WAG

What is up with WAG?

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Step into the Wednesday time machine and not much happened between then and today.  Traders have been so lulled into a stupor with the lack of movement that they bid volatility up to 15% yesterday when it looked like there was another crisis brewing.  As of today no crisis, as holders of GOOG and other earnings reporters rejoice in the upside surprises.

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Have you missed the run in Walgreens?

The announcement by Super Mario to “do what is necessary” is a welcome relief for the markets.  For the most part, the volatility markets, which I watch closely, have been balanced on a knife edge of moving sharply up or down.  Today the move is distinctly down.  One name I follow has pretty much ignored all of the activity recently, Walgreens (WAG).

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A Sneaky Way to Buy Options

I am going to take a rest from the volatility products today (did you see the rally and vol crush on the close?) and go back to some vanilla equities.  For the most part, the easier trades in those names are done, as they give a little bounce today.  The implied volatilities after the earnings cycle really get smashed.  The volatility in those names just gets hammered.  While there is no real surprise, in that I have found that the post earnings play seems to do better than the pre earnings play, because so much information is already known.   So let’s take a look at a name like Walgreens (

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A Sneaky Way to Buy Options

I am going to take a rest from the volatility products today (did you see the rally and vol crush ont he close?) and go back to some vanilla equities.  For the most part the easier trades in those names are done as they give a little bounce today.  Not so really for the implied volatilities after the earnings cycle.  The volatility in those names just gets hammered.  While there is no real surprise in that I have found that the post earnings play seems to do better than the pre earnings play because so much information is already known.   So let’s take a look at a name like Walgreens (WAG).

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