April 22, 2016 by Dan • Commentary

Q1 earnings season is off to a sort of meh start. Last week, bank stocks rallied off of very low expectations, poor relative performance and results that were good enough to cause a bit of …

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April 21, 2016 by Dan • Trade Ideas

Event: Microsoft (MSFT) reports fiscal Q3 results tonight after the close. The options market is implying about a 4.3% one day move, which is well below the 4 qtr average one day move of about 7.5%, and inline …

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April 20, 2016 by Dan • Commentary

Last night Yahoo (YHOO) reported their Q1 results and guidance which showed little fundamental change to the company’s multi-year malaise, and as expected most of the focus has been on the company’s potential sale of …

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April 20, 2016 by Dan • Trade Ideas

Event: Visa (V) reports Q1 results tomorrow after the close. The options market is implying about a 4% one day move which is slightly rich to the 4 qtr avg of 3.75% by shy of last …

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April 20, 2016 by Dan • Commentary

On Friday we rolled a mildly profitable long premium bearish view on Qualcomm (QCOM) from April 22nd weekly expiration (this Friday) to May expiration (here). Here was the new trade idea from Friday afternoon: TRADE: QCOM ($51.60) …

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April 20, 2016 by Dan • Commentary

Intel (INTC) reported Q1 results and forward guidance last night after the close. While the Q1 results hit the previously lowered estimates, Q2 sales were guided to $13 to $14 billion, below the consensus of …

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