After a fairly sharp decline in the last month, highly correlated to the bounce in the U.S. Dollar, Gold finally bounced Friday off of an important technical level of 1200. It has followed through with …
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Implied volatility in the U.S. stock market has moved to near the lows of the year (VIX at 13 is enough to show that). For the first time since April though, implied volatility in the …
Continue readingEvent: NKE reports its fiscal Q4 earnings today after the close. The options market is implying about a 5% move post-earnings, which is lower than the 4 qtr avg move of about 7%, and lower than …
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Event: FDX reports its fiscal Q4 earnings tomorrow before the open. The options market is implying about a 4% move post-earnings, which is higher than the 4 qtr avg move of about 3.5%, but lower than …
Continue readingTrade Update May 2, 2013, 10:11 am: Dan had a great MorningWord this morning explaining the rationale behind his FB trade. However, what I found most broadly applicable to trading earnings in general was his …
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Event: GOOG reports its fiscal Q1 earnings after the close tomorrow. The options are pricing in about a 4.75% move based on the weekly straddle, relative to 5.25% avg. move over the past 4 quarters, and …
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I’ve clearly gotten more bearish in the past week. Putting my own directional bias aside though, from a pure volatility standpoint, this is the best time that I’ve seen over the past year to replace …
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Priceline.com has grown itself into one the top 100 largest companies in the U.S. by market cap. The company was founded in 1998, and its 15 year growth story is the stuff of legend. Only …
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Event: C reports its Q1 earnings before the open on Monday, April 15th. The options are pricing in about a 3% move, relative to 2.75% avg. move over the past 4 and 8 quarters. Sentiment: Wall …
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Event: BBBY reports its fiscal Q4 earnings after the close today. The options are pricing in about a 6.5% move based on the weekly straddle, relative to 10.25% avg. move over the past 4 quarters, and …
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