Earnings Trade
Tag Archives: trade idea
A Trade Heading Into Next Week
A Retail Trade
Boring Breakouts
After nearly 1.5 months of dull summer market action, we now enter September bored and expecting more of the same. At least that is what the option market is expecting. One thing we know about this market, it has a habit of doing exactly the opposite of what the majority is expecting. More boring trading action in September you say?...... I beg to differ.
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Watch Netflix $NFLX
Netflix, like much of the market, has been trading in a narrow, confined range most of this month. Volatility for the stock is the lowest it's been in years. As we head into the end of the Month and start of September I am looking to trade $NFLX for a sharp break out of the recent mundane action.
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