On November 16th, the day Walmart (WMT) issued a Q3 beat and raise to forward guidance the stock gapped up to then new all-time highs, closing up nearly 11%. The stock quickly consolidated those gains …
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SNAP’s 40% plus one-day gains following its better than expected Q4 results was nothing short of astounding. The stock was down at one point 10% this morning in a sloppy tape, but also a day …
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It’s a fairly uneventful day in the broader markets compared to the last three. That type of breather is a good time to check in on some trades that may be benefitting (or protecting against) …
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Snap Inc. (SNAP) will report their Q4 results after the close. The options market is implying about a $2, or 14% move in either direction tomorrow. The company has released three quarterly reports since their …
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Over the last year, we have been bullish and long shares of Intel (INTC) on numerous occasions for a whole host of reasons (read here, here, here & here). The stock had been underperforming the broad market and the …
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One of the biggest stories coming out of yesterday’s sell-off was the spike in implied volatility, with the VIX rising from about 17 at about 10am to nearly 40 by 3pm. That spike was obviously …
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On January 24th we looked at the upcoming earnings from some of the tech giants that had powered much of the slow and steady returns we’ve seen over the past year in the QQQ. We …
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Yesterday in my fiscal Q1 earnings preview for Apple (AAPL) I stated that it was a difficult near-term set up for the stock into the print: The company reported an iPhone unit number of 77.3 million that …
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Yesterday we previewed Apple’s Q1 earnings and detailed a potential hedge for those long the stock and a bit worried about a follow through on the recent pullback. Here was the hedge idea: VS 100 …
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Apple will report their fiscal Q1 results tonight after the close. The options market is implying about a 4.5% move in either direction, rich to its 3.25% average move following the last four quarters. With the …
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