Earnings! Jedi! Sith! This episode has it all.
Download Option Block 589: Jedi vs. Sith. vs Earnings Season
Trading Block: The Trump Effect: President Donald Trump is set to unleash a cascade of stock-market anxiety – The day of reckoning for the Wall Street is here. McDonalds (MCD) earnings today. Friday close – $122.26; ATM Straddle – $3.52, approx. 3%; Open down $.75, Traded as low as $2.44; No more love for all-day breakfast.
Odd Block: Calls and puts trade in Morgan Stanley (MS), calls trade in Home Depot Inc (HD) and calls trade in Lending Club Corp (LC)
Mail Block: Questions, Comments, Polls, and more
Options #QuestionOfTheWeek
Earnings Season awakens! How do you play earnings using options? Are you an Earnings #Jedi or #Sith?
- 41% – Dark Side (Short Premium)
- 26% – Light Side (Long Premium)
- 25% – No Side – Avoid earnings
- 08% – Other (Reply/DM w/ideas)
Options #QuestionOfTheWeek – Lots of earnings on the horizon. Which company will outperform their earnings straddle by the largest margin?
- Alphabet – $GOOGL
- Microsoft – $MSFT
- Intel – $INTC
- Starbucks – $SBUX
Listener questions and comments
- Comment from Steve Place – CREE it is always CREE
- Question from Chris – Is there a way to subscribe to your posts as they go up on the website so you can get notified via email or mobile phone? ?Thanks, Chris
- Question from Fundconcept – Do you think activist investors opportunities will rise considering their experience with mkt volatility?
Around the Block/Earnings Highlights this Week:
- Tuesday – Alibaba Group, Verizon, Johnson & Johnson, 3M, Kimberly-Clark
- Wednesday – Boeing, Abbott Labs, eBay, Qualcomm, AT&T
- Thursday – Alphabet, PayPal, E-Trade, Microsoft, Southwest, Caterpillar, Intel
- Friday – Honeywell