Netflix (NFLX) will report its Q4 earnings after the close. The options market is implying about a 7% move in either direction or about $34.50. With the stock near $503 the Jan 22nd weekly 502.50 Straddle (the call premium + the put premium) is offered at $34, if you...
Earlier today I joined my fellow CNBC Fast Money panelist Guy Adami and our friend Danny Moses (who you may know from The Big Short) on the first episode of our new podcast, On The Tape. See more about what we’re doing here. We’re looking to give our...
About a month ago I detailed a bullish trade idea in Autonation (AN) by first detailing my bearish view on Carvana (CVNA) or at least its comparative valuation (Read here). What’s interesting about this way of thinking about idea generation, as long as they are...
Back on December 17th I detailed a bullish trade idea on Autonation (AN), read here, I suspect AN will continue to push further into online sales in 2021, reducing its store footprint, opening up new markets at a much lower cost. If I were inclined to play for a...
No matter how optimistic one may be about the stock market here in the U.S. for 2021, it would seem impossible that yesterday’s lows were THE lows for the year. If you agree with that, then it makes sense that there would be a sort of cleansing of some of the...
