I initiated a range trade on STZ on January 8th ahead of its earnings report. I ended up with much more than I bargained for when I got into this position. Check out the 17 …
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Trade Update Jan 17th, 2012 at 11:00 am: As The WFC call calendar that I traded last week has gradually appreciated, and with one day left to expiry and the stock right at my desired …
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Since I wrote the WFC Earnings Preview yesterday (below), the implied move in the stock has inched higher from about 3% up to almost 3.5%. While that’s a small difference, I became more intrigued when …
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I laid out my thoughts on STZ in my earnings preview earlier today (included below). Given the high level of implied volatility, and my lack of directional bias, I basically just want to sell volatility …
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