MorningWord 8/9/13: Summer trading is here. On a week that was relatively devoid of any meaningful news, and with the bulk of Q2 earnings in the rear-view mirror, traders may start to focus …
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Dan previewed YUM’s Q2 earnings yesterday (below) and although we’re not going to take a stab on the name before earnings we wanted to show some structures that make sense for those wishing to protect an …
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Event: YUM reports Q2 earnings tomorrow after the close, the options market is implying about a 4.5% move which is almost exactly in line with the 4 qtr avg move and rich to the 8 …
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Since last summer we have posted our share of cautious comments (below) on YUM Brands given their heavy exposure to China, and what appeared to be weakening trends for fast service restaurants in the U.S. …
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Event: YUM reports their Q4 earnings tonight after the close, the options market is implying about a 5.5% move, vs the 4 qtr and 8 qtr avgs of ~2.75%. Sentiment: Wall Street analysts remain fairly …
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MorningWord 1/10/13: Comments from Warren Buffet regarding U.S. banks are getting a bit of play this morning as quotes from a recent Bloomberg News interview clearly reinforce his bullish stance on a sector from which he has received his …
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MorningWord 1/09/13: At RiskReversal, we pride ourselves in giving our readers the straight talk, in fact one of the reasons for the existence of this site is our disdain for the financial double talk that …
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So this one has been a battle to say the least. I’m long the NKE Dec 95/92.5 put spread at a cost of 42c going into the earnings announcement and with only 1 day until …
Continue reading2nd Trade Update Dec. 13th, 2012: NKE is back down to the level that I originally bought the Dec7th /Dec22nd 95 Put Spread for 1.40 on Nov 30th. To refresh everyone’s memory, when the Dec7th 95 Puts expired worthless …
Continue readingTrade Update Dec. 7th, 2012: Last week I bought a Put Calendar in NKE, selling today’s expiration 95 put and buying Dec22nd 95 Put (which catches their Q2 earnings on Dec 20th). The idea was …
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