Here comes the earning Tsunami

Discussion in 'Wall St. News' started by ajacobson, Feb 1, 2018.

  1. Early tally -
    Amazon looks like a beat
    Amgen mixed
    Alphabet misses - beats topline misses on EPS

    It's still early.
  2. GoPro misses
  3. Visa beats......

    Waiting for Apple. Still about 10 minutes away.

    Great quote on CNBC - "corrections are healthy until we get one".
  4. APPL - beats on EPS - sorta mixed otherwise and trading virtually unchanged. In 10 seconds I'll be off by $10.
  5. AMZN up $90 after hours. Don't we all wish we equity options after hours ?
  6. mskl


    Options after hours would be nice. Maybe just for an hour. One of the Exchanges will do it someday.
  7. SteveM


    I thought about it - the implied vol was off that charts though. Couldn't bring myself to pay $6500 for an OTM call option on a stock that has gone parabolic for months. Just felt too risky.
  8. There maybe other methods to "ease" into a long position with AMZN calls without paying so much and reduced theta loss. Have you explored ratio backspreads or a call calendar? Last quarter a mix of backspreads and closing the short calls during minor pullbacks worked well.