Yesterday, we previewed Cisco’s (CSCO) fiscal Q1 earnings due today after the bell. I wanted to follow up with some trade ideas for those that are long or wish to play directionally. Currently the options …
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Event: Alibaba (BABA) reports Q3 results tomorrow before the open. The options market is implying about a 5.5% one day post earnings move, which is rich to the 4 qtr average one day post earnings …
Continue readingEvent: McDonald’s (MCD) reports Q3 results next Friday prior to the open. The options market is implying a 2.75% weekly move between now and next Friday’s close (most of which is for the event move, …
Continue readingUnless you invest from under a rock, you know that the Federal Reserve meets next week to debate interest rate policy. Fed Fund futures are currently pricing about a 20% chance that the Fed will …
Continue readingWhile we’ve spent all this time debating when the U.S. Federal Reserve will raise the Fed Funds rate for the first time since 2006, there has been little discussion on wether the ECB will continue on its …
Continue readingIn today’s MorningWord (Bulls in China Shop) we looked at China’s bear market rally (since the Aug lows) and tried to determine what is says about the health of their economy, and what it means for global …
Continue readingOn Friday’s Options Action on CNBC I detailed a bullish trade idea in Macy’s (M) and described a position hedge for long holders of Facebook (FB) into next week’s Q3 earnings. Cornerstone Research’s Carter worth gave his technical …
Continue readingEvent: Amgen (AMGN) reports Q3 results tonight after the close. The options market is implying about a 4% one day move tomorrow, which is rich the 4qtr average of about 2.75%.
Continue readingOn Friday’s Options Action on CNBC I detailed a bearish trade idea on the Industrial Select etf, the XLI, and offered up a portfolio hedge, or a trade structure that could be an outright bearish bet in …
Continue readingToday is a tale of two cities for industrial stocks, with General Electric (GE) trading up about 2.5% and at both a new 52 week and 7 year high after posting better than expected Q3 …
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