Disney (DIS) reports their fiscal Q3 results tonight after the close. The options market is implying about a 3.7% one move tomorrow in either direction, which is rich to the average one day post earnings …
Continue readingA few weeks ago we took a look at Delta Airlines stock (DAL), 54.55 at the time, and detailed a bearish trade in August, targeting a move to 50. Here was the trade, from July …
Continue readingThis morning’s Wall Street Journal took a look at the knock off effects of the weak U.S. dollar: Investors Chase Beneficiaries of Dollar’s Decline, citing unusually poor sentiment towards the currency, given the uncertainty of the …
Continue readingOn Friday we highlighted the potential for a reversal of the dollar’s slide and detailed a defined risk way to play between now and January expiration using the Power Shares US Dollar etf UUP, (Read here: Dollar …
Continue readingThe dollar is bouncing today following the July payrolls number. One of the surprises in the release was some signs of faster wage growth, affecting assumptions of moves by the Fed. Here’s Peter Boockvar: I …
Continue readingYesterday, following better than expected fiscal q3 results and fq4 guidance shares of Apple (AAPL) gapped to a new all time high, barely squeaking out a new closing high. Obviously, the chart has some technical …
Continue readingYesterday we detailed a defined risk bullish trade idea into Tesla (TSLA) earnings. Here was the trade idea and rationale: Buy the TSLA ($319) Aug4th/ Sept 340 call calendar for $7 Sell 1 Aug4th 340 …
Continue readingEarlier, we previewed Tesla’s (TSLA) Q2 earnings due after the bell and detailed a roll of prior bearish trade idea from early June when the stock was near its all time highs. In both cases, the …
Continue readingTesla (TSLA) is scheduled to report their Q2 earnings results tonight after the close. The options market is implying about $20 (or 6.5%) move in either direction tomorrow, which is rich to the 3.75% one day …
Continue readingYesterday we previewed Apple (AAPL) earnings and detailed a bullish/stock alternative trade. And last week we looked at a hedge for those already long the stock. With AAPL up (and outperforming the implied move) following …
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