appreciated, although I'm assuming the company will put out strong guidance amid AAP's warning of a lackluster quarter coming.

I agree. I doubled down on my June 400c and I hope to see this jump to $380+ after the conference call!

AZO will definitely bounce. Reaction way overdone here - they didn't beat revs by .02B and suddenly the world is ending? They beat EPS by .03 and they grew their business by 9% (roughly). That's plenty for me :)

I've got AZO June 400c :)

The earnings report should be a good one. AAP put out that warning but I think AZO is taking some of their market share. It looks as though someone has been loading these past few days and holding the stock down. AZO will lead the market in the morning IMO

I think it's oversold at the moment. AAP came out with that warning and it lowered the entire sector. I think it's more likely that AZO took a bit of their market share. I do expect a slowdown in the sector but AZO should re-test $400 with a good ER tomorrow morning.

AZO - last 5 min to get in! Earnings before the bell tomorrow morning. IMO, should see a beat the street rally and a 5%+ move tomorrow!

Remember, Autozone earnings before the bell tomorrow. I'm in on some calls and I expect AZO will beat the street. Short-term prediction: $385-390 with a possibility of hitting $400. I'm in some June 400c!

NFLX only looks like a brief uptick. Still in a strong downtrend IMO. If the market heads south again, the move down will be more pronouced. I'm holding June 62.5p.

AAPL is very oversold atm IMO. Once the FB hype is over, money will re-enter AAPL. Add in a SPY bounce and my 600 June calls will be sitting pretty!