Paper bought 1000 MDR May 11 Calls for $.30 (2.0 times usual volume) when stock was trading $10.30
Paper bought 4421 ARO July 13 Calls for $1.75 when stock was trading $13.98
Paper bought 8586 VIAB May 70 Calls for $.70 (6.6 times usual volume) when stock was trading $65.75
Paper bought 500 BVN Sep 25 Calls for $1.10 (7.7 times usual volume) when stock was trading $22.29
Paper bought 400 YHOKU April 18 Calls for $.15 when stock was trading $17.16

Paper bought 8586 VIAB May 70 Calls for $.70 (6.6 times usual volume) when stock was trading $65.75
Paper bought 4421 ARO July 13 Calls for $1.75 when stock was trading $13.98
Paper bought 96,000 S May 7 Calls for $.27 (14.7 times usual volume) when stock was trading $6.99
Paper bought 1070 MEOH May 40 Calls for $.65 (8.6 times usual volume) when stock was trading $37.51
Paper bought 2750 VHC April 19 Straddles for $2.00 when stock was trading $19.02

From a fundamental prospective, it seems as though every time the Japanese halt the bond market, USD/JPY moves higher. One could subscribe to the notion that investors, perhaps who wanted to sell, buy USD/JPY to get out of Yen. Additionally, maybe investors see the risk of devaluation or additional extreme policy implementation during the close of trade, therefore USD/JPY is a hedge. To the contrary however, the market is only paying 71 bps annually for Japan CDS… not seeing a lot of risk.

—
salerno.mark.a@gmail.com     

The firm goes on to say that the PC industry is having trouble with identify and innovation. Apparently, the sector is in the middle if a transformational identity crisis, whereas those shifting toward consumer preferences are taking share, while those rooted in the past become the source of market share. 

As for market reaction today, the Nasdaq 100 is underperforming the S&P 500 a tad. Tech titan AAPL recently made a low of $419. This prior low made about a month ago, will prove to be an important trading pivot for perhaps a short-term bounce.

—
salerno.mark.a@gmail.com