$NFLX Q2 Earnings Preview

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Event:  NFLX reports its Q2 earnings today after the close.  The options market is implying about a 8% one day move, which is below both the 4 qtr avg of about 9.25% and the 8 qtr avg of about … [Read more...]

Name That Trade – $GS: Vampire Lid?

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Goldman Sachs reported a better than expected result this morning, and the stock is trading 1.5% higher early in the session.  While the trading businesses (both fixed income and equities) were weak, … [Read more...]

Name That Trade – Back to $BAC

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BAC has been on our radar ever since a lackluster Q1 earnings report.  We had a profitable bearish trade in the spring, which we closed for a triple.  In the rationale for that trade, we outlined the … [Read more...]

New Trade – $CIEN: Optical Infusion

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I posted my thoughts on CIEN in today's earnings preview.  The stock is one of the worst performers in the Nasdaq so far in 2014, down more than 20%.  Thursday morning's earnings event is a key … [Read more...]