March 2, 2016 by Dan • Trade Ideas

Event: Costco reports fiscal Q2 results after the close. The options market is implying a 4% one day move, which is more than double the 4 qtr average of a little less than 2% and …

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February 17, 2016 by Dan • Trade Ideas

Event: Walmart (WMT) reports their Q4 results tomorrow before the open. The options market is implying about a 3.25% one day move, which is just shy of the average one day move following the last four …

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February 5, 2016 by Dan • Trade Ideas

On January 28th Visa (V) reported fiscal Q1 results that beat expectations, and offered in-line guidance. The stock rallied 7.5% the next day.  On the earnings call management suggested that the strength of the dollar …

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March 3, 2015 by Dan • Commentary

Event: Abercrombie & Fitch (ANF) reports their Q4 tomorrow before the open. The options market is implying a 14% one day move, vs the 4 qtr avg of about 6.5%, with three of those moves …

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February 11, 2015 by Dan • Commentary

Pepsi (PEP) just reported Q4 results and 2015 guidance, and the stock briefly made a new all time high in the pre-market. This is all a bit confounding to me. Given the lack of growth, …

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December 10, 2014 by Dan • Commentary

This morning COST reported their fiscal Q1 result that beat analyst estimates, showing a 7% same store sales increase  vs WMT and TGT both recently reporting .5 and 1.2% comps in the same period (per …

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December 8, 2014 by Dan • Commentary

Costco (COST) reports their fiscal Q1 results this Wednesday prior to the open. The options market is implying less than a 2% one day move in either direction, which is basically inline with the 4 qtr …

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October 29, 2013 by Dan • Commentary

MorningWord 10/29/13:  AAPL’s highly anticipated Q4 results and guidance for Q1 were received last night after the close with a massive MEH.  Throughout our writing leading up the event (preview here, trades below), we repeatedly …

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