Option Block 518: Earnings Preview: AAPL, AMZN, FB and More
Apr 26, 2016•1 hr 1 min
Episode description
Trading Block: Stocks drop ahead of earnings onslaught. Traders may just be forced to unwind all those VIX bets.
- Earnings today before the bell: Xerox, Haliburton
- Earnings today after the bell: The Container Store
- AAPL - ATM straddle: $4.90, approx. 4.6%
- FB - ATM straddle: $8, approx. 7.2%
- AMZN - ATM straddle: $49.50, approx. 7.9%
Odd Block: Calls trade in Health Care SPDR (XLV), calls trade in BankRate Inc. (RATE), and calls trade in Dollar Tree Inc (DTLR)
Strategy Block: Uncle Mike Tosaw discusses dollar cost averaging.
Around the Block: Earnings!
- Tuesday - Apple, Fiat Chrysler, 3M Company, Ally Financial, Buffalo Wild Wings, Canon, Chipolte Mexican Grill, ebay, Eli Lilly & Co, Hershey Company, JetBlue, Office Depot, Panera, Procter & Gamble, Spirit Air, Whirlpool
- Wednesday - Facebook, Boeing, Hilton, Nasdaq, Six Flags, Speedway Motorsports,
- Thursday - Amazon (after bell), Ford Motor Company (before bell), CME (before bell), Coca-Cola (before bell)
- Also, the Fed breaks from its two-day policy meeting Wednesday at 2 p.m. ET and investors around the globe will be watching to see what the U.S. central bank says about the timing of its next interest rate.
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