Tag Archives: ICE

ICE (Intercontinental Exchange)

What is the best indicator of  future performance??? Past performance? Well if it was that easy , this site would be called OptionBillionaires. But what we can say, is that a stocks history can be used as a tool to help gauge future results.  Take ICE (Intercontinental Exchange) for example. ICE has reported earnings that have beaten EPS estimates for the last 7 Quarters, revenues have also been growing, yet the stock has traded in a range from $102 to $135. We think this earnings cycle will break that trend.


Like we wrote about on CME (CME Group), buying options in a stock thats 'cold', can yield amazing returns as it gets 'hot'. We think ICE is ready to melt the charts, and break the trading range with it's earnings release tomorrow. This is the difference maker, and the one that set the stock on fire a few years back on the new. Check it out here. Thats the money maker.

I guess time will tell, but if history is any indication, we will be in for a very fun wednesday.


Disclosure: We do own $130 FEB 18th calls and March $135 calls.




CME broke out yesterday after reporting earnings that missed revenue and eps estimates(excluding items). Technically speaking, they did beat the EPS estimate from a one time tax gain(thanks chicago) with an $11.25 EPS. The MF global cost CME 30 million, so not bad considering the scale of that mess. The stock was sitting near multi-year lows a few weeks back when we put it on watch here(read). It has now broken out and looks ready to retest $280.


Goldman Sacks kept their neutral rating on the stock, and raised their price target to $270 from $250 this morning. Goldman has been wrong about this stock for the past few years, one time adding it to it's conviction buy list. With more exchanges reportiing earnings next week, like ICE (Intercontinental exchange), CME could keep moving to the upside.

CME has been an option traders wet dream, as the $270/$280 FEB 18th strikes have returned over 1000% in the past 24 hours of trading. Lets see if it keeps its momentum, and keep your eyes on ICE for possible breakout next week.




The Chase is ON!

The chase is on.... for  performance that is. Now that the SPY has closed above $130, folks are rushing into stocks as the potential to miss the rally, outweighs the possible downside risks.

Now is the time to turn to those old stocks, still fundamentally sound, but beaten down.

Stocks to watch the next few days: PCLN CME ICE CRM.

We are also watching BLK for a bounce on Earnings this morning.