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): …
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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 …
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The volatility in almost every publicly traded asset class the world over has finally come home to roost in the long untouchable U.S. stock market. The VIX has exploded from the 2015 lows earlier this …
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Yesterday (read here) I highlighted some put activity in Disney (DIS), a day before the company reports fiscal Q3 results after tonight’s close: The largest trade of the day came shortly after the open. When …
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Event: Disney (DIS) reports fiscal Q2 results tomorrow before the open, the options market is implying about a 4% event move*, vs the qtr average of about 2.75%. It is important to note that last …
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On Friday I made, what is in hindsight, a boneheaded short biased trade in Disney (below). Since the stock’s blowout results last night I have thought a lot about this trade, and what drew me …
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Friday afternoon I laid out a very near term bearish case for shares of Disney (DIS) into their fiscal Q1 report due after the close tonight (read below). I wanted to be very clear, DIS …
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Disney (DIS) reports their fiscal Q1 earnings Tuesday after the close, the options market is implying a 3% on day move, vs the 4 qtr avg move of only 1.7%. The stock is obviously not …
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Dan discussed Disney in a MorningWord post last week, highlighting the incredibly persistent uptrend in DIS, combined with the low level of implied volatility: One could have made the same case at any point since …
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