Event: GOOG reports its fiscal Q1 earnings after the close tomorrow. The options are pricing in about a 4.75% move based on the weekly straddle, relative to 5.25% avg. move over the past 4 quarters, and …
Continue readingBBBY
Event: BBBY reports its fiscal Q4 earnings after the close today. The options are pricing in about a 6.5% move based on the weekly straddle, relative to 10.25% avg. move over the past 4 quarters, and …
Continue readingEvent: BBBY reports fiscal Q2 earnings on Wednesday, Sept 19th after the close. The implied move in the options market is only ~7% (based on the Sept 70 straddle expiring on Friday), despite the 17% drop …
Continue readingThe Feds here and abroad are really doing a number on world markets……our late afternoon sell-off came after the Fed Chairman’s statement and Q&A following a 2 day FOMC meeting where they essentially downgraded the …
Continue reading