The binary event is upon us: –volatility is BID –vol skew has shifted –all smoke and mirrors or is a real move coming? –pullback may feel huge but come on… we are back to levels from a few weeks ago… Gravity Points are back! –unfinished business at 3211 –we head under 3211 we get UGLY and in a hurry –assume a rippin rally is coming? 3 sigma moves continue to haunt premium sellers in 2020 –recall, we have been BUYING premium Risk and Positioning– –know your risk! –selling premium against existing short delta SPX Expected Move –last week– 78.40 (expected move) –actual move– 207.17 –next week– 158.40

We’re still in earnings season and this may be the biggest day yet. Apple (AAPL), Amazon (AMZN), Google (GOOGL), Facebook (FB) and more reported earnings after the bell today and Corey walks you through a flash update before tomorrow’s trading day. What levels are in play for earnings butterfly trades and possible intraday reversal trades Friday? Find out quickly in tonight’s important earnings update.

A major breach of the expected move today across all the major markets with still 2 more days to go on the week. An over 2 standard deviation move with the biggest market caps still need to report earnings this week like AAPL, GOOGL, and AMZN. This was a great day to sit back and enjoy all the positions we have built recently come to fruition. Don’t make this crucial update…

We’re still deep in earnings season and key stocks are reporting earnings and triggering trading opportunities. In tonight’s video, Corey updates the latest earnings developments along with some “range fade trade” plays of stock opportunities off range support levels.

A big move down tagging the lower expected move for the week on a Monday. We took this opportunity roll bearish duration positions. As risk comes back to the market here’s what to expect and where the opportunities are…

What are Bonds and Dollar saying? Decision time… hedge, hold or fold?–VVIX–SPX Open Interest– any wild outside bets?–SKEW SPX Expected Move–last week– 80.94 (expected move)–next week– 78.40

If you feel stuck in a time loop this week, you’re not alone. We’ve had three days in a row of tight price range behavior in the indexes as we await official word on a stimulus deal, or not. With all the headline risk, the market is incredibly stable. Beyond that, some key stocks including Intel (INTC) surprised with earnings after the bell today and more are yet to come next week. Corey updates you about it all in tonight’s video…

Market see choppy day as stimulus talks continue to whipsaw price action. Let’s look at what’s expected for the rest of the week. Things can still get very wild. Here’s why…

We had big intraday moves up and down on the “stimulus on! stimulus off” headline news as they developed the day and yet price ended the day right where it started.  We’ll continue focusing on this for the rest of the week as we update positions and opportunities in stocks releasing earnings.  In tonight’s video, Corey highlights these events as well as a bullish surprise for SNAP and a bearish surprise for NFLX.

Bears win the day as selling hits the market across the board. The SPX dropped to near it’s expected move for the week. Here’s how I did on the day…