Market Review for November 23rd, 2020 Joe Biden is in. Janet Yellen is in. So there are no more questions it appears for the market to ‘worry about’. There is no more Trump Admin either so what is Twitter going to do? Let’s get right to it starting with Volatility. The space was muted today […]
Market Review for November 20th, 2020 OPEX has now cleared so let’s get right to it. Very quickly to cover the volatility space (added volatility of volatility $VVIX and Short Volatility Futures $SVXY): $VIX closed up +2.55% $VVIX closed flat -0.14% $VXX closed down -0.21% $UVXY closed down -0.71% $SVXY closed flat +0.08% Jumping right into the big 3 macro […]
What’s on Tap Weekly Calendar Monday November 23rd Economic Calendar: · 9:45 AM EST Markit Composite Flash PMI for November · 9:45 AM EST Markit Manufacturing Services, PMI for Nov Earnings Calendar: · Earnings Before the Open: KFY, WMG · Earnings After the Close: A, AMBA, ARWR, CBT, CENT, ENTA, IWSY, MNR, NTNX, TWST, URBN Tuesday November 24th Economic Calendar: · 7:45 AM EST ICSC Weekly Retail Sales · 8:55 AM EST Johnson/Redbook Weekly […]
November 19th, 2020 There was nothing happening today which is pretty standard for the day prior to an OPEX. There was a good deal of chop until about 1PM and then the indexes all rallied from off the lows from the beating they took yesterday. Everything was looking good into the close at 4PM for […]
I am going to change it up a bit – talk less, trade more. Where my focus goes, my energy flows. My focus each trading day has been to identify fabulous trading opportunities for clients in my live trading room. My personal trading and client trade alerts have not captured these fabulous trading opportunities because […]
November 18th, 2020 Well around 2PM there was some pretty gnarly news about schools in NYC shutting IMMEDIATELY. I guess its a little more serious than people were taking it. Today was VIXpiration so most short vol positions had been rolled in the AM and the overall positioning (long and short) in volatility was reset […]
Today In The Markets Bulls did not have a $PFE or $MRNA vaccine news in the overnight session last night to create a gap, ramp, and camp open to the markets. In fact the markets opened down about 1-1.5% across the board BUT the FLOWs are still inbound so the $RTY and the $ES rallied all day […]
Today In The Markets Bulls had another early Xmas present last night with another +1-1.5% overnight futures session of gains to walk into the AM session with this morning. However, volatility held firm in the midst of this barrage of equity squeezes: $VIX closed down only -2.81% $VXX closed down -2.83% $UVXY closed down -3.45% Jumping right into the big […]
What’s on Tap Weekly Calendar Monday November 16th Economic Calendar: 8:30 AM EST Empire Manufacturing for November 2:00 PM EST Fed’s Clarida discusses Economic Outlook Earnings Calendar: Earnings Before the Open: ACM, ATEX, CLSN, CSPR, JAGX, PANW, RADI, SRAX, TSN, VERO Earnings After the Close: BOXL, CIDM, CODX, CRMT, FTK, IBEX, IBIO, LIVX, MARK, NDRA, […]
Judging from today’s action – tech lower, reflation trades higher – market seems to be pricing in a Biden win with Blue Wave Congress. The new TINA? This is at the same time HYG sees its worst week of outflows last week since Feb and SPX futures are most long in two years at same […]
What’s on Tap Weekly Calendar Monday November 2nd Economic Calendar: · 9:45 AM EST Markit PMI Manufacturing, for Oct-F · 10:00 AM EST Construction Spending MoM for September · 10:00 AM EST ISM Manufacturing PMI for October Earnings Calendar: · Earnings Before the Open: AMCX, BWXT, CCLP, CDW, CLX, CNA, CWH, EL, FE, HSIC, HZNP, ITRI, JLL, L, LCII, LDOS, LITE, LL, MPLX, NI, NNN, NSP, ON, PARR, RGS, SUP, TEN, USFD, WING, WM, XTNT · Earnings After the Close: ADTN, AIZ, AMC, ANET, BKH, BRKR, CDK, CNO, CPE, CRUS, DOOR, ESPR, EVER, EVRI, FANG, FMC, FRPT, G, GHL, HMN, HURN, IP, IR, JAKK, JCOM, KPTI, LEG, MATX, MDLZ, NPTN, O, OMI, PAA, PINC, PUMP, PYPL, RIG, RMBS, SBAC, STE, SWKS, TREX, VNOM, WMB, WPX, YRCW Other Key Events: · China Caixin Manufacturing for Oct · Gabelli Annual Auto […]
What’s on Tap Weekly Calendar Monday October 26th Economic Calendar: · 10:00 AM EST New Home Sales MoM for Sept · 10:30 AM EST Dallas Fed Manufacturing for October Earnings Calendar: · Earnings Before the Open: AMG, ARLP, BOH, CBU, HAS, HCA, NRZ, OTIS, PETS, SMPL · Earnings After the Close: ACC, AGNC, AMKR, ARE, BHLB, BRO, BYD, CHGG, CINF, CR, FFIV, FIX, FLXS, HLIT, HMST, HSII, HTLF, IVAC, KNL, LRN, NOV, PCH, PFG, PKG, SSD, TBI, TWLO, VRNS Tuesday October 27th Economic Calendar: · 7:45 AM EST ICSC Weekly Retail Sales · 8:30 AM EST Durable Goods […]
What’s on Tap Weekly Calendar Monday October 19th Economic Calendar: · 10:00 AM EST NAHB Housing Market Index for October Earnings Calendar: · Earnings Before the Open: GNTY, HAL, HNI, LII, ONB, SFNC · Earnings After the Close: ADC, BXS, CCK, CDNS, FNB, IBM, PFBC, PPG, STLD, TBK, WASH, ZION Other Key Events: · Fed’s Bostic speaks on economic diversity · Fed’s Harker discusses Covid recovery Tuesday October 20th Economic Calendar: · 7:45 AM EST ICSC Weekly Retail Sales […]
I was invited to participate in the Friendsgiving Traderthon 2020 online conference Monday.
Here's my educational talk:
How To Swim With The Current Using Option Flow
#OptionsTrading #UnusualOptionActivity #EV $TSLA
https://t.co/kbFpqH5NkF
IF you tuned in you got our respective price targets in gold, silver and miners - as Jonathan + I have been showing our bearish thesis each week (using very different methods I might add). If you didn't catch it, apologies, as I forgot to record it 😩
https://t.co/pRBCI2VAe7
TODAY at Market Close:
In continuation of Samantha’s “Swimming with the current” theme using option flow, Jonathan and Samantha will discuss:
What’s Hot Now in Single Stock Option Flow and US Dollar Makes The Weather
@voliswell @vigtecofficial
https://t.co/qDTKgpV039
Rich! And not bloody likely unless we're talking real valuation/market cap versus fantasy valuation/market cap.😉
I know the (option) tail is wagging the (equity) dog in general, but I'm betting this was fat fingered $IDEX
Market Cap: $621.7M
Dec18 $3C: 8M contracts at 335 IV 🧐
So according to @unusual_whales today, more calls were purchased or at least attempted to purchase on $IDEX than the entire market cap of $IDEX.
