January 14, 2021
Since the dawn of modern markets, companies have engaged in a quarterly ritual on Wall Street. It’s a dance of sorts where investors set the tempo and companies see if they can impress spectators. Missteps are punished, sometimes mercilessly.
January 12, 2021
January welcomes in the new year, but it also brings with it another earnings season for the financial markets.
October 28, 2020
When these earnings reports happen, we analyze the data, the price reaction and build plans on how to move forward. Before the earnings report, we look at market maker expectations, implied volatility, and gap history to get ready for the action. How do you prepare for a company’s earnings report?
July 30, 2020
It is a busy day in financial markets. There was a handful of important economic reports that were reported this morning, including the Advanced GDP and weekly jobless claims.
July 23, 2020
Tesla reported earnings on Wednesday after the market close. The price has held up well, trading near $1600 a share in early trading on Thursday. What has not held up well is the Implied Volatility for the options on Tesla. When IV drops, the value of an option drops at the rate of Vega. If you hold options you must learn how to read implied volatility changes.
January 29, 2020
“You never got me down, Ray!” Raging Bull, 1980.
