January 8, 2013 by Enis • Commentary

Event: STZ reports its calendar Q4 earnings Wednesday before the open.  The options market is implying about a 7% move post-earnings, which is slightly low relative to both the 4 qtr avg move of about 11%, …

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August 10, 2012 by CC • Education

We received a few questions on the workings of a calendar spread like the one we just closed in MNST. I wanted to take the time to explain how this structure works as it’s a …

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August 9, 2012 by Enis • Commentary

Event: JWN is set to report their Q2 earnings after the close tonight. The options market is implying a 5% move following the report, close to their 8 qtr average of 4.5%.  Interestingly, the stock has …

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