Anatomy of a Trade – $HPQ Fight Test


Yesterday we highlighted the major difference between weekly implied vol and June regular vol in HPQ and offered up two calendar trades. To recap, here were the trades and the rationale:   … [Read more...]

Name That Trade – $HPQ Printer Jam


Earlier, Dan previewed the HPQ earnings that come after the close today. Looking at potential trades the thing that immediately sticks out is the vast difference in implied vol between the weekly … [Read more...]

Trade Management on Expiration Pins


We got a great subscriber question on trade management the other day that I wanted to turn into an educational post for all to see. Here is the question. When holding a fly into expiration, with the … [Read more...]

New Trade – CRM: Cloud Nothings


Event: (CRM) reports Q1 results tonight after the close. The options market is implying about a 6.2% or $4.30 one day move vs the 4 qtr avg of about 7%. Price Action  / Technicals: … [Read more...]

Name That Trade – $VIX Vapors


The spot VIX is low today, checking in at at around 12.50, up on the day due to the Monday effect. Actual volatility of the market is nearly non-exsistant recently with the 30 day historical … [Read more...]

Anatomy of a Trade – $MCD Strangburglar


A week ago we detailed a way for a McDonald's (MCD) shareholder to add 2% (yield or protection) in the next 5 trading days if MCD was between $100 and $95 (stock reference $97.80) on this Friday's … [Read more...]

Name That Trade – $JD Power?


A couple weeks ago I took a look at the other Chinese eCommerce behemoth that you had probably never heard of, (JD), see below. The primary focus of the post was the buildup in call open … [Read more...]