Sr. Correspondent, Broker Research, Bangalore, India
Saqib's Feed
Oct 2, 2014
Oct 2, 2014

Options market bets on a Brazil comeback post-election

NEW YORK, Oct 2 (Reuters) – The prospect of leftist Dilma
Rousseff winning another term as Brazil’s president has caused
investors to flee Brazilian markets, but bets in the U.S.
options market suggest the selling may have run its course.

Citizens in Latin America’s largest economy will vote on
Sunday, with polls showing Rousseff solidifying her lead over
opposition candidate Marina Silva, who is looking to put an end
to 12 years of Workers’ Party rule.

Oct 1, 2014
Sep 30, 2014
Sep 30, 2014

GoPro shares rise on news of new cameras; bullish options active

NEW YORK (Reuters) – GoPro Inc shares rose 3 percent to touch a new high and options volume looked set to hit a record on Tuesday, a day after the maker of cameras worn by surfers and skydivers said it would be launching two new action cameras, as well as a lower priced beginner-friendly model.

The stock has become a momentum-crowd favorite recently, with shares nearly tripling from their first-day closing price of $31.34 on June 26.

Sep 30, 2014
Sep 30, 2014
Sep 29, 2014

Alibaba options active in U.S. trading debut

NEW YORK (Reuters) – Chinese e-commerce heavyweight Alibaba Group’s options were among the most active on Monday, their first day of trading, with an even mix of bullish and bearish bets.

The mix implies equal numbers of bets on the Alibaba stock climbing or falling from current levels. The company’s shares were down 2 percent at $88.80 on Monday.

Sep 29, 2014
Sep 29, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
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