September 20, 2016 by Dan • Trade Ideas

Event: FedEx (FDX) reports their fiscal Q1 results tonight after the close. The options market is implying nearly a 5% post earnings move tomorrow in either direction, which is shy of the 4 qtr one day average …

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September 14, 2016 by Dan • Morning Word

Will they? Won’t they? The financial press (and it seems the political press too) can’t stop with this. Yep, because it’s election season, everyone is playing the guessing game on a possible Fed rate hike …

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August 1, 2016 by Dan • Trade Ideas

In the last month and change we’ve focused some short delta ideas that have some similar themes (e.g. increased chances of recession Europe post Brexit). We expressed those views in 3 etfs in particular that …

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July 15, 2016 by Dan • Commentary

I don’t have much to add about the horrific attack in Nice last night. It saddens me as it saddens you. In the immediate aftermath of 9/11 the world grappled with the threat of large scale, …

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July 11, 2016 by CC • Trade Ideas

A couple of weeks ago we expressed our gloomy view of U.S. bank stocks with a put purchase in Bank of America (BAC ) expiring in August. We chose that expiration because it captures BAC’s …

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July 6, 2016 by Dan • Commentary

I wanted to highlight a few interesting reads from the last couple days. I think these are fairly important for U.S. investors looking at the relative strength of U.S. stocks and the yield differential between our …

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July 1, 2016 by Dan • Trade Ideas

Regular readers are familiar with my views on bank stocks (from April here and early June here). Given the weakness of most into and out of the Brexit vote late last week we took the opportunity …

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