View Post

Action in Review | The Year in Review | December 29th, 2017

by Seth Goonetilleke

With just a few days left to 2017, it’s time to look back and reflect on one of the most remarkable years for Wiseguys, and Sang Lucci, to date. And considering 2016 saw “Bazooka” buying into crash lows

View Post

Action in Review | Fuel for the Fire | December 14th, 2017

by Seth Goonetilleke

Strong performances in smaller energy names, as well as a triumphant return to form from an old favorite, defined the day for sharks.

View Post

Action in Review | Lighter Than Air | December 12th, 2017

by Seth Goonetilleke

The markets in general were light as could be, with a broad swathe of assets either enjoying strong bounces or maintaining upwards momentum.

View Post

Action in Review | Baby Got Banks | December 7th, 2017

by Seth Goonetilleke

Sharps had a particular affection for the banks, as well as some repeat action following up on a toe-dip yesterday, as well as a name we haven’t heard from in a while!

View Post

Action in Review | Relative Volume | December 6th, 2017

by Seth Goonetilleke

Despite Wednesday’s relative strength, more puts crossed the board today than during yesterday’s bait and switch reversal downwards. Not all of them BTO, however…

Action in Review | $SPY Some Crazy $LUV for $BAC | November 28th, 2017

by Seth Goonetilleke

The steam was absolutely relentless today with massive piles of cash being thrown at some aggressive calls, as well as some very smart, early positioning that had a more precise nature.

View Post

Action in Review | Smaller is Better | November 20th, 2017

by Seth Goonetilleke

Wiseguys had a hankering for the small caps today that simply could not be satiated (though SPY sweeps were as popular as ever).

View Post

Action in Review | Double Down | November 15th, 2017

by Seth Goonetilleke

With the SPY magically down once again, Wiseguys still refuse to back off. They’re doubling down on some old faithfuls, adding to initial activity from yesterday, and, as always, creating fresh positions in the stronger names in this otherwise red week of trading.

View Post

Action in Review | Buying the Scandal | November 14th, 2017

by Seth Goonetilleke

Today was all about selective buying into this red day on primarily news driven names. This buying was speedily rewarded in some (non scandalous) cases with afternoon strength throughout the market.