Originally Posted January 24th, 2017
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