You Don't Have to Predict Which Way the Stock Will Go.
Earnings Flips is Don Kaufman's approach to using expected-move levels and strategically constructed option spreads to define the trade before the announcement—and avoid relying on a simple up-or-down prediction. → Discover Earnings Flips

Exuberance, Divergences, and Volatility! Everything You Want in a Market

NASDAQ gets downright sketchy
–EM ripped apart 2 consecutive weeks
–short duration bid-less moments
–divergences are massive! Hold me!

Market Caps- you want exuberance, you got it!
TSLA = GS+CAT+COST

Earnings Season – yes again!
–financials – Debt risk hit the fan?
–can any corporation provide forward guidance?

Who says you cannot BUY Iron Condors?
–Welcome to Gamma Irons
–IV ranks
–GLD
–TLT
–SPY

SPX Expected Move
–last week– 80.50 (expected move)
–next week– 76.29

Don Kaufman

Don Kaufman is options trader and educator. Former CBOE market maker, former Chief Derivatives Instructor at thinkorswim, and former Director of the Trader Group at TD Ameritrade. In 2015 he co-founded TheoTrade to teach traders how volatility, probability, and risk really work.

More about Don Kaufman

	Today
09.00	Don Kaufman \| Pre-Market Prep \| FREE SESSION 09.20 09.30 Don Kaufman \| Early volatility 09.20 10.30
09.30
10.00
10.30	Jeff Bierman \| Market structure 10.30 11.30
11.00	Jeff Bierman \| Market structure 10.30 11.30
11.30	Brandon Chapman \| Ghost Hour 11.30 12.30
12.00	Brandon Chapman \| Ghost Hour 11.30 12.30
12.30	Gianni Di Poce \| Macro overview 12.30 13.15 Elizabeth \| Price Action 13.15 14.00
13.00
13.30
14.00	Corey Rosenbloom \| Options tactics 14.00 15.00
14.30	Corey Rosenbloom \| Options tactics 14.00 15.00
15.00	Blake Young \| Market wrap 15.00 16.00
15.30	Blake Young \| Market wrap 15.00 16.00