bloomberg TV

PCLN Earnings Iron Condor

Yesterday, on Bloomberg TV I discussed an iron condor trade on PCLN into earnings.  Very rarely to I like playing earnings moves.  It can be a mess (see my AMZN trade).  But, I thought the IV was cheap and that sometimes IV is cheap for a reason, and that the market was expecting PCLN to move like EXPE which did almost nothing.  Watch the Video here:

 

Options Education: JBL Long Calendar as Seen on Bloomberg TV

Today, on Bloomberg TV's 3 vs Trish our COO and lead option educator Mark Sebastian discussed an earnings play on Jabil Circut.  The trade market discussed was a long calendar spread for .30:

 

Don't Bet Against the Straddle

At 3:35 EDT time today I did a hit for Bloomberg TV's 3 vs Trish segment (Adam Johnson was filling in).  In it, I explained how I thought NFLX was no longer the most hated stock in the world, and it also wasn't 300.00 any more.  My conclusion, the IV was overpriced, and a selling plan made sense.  It was on this hypothosis that I decided that it made sense to be long NFLX via the 95/90 PS.

Clearly, I was wrong, take a look at the closing price and the current after hourse price:

NFLX1.jpg

Syndicate content