Today after the close INTC will report its Q4 results. The options market is implying about a 5.7% one day move tomorrow. With the stock around $59, the Jan 22nd weekly 59 straddle (the call …
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Event: YUM reports its fiscal Q3 earnings on Tuesday, Oct. 8th after the close. The options market is implying about a 3.25% one day move, which is below the 4 qtr avg of about 4.5%, …
Continue readingAs we start the day with futures indicating a down open for the 4th time in the last 5 days, the gradual nature of the decline since the Fed decision day is interesting. If the …
Continue readingThe CBOE Put/Call Ratio fell back down to 0.75, near the lows of the year, as calls were more active once again. MSFT – The Jan14 30 / 34 risk reversal traded 50k times. Trader looks …
Continue readingOvernight price action in SPX futures similar to the last few days. After no progress was made on the government shutdown after talks between the President and Congressional leaders, futures leaked lower, though off their …
Continue readingThe stalemate on Capitol Hill continues. The market has had a small bounce today on news that the White House will meet with congressional leaders after the close of trading today but we’re not expecting …
Continue readingCoca-Cola has quietly given back practically all of its gains from earlier this year. The stock actually got off to a very strong start, making new all-time high after new all-time high from March until …
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