Event: Tesla (TSLA) reports Q2 results after the close. The options market is implying about an 8% one day move (or about $21 in either direction), which is very rich to the 4 qtr average …
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Event: TWTR reports Q2 results tonight after the close. The options market is implying about a 13% one day move which is a tad shy of the 6 qtr 16% average since its IPO. Price Action …
Continue readingHerbalife reports earnings today after the close. We previewed the earnings event on Friday, with the following conclusion: The earnings event itself is not justifying the elevated vol in the options. Likely the option premium …
Continue readingTransocean (RIG) stock was slammed by BP’s Gulf of Mexico oil spill in 2010, and the stock has never really recovered. I delved into the financial and business details in my Deep Dive post a …
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