February 6, 2018 by CC • Morning Word

One of the biggest stories coming out of yesterday’s sell-off was the spike in implied volatility, with the VIX rising from about 17 at about 10am to nearly 40 by 3pm. That spike was obviously …

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February 2, 2018 by CC • Morning Word

Yesterday we previewed Apple’s Q1 earnings and detailed a potential hedge for those long the stock and a bit worried about a follow through on the recent pullback. Here was the hedge idea: VS 100 …

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January 17, 2018 by CC • Morning Word

At the end of November we looked at the regional bank etf KRE and detailed a position that looked for a small move higher into year end followed by a breakout into the New Year. …

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January 16, 2018 by CC • Morning Word

One of the most frustrating feelings in options trading is getting the direction right but having on the wrong trade to take advantage of the move. This is unique to options. The feeling of missing …

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November 16, 2017 by Dan • Morning Word

Last week prior to Square’s (SQ) Q3 results we had the following to say about the stock’s eye-popping year to date performance: The stock is making new all-time highs as I write, placing this year’s …

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October 25, 2017 by Dan • Morning Word

Amgen (AMGN) will report Q3 results tonight after the close. The options market is implying about a 3% one day post-earnings move on Thursday, which is actually shy to the average over the last 4 …

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August 3, 2017 by CC • Morning Word

Yesterday we detailed a defined risk bullish trade idea into Tesla (TSLA) earnings. Here was the trade idea and rationale: Buy the TSLA ($319) Aug4th/ Sept 340 call calendar for $7 Sell 1 Aug4th 340 …

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July 19, 2017 by Dan • Morning Word

Shares of Facebook (FB) made a new all time closing high yesterday, and following through today, placing the stock up 42% on the year and resulting in a nearly $150 billion ytd market cap gain. …

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June 14, 2017 by CC • Morning Word

It’s been a bit since we checked in on volatility in the market. In a nutshell, apart from the couple of day selloff in big tech names we saw last week, there hasn’t been much. …

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