Shares of Disney crashed in August, starting with its weak results and forward guidance and commentary around a secular shift in viewer consumption, which crescendoed into the August 24th flash crash lows of a peak to trough …
Continue readingDIS
It’s our view that the rolling sell off in U.S. equities that started this past spring / summer in past bull market darlings Apple (AAPL), Disney (DIS), JP Morgan (JPM), Solar Stocks, Tesla (TSLA), Semiconductors, …
Continue reading
We have written a lot on Disney (DIS) since their fiscal Q3 earnings report on August 4th, which was ultimately the catalyst for a peak to trough decline over the next 20 days of 26%. …
Continue readingEvent: Nike (NKE) is scheduled to report is fiscal Q1 earnings tomorrow after the close. The options market is implying about a 4.3% one day move on Friday, which is shy of its 4 qtr …
Continue reading
Here is a quick recap of trades that we initiated, closed, or debated in the week that was Sept 8th – Sept 11th: Monday Sept 7th: Market closed for Labor Day Holiday [hr] Tuesday Sept 8th: …
Continue reading
Since the middle of August we have been of the mindset that the new-found volatility in our equity markets have established new trading range opportunities. And opportunities in particular to use options to express directional views …
Continue reading
Last night on CNBC’s Fast Money I took a look at the implied move in the S&P 500 between now and September expiration, which will include the highly anticipated FOMC rate decision on Sept 17th: …
Continue reading
On August 21st, when the volatility in almost every other risk asset class the world over, finally visited U.S. equities, we wrote a post identifying levels we felt were safe near term long entries in two beloved stocks, Apple (AAPL) and …
Continue reading
Earlier in his MorningWord, Dan said that some of the best trades on the board after last week’s late week bounce in the fade the bounce of some of the market’s fallen angels, like Disney (DIS): …
Continue reading
The ascent of the SPX over the last few years seemed so effortless that the 10% decline in the S&P 500 (SPX) from August 20th to August 25th may have been nothing more than complacent …
Continue reading