Microsoft Corp. (MSFT) announced earnings yesterday. The company beat earnings estimates. However, the stock is down in pre-open trading because the Azure Cloud Services division missed the growth estimate of 30% by 1%. In pre-open trading the stock has dropped near...
Zero-Days-to-Expiration (0DTE) options have changed the landscape for hedging event risk. For example, you may want to have a volatility hedge during the FOMC meeting announcement and the Fed Chair’s press conference tomorrow. It used to be that you would buy options...
Alibaba Group Holdings Limited (BABA) is trending in the news this morning after the company announced an increase in fees on some of its services. If you’ve been reading our ODDS Online Trending Stock Report for a while, you might be excited to see BABA as our...
Chevron Corp. (CVX) showed up on our list of compressed stocks this morning. As we did our normal deep dive into the data, we noticed a few things that are interesting for options traders. First thing we noticed was that options for September 6th in the Volatility...
VIX gets all the attention, but that’s not where the action is. VIX may not be the fear gauge it once was. That’s because of Zero-Days-To-Expiration (0DTE) options. No longer do you have to buy August options to hedge against a shorter-term event. As a result, a lot...
General Motors Company (GM) is obviously trending in the news after the company announced earnings yesterday. While the company beat estimates, the stock is down after halting its Cruise autonomous driving division and disappointing performance from its China...
Devon Energy Corp. (DVN) appeared on our list of compressed stocks this morning. DVN is a natural gas energy company that has a long history of making big moves after a compression signal. From an options trader’s perspective, the volatility expectations for the...
Investors are watching earnings as Alphabet (GOOG) and Tesla (TSLA) are scheduled to announce their earnings this week. Adobe, Inc. (ADBE) is scheduled to announce earnings later in September and its stock price is trending flat now. Plus, investors are currently...
There are two things topping news headlines and social media this morning. The first is related to a massive IT outage and the second is Netflix, Inc. (NFLX) earnings. We’ve had a lot of success recently with high-probability trades and NFLX looks to be the more...
This newsletter looks an awful lot like yesterday’s issue. That’s because the trade idea yesterday was so great, we’re going to reload. The Russell 2000 Index (RUT) futures are down around 3.50 in preopen trading as of this writing, so we are making some adjustments...