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January 17, 2017

Market Themes & Activity 1-17-16

Themes 1-17-17:
1. Indices finished in the red.  Notable was Small Caps IWM -1.4% which got smoked today,
    and indicated risk was off today
2. Banks got crushed today KRE -3.6% as bonds rose.
3. Biotech XBI -2.4 clearly not out of the woods w/ no clarity on the Trump ‘o Care plan yet.
4. Defensives climbed – with Miners leading GDX +2.7% Staples and Utes were also +1%
Activity 1-17-17
Notable Swing Trades:
GIS  5k GIS Apr 65 calls trade, ~ $550k trade. Nice defined support here
 GIS 1-17-17
OXY call bought today:
7,652 OXY Mar 3rd 72 C, $750k trade
not the best chart setup imo, but nice size trade…
OXY 1-17-17
Notable Option Activity 1/17:
CALLS:
 1055 AAPL Jan 115 C
 5192 GIS Apr 65.0 C
 4327 AMAT Jan 33.5 C
 2072 KSU Jan 86.0 C
 13005 WFT Mar 6.0 C
 5356 AMD Jan 9.5 C
 699 LOW Jan 73.0 C
 8936 MAT Feb 3rd 32.0 C
 5936 OXY Mar 3rd 72.0 C
 591 FCX Mar 16.0 C
 4095 CHTR Jan 310 C
 3622 UAN May 7.5 C
 2560 NXST Feb 70.0 C
 949 CIEN Jan 23.5 C
 883 PTCT Mar 18.0 C
 2737 MU Feb 3rd 21.0 C
 7323 KGC May 5.0 C
ETFS:
 1999 SLV Jan18 20.0 C
 6714 SPY Apr 176.0 P
Daily Market Themes & Activity
About Christian Fromhertz
Christian Fromhertz is the founder & CEO of The Tribeca Trade Group.

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