Nvidia Earnings, Market Measures and Option Jive: Catch Up On What You Missed
By:Ryan Gaynor
Tom Sosnoff and Tony Battista discuss various trades and market movements on this week’s Market Measures. They highlight successful earnings trades and rolling trades with stocks like MU and AMD showing significant volatility drops. Strategies they discuss include short premiums and post-earnings adjustments. They analyze the "Magnificent Seven" (Nvidia, Tesla, Meta, Amazon, Google, Apple and Microsoft) in terms of implied vs. historical volatility. Recommendations include staying extra small in high IV underlyings because of increased risk and potential for larger, choppier profit-and-loss (P&L) swings.
The Tastylive team, led by Victor Jones, discusses recent market movements in semiconductor stocks like Nvidia (NVDA) and AMD (AMD), highlighting how volatility expanded then collapsed, presenting trading opportunities. They explore the affects that industrial humanoid robots and AI will have on job markets, debating whether these technologies will complement or replace humans. Tom Sosnoff dismisses fears of job losses, emphasizing technological advancements create more, higher-skilled jobs. The conversation also touches on the future of labor unions in a globalized economy, suggesting new methods of organization and leverage, like using smartphones.
On this week’s Options Jive, hosts Tom Sosnoff and Tony Battista discussed the merits of trading exchange-traded funds (ETFs) over individual stocks. They noted that in early August, equities exhibited lower volatility than indices, contrary to common belief. They explored sector ETFs like XLE and XLU, highlighting their diversification benefits and higher implied volatility attractive to premium sellers. Additionally, they emphasized that asset correlations fluctuate based on market conditions and are lower in bull markets and higher in bear markets.
Ryan Gaynor is a video content specialist at tastylive.
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