Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Optionity Quick Report 01/28/2013

|Includes:Intel Corporation (INTC), SPY, VXX

Company Name / Ticker

Closing Price (Gain/Loss)

Low-High

Volume/30 Day Average

Intel (NASDAQ:INTC)

21.05 (+0.09)

20.99 - 21.09

105.40M/47.45M

SPDR S&P 500 ETF (NYSEARCA:SPY)

150.07 (+0.83)

149.51 - 150.33

18.14M

iPath S&P 500 VIX Short Term Futures (NYSEARCA:VXX)

23.57 (+0.62)

22.90 - 23.85

5.12M

INTC

INTC opened higher and closed higher with 0.43% gain. The volume of 105.40M was 2.22x of the 30 day average of 47.45M. The MACD (12, 26, 9) continued show a bearish sign and the MACD Histogram decreased to -0.12 from -0.117. RSI (14) increased to 47.63 from 46.22 with a decreasing selling momentum. INTC is currently trading above its 50-day MA of $20.686 and is still below 200-day MA of $23.73.

SPY
SPY opened lower and closed lower with 0.12% loss. The MACD (12, 26, 9) turned to show a bullish trend on January 2, 2013 and the MACD Histogram decreased slightly to 0.198 from 0.226. SPY is currently trading above its 200-day MA of $138.49 and its 50-day MA of $143.12. RSI (14) decreased to 73.79 from 75.40 with a decreasing buying momentum. SPY had broken through and closed above its resistance of $147.29, the R2 pivot point, on January 17, 2013.

Disclosure: I am long INTC.

Stocks: INTC, SPY, VXX