Microsoft (MSFT) – Windows Dressing

July 14, 2017 by Dan • Trade Ideas

Microsoft (MSFT) will report their fiscal Q4 results on Thursday after the close. The options market is implying about a $2.80 move between now and next Friday’s close or about 3.8% in either direction, most …

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Update – Target (TGT) Practice

July 13, 2017 by CC • Trade Ideas

On May 19th we checked in on beaten up retail stock Target and looked for an inexpensive way to go contrarian and play for a bounce in the second half of the year. Here was …

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Update: Bank Shots – XLF

July 13, 2017 by Dan • Trade Updates

U.S. bank stocks get Q2 earnings season in full swing tomorrow with reports from Citigroup (C), JP Morgan (JPM) and Wells Fargo (WFC). The options market is implying the following one moves in either direction: …

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Update – XLU: Utility Bill

July 12, 2017 by CC • Trade Updates

On June 9th we took a look utilities etf (and bond proxy) XLU. At the time XLU was trading 53.55 following a bit of a breakdown. We felt the breakout was likely to fail and …

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Best Buy (BBY) – Geeked Up

July 12, 2017 by Dan • Trade Ideas

On Monday morning shares of Best Buy (BBY) gapped down 5% and closed the day down 6.4% on news reports that Amazon.com (AMZN) has launched a service to compete to set up gadgets at home, …

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Delta Air Lines (DAL) – Keep Climbing?

July 11, 2017 by Dan • Trade Ideas

Delta Air Lines (DAL) is scheduled to report Q2 results on Thursday morning before the open. The options market is implying about a 3.5% one-day post-earnings move, which is 2x that of its average one-day …

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Update – Pepsi (PEP) Fizz

July 11, 2017 by CC • Trade Updates

Yesterday we previewed Pepsi (PEP) earnings (that came out this morning) and detailed two trade ideas, one as a stock alternative the other as a hedge for longs. With the stock down a bit let’s …

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