Global ETF Plays

Consumer Discretionary Sector (XLY): ready to move higher

noreply@blogger.com (OptionSmart.com) — Thu, 05 Jun 2008 09:08:00 +0000

The sector looks cheap in terms of fundamentals – P/E slid to 14.1. P/B (2.1) is also low. Its technicals look attractive as well. This ETF is about to bottom out. Some key components of this sector (HD, TGT and KSS) are also in bullish mode (low PEG and P/E). Though some components (like SBUX and TWX) are overbought in technical terms, their downside is limited because all these stock are fairly priced in terms of fundamentals.
Unusually high option trading activity for Sep 25-31 calls/puts indicate that large trades bet on an upturn. Besides, there are massive buy order setups at the 31.6 level.
According to our estimates, there is a 80% chance for this sector to move higher later this month.

Global ETF Alert: EMC

noreply@blogger.com (OptionSmart.com) — Mon, 21 Apr 2008 13:02:00 +0000

April 18,2008
Market Order
ROLL
STC EMCDQ EMC Apr 16 Call
BTO VUEAC EMC Jan9 15 Call

Global ETF Alert: APA

noreply@blogger.com (OptionSmart.com) — Mon, 21 Apr 2008 13:01:00 +0000

April 18,2008
Market Order
ROLL
Bear Credit Call Spread
BTC APADA APA Apr 105 Call
STC APADB APA Apr 110 Call
BTO OWFAI APA Jan9 145 Call
STO OWFAX APA Jan9 140 Call

Global ETF Alert: EEM

noreply@blogger.com (OptionSmart.com) — Fri, 18 Apr 2008 07:18:00 +0000

April 16,2008
GTC Limit Order
Close Debit Call Spread
BTC EEMEH EEM May 140 Call
STC EEMEG EEM May 135 Call
Credit 3.42

Global ETF Alert: IBM

noreply@blogger.com (OptionSmart.com) — Thu, 17 Apr 2008 07:01:00 +0000

April 15,2008
Day Limit Order
Open Bearish Debit Put Spread
Buy to Open IBMQE IBM May 125 Put
Sell to Open IBMQD IBM May 120 Put
Debit 3.60

Global ETF Alert: SMH

noreply@blogger.com (OptionSmart.com) — Wed, 16 Apr 2008 13:08:00 +0000

April 10, 2008
Day Limit Order
Open Debit Call Spread
BTO SMHHQ SMH Aug 26 Call
STO SMHHF SMH Aug 30 Call
Debit 2.85