Trade idea
Trade idea buying lower
The speaker is long Bitcoin, Ethereum, and Solana, and is a buyer if they go lower.
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Strategybuying lower
Assetcrypto
Entry / triggerif prices go lower
Target / exitBitcoin under 60,000, Solana under 70
SpeakerTom
Trade idea
HOOD strangle
The speaker is long HOOD going into the earning cycle and has executed a strangle strategy.
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Strategystrangle
Assetstock
Time horizonearning cycle
Entry / triggerbefore earnings
SpeakerSpeaker
Risks- Market volatility
- Earnings surprises
Trade idea
Trade idea
The speaker is considering selling puts if SoFi is cheap, but is uncertain about upside calls if it's expensive.
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Entry / triggerIf SoFi is cheap, sell puts; if expensive, unsure about upside calls
SpeakerNostradamus
Trade idea
Trade idea
The speaker is short the 106 put on Ford size ZB, the 30-year bond, selling the September 106 put for 28 ticks. The trade is expected to profit 90% outside the expected move.
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Trade idea
ORCL puts
short puts can be profitable if the stock rises
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Strategyputs
Assetequity
ExpirationSeptember
Time horizonshort-term
Entry / triggerOracle's stock price is lower than the strike price
Target / exitprofit from the stock rising
Invalidation / stopif the stock falls below the strike price
Speakerunknown
Risks- if the stock falls below the strike price
Trade idea
PYPL naked puts
The speaker sold naked puts on PYPL following its earnings report.
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Strategynaked puts
Assetstock
Entry / triggerearnings report
SpeakerTom Sosnoff
Trade idea
Trade idea Oracle bear spread
The speaker opened their first options trade, an Oracle bear spread with strikes 125 and 120, and mentioned making a mistake with the expiry date.
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StrategyOracle bear spread
Assetoptions
ExpirationAugust 21st
Entry / triggeropened first option
SpeakerAnton
Trade idea
Trade idea rolling down calls
rolling down calls in the same underlying
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Strategyrolling down calls
Entry / triggerthe afternoon
Q&A
What's the score?
It's not four to six, it's six to four. You just say who's winning.
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Actionable takeawayThe speaker emphasizes clarity in communication, suggesting that ambiguity in reporting scores can lead to confusion.
Q&A
Considering shorting Micron if it rallies. And what are the lessons learned?
The lessons learned are that the speaker did not trade it too big, and it just had such an incredible move.
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Actionable takeawayThe speaker did not trade Micron too big and kept the position, which went much further than expected.
Q&A
What is the concern regarding insider trading?
The speaker is concerned about the lack of control over people with inside information, but the other person dismisses it as not a concern for them.
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Actionable takeawayThe speaker expresses concern about insider trading and the lack of control over individuals with inside information, but the other person does not share this concern.
Q&A
What's actually happening in a stocks option markets in the 24 hours before earnings? Who's doing what and why does implied volatility behave the way it does?
In the 24 hours before earnings, there is uncertainty leading to people buying cheaper options to protect their positions, which holds volatility up. It's rare for volatility to implode before earnings. Market makers and risk teams manage their positions, and there's a tug-of-war between those selling premium and those buying premium. The outcome depends on market forces and no one knows if volatility will expand or contract.
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Actionable takeawayVolatility tends to stay elevated before earnings due to uncertainty and positioning by market participants, with no clear prediction on whether it will expand or contract.
Q&A
What is the honest take on the concept of a stock you'd be happy to own as a justification for selling puts?
The speaker states that selling puts is not about being happy to own the stock but about taking on risk. They mention that they would be happy to own the stock at a certain price, but it's not a justification for selling puts.
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Actionable takeawaySelling puts is a risk-taking strategy, and being happy to own the stock is not a justification for the trade.
Q&A
How much do option trades drive a stock price? Is the stock price mostly driven by buying and selling of shares or other forces at work?
Option trades have a minor impact on stock prices, primarily through market makers hedging positions. The primary drivers of stock prices are momentum and retail investor behavior, with significant pressure on large-cap stocks like Apple and Microsoft.
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Actionable takeawayOption trades have a limited direct impact on stock prices, with momentum and retail investor behavior being the primary drivers.
Q&A
Will Apple beat revenue estimates in its earnings report this week?
The speaker believes there's an 80% chance Apple will beat estimates, but the stock's direction is 50/50.
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Actionable takeawayApple has a high probability of beating revenue estimates, but the stock's direction is uncertain.
Q&A
What is the speaker's opinion on the market movement?
The speaker believes the market is moving, and it's a little ugly out there today. He also mentions that gold has been weak and silver has been down.
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Actionable takeawayThe speaker is indicating that the market is volatile and certain assets like gold and silver are underperforming.
Q&A
Who would listen to a guy that sells puts naked?
The speaker suggests that someone who sells puts naked without any other strategy would likely be buying their own island due to the risks involved.
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Actionable takeawaySelling naked puts without a strategy is risky and can lead to significant losses.
Q&A
When you say taking out to the woodshed, just so I understand this better, cuz I don't have a woodshed, you probably have a woodshed.
The speaker explains that 'taking out to the woodshed' means chopping up or discarding something, like stocks, and storing them for the winter. It's a metaphor for dealing with overbought stocks by selling them.
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Actionable takeawayThe phrase 'taking out to the woodshed' is a metaphor for discarding overbought stocks by selling them, indicating a strategy to manage overbought conditions in the market.
Q&A
Who does PayPal?
PayPal does have earnings.
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Actionable takeawayPayPal has earnings reports that can impact its stock price.
Q&A
Are AI models becoming dramatically cheaper to deploy?
The answer is yes.
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Actionable takeawayAI models are becoming cheaper to deploy.
Q&A
Who was going to pay for the internet?
The speaker questions who will pay for the internet, suggesting that the cost might be passed on to consumers, and compares it to the past when the internet's purpose was initially seen as primarily for porn.
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Actionable takeawayThe speaker raises a question about who will bear the cost of internet infrastructure, highlighting potential consumer impact.
Q&A
When are you guys coming to Europe?
The speaker mentioned that they have done shows in Europe, including London, Milan, Edinburgh, Birmingham, Manchester, and Dublin, and plan to return to Europe later this year and next year. They also mentioned a goal to visit Singapore, Australia, and India.
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Actionable takeawayThe speaker is planning to return to Europe for more shows later this year and next year.
Q&A
Why did the speaker not roll down calls earlier?
The speaker regrets not rolling down calls earlier, as it would have saved them a significant amount of money.
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Actionable takeawayThe speaker suggests that rolling down calls could have been a more profitable strategy.
Q&A
Can I watch it with just the sound on and not have to have the picture?
You have to have clothes on because if you don't have clothes on it'll be disturbing for you to watch it without clothes on.
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Actionable takeawayThe speaker mentions a video on volatility and advises viewers to have clothes on while watching it.
Q&A
What are the advantages and disadvantages of trading after hours?
The speaker discusses the advantages of trading after hours, such as instant news reaction and the ability to trade on earnings. However, they also note that trading on news is not always effective and that price changes often drive trading decisions rather than news events.
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Actionable takeawayTrading after hours can provide opportunities to react to news or price changes, but it's important to focus on price movements rather than news events.
Q&A
Have you ever tried to trade from Singapore, Australia, India? It's hard.
The speaker acknowledges that trading from these regions is challenging due to time zone differences and the difficulty of accessing real-time market data.
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Actionable takeawayTrading from non-US time zones can be challenging due to limited access to real-time market data and the difficulty of coordinating with market participants in different regions.
Q&A
Can you trade options?
The speaker acknowledges that trading options is possible but notes that it's harder to open trades when there are wide markets.
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Actionable takeawayTrading options is possible, but it's more challenging in markets with wide bid-ask spreads.
Q&A
Can't get anything moving here as the E-mini S&P's are now down two. Nasdaq's down 370 370.
The speaker mentions that the E-mini S&P and Nasdaq are down, indicating a bearish trend in the markets.
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Actionable takeawayThe speaker is observing a decline in key indices, suggesting a potential bearish market condition.