Should be able to trade again this week. What am I looking at? Chipotle $CMG: Stock has been hammered in the wake of new health scares, falling from an ATH of 499 in May to 52wk low of 336.52 just a week ago. Has had a good reaction to earnings (read: didn't drop more) and IV is still higher than normal. Might attempt to sell puts. Baidu $BIDU: Huge beat on earnings sent this stock above key highs from 2015. Is this stock on its way back to All time highs in the 250s? A long
More earnings trades today! As of writing, $FB has reported and the IV will be absolutely sucked out dry tomorrow morning - the stock has barely moved. Yesterday's $AMD trade profited nicely as the stock stayed well within the expected range and faded over the course of today's session. $BUD and $ADP report tomorrow morning before the open. Stay tuned for this week's earnings trades recap on Saturday
More earnings trades today - busy week for that! Always remember to follow me on StockTwits for real-time updates, as these videos come out a bit later due to the standard editing and uploading process. Although today, these videos are out way before the closing bell. Stay tuned for a results analysis of this week's earnings trades on Saturday in lieu of a traditional portfolio analysis.
Today we have some big earnings on deck after the bell and tomorrow before the bell. NFLX (Netflix) and HOG (Harley-Davidson) are reporting and both stocks have high IV. Remember to follow me on StockTwits for real-time updates, as these posts and YT videos come out a bit later, due to having to upload the video, etc. In the future, trade updates will be posted earlier so that these posts and YT videos can come out before the closing bell - today I was out running errands and
Normally Saturday uploads will be an update on my current portfolio of trades and an analysis of their status. Right now, I have no current positions because I'm in the process of switching brokers, which is a real pain as you have to learn how to use an entirely different platform. Important for me in a new broker are cheap commissions and to be able to easily monitor and adjust current positions. Everything else can be taken care of by the research and analysis platform tha
Online retail brokers change features all the time - some of them are welcomed by the majority of clients, but most of the time they annoy us. What's more rare is when a broker is acquired by another, yet this has happened to me TWICE. I first started using the brokerage tradeMONSTER in 2012. I found it the most user-friendly of any online brokerage and with some of the lowest fees and commissions around. They were acquired by OptionsHouse in 2014 I believe, and nothing chang