Thursday, November 1, 2012

Thursday 11.1 pre-mkt

The /ES closed yesterday at 1405 and looks to open around 1408 after jobless numbers that came in slightly below estimates.

$NFLX was on a tear yesterday after Icahn announced a position in the stock, which turned out to be largely call options. Sent $NFLX up to 84 before closing at 78.90ish. And of course the stock is getting "sell" calls today from analysts. Will be interesting to see the option flow off the open as it looks to open around 78.85.

Then it's information overload, loads of earnings out today but nothing that's really calling me to trade.


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