Trade idea
Trade idea
The speaker is suggesting to trade Nvidia around its earnings report, indicating a potential directional move.
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Entry / triggerTrading Nvidia into Wednesday's earnings
SpeakerTom Sasnoff
Trade idea
Trade idea
The speaker discusses the importance of entering trades before confirmation, suggesting that waiting for confirmation is a common misconception and a poor strategy.
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SpeakerTony Batista
Risks- Waiting for confirmation may result in missing out on potential gains.
Trade idea
Trade idea Strangle
Roll to October if still bullish on AMD
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StrategyStrangle
Time horizon20 some odd days left to expiration
Entry / triggerPut on AMD strangle in February
SpeakerSpeaker
Risks- Assigned long stock
- Covered calls in the money
- Potential loss on strangle
Trade idea
Trade idea
The speaker bought NASDAQ futures at 400 and S&P 500 at 66 and 64, indicating a short cover or long trade.
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Entry / triggerNASDAQ futures down 400, S&P 500 down 26ish
SpeakerThe speaker
Trade idea
INTC long diagonal spread
The speaker likes Intel at 85 and suggests a long diagonal spread in Intel.
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Strategylong diagonal spread
Assetequity
Entry / triggerat 85
SpeakerUnknown
Trade idea
Trade idea covered call
entry level trades are accessible for beginners
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Strategycovered call
Assetoptions
Time horizonentry level
Entry / triggerselling puts in the notes because this is a trade I made on Friday
Target / exitmax profit of $600
Invalidation / stopwaiting for a little bit of softness, maybe 34, 35
Speakerunknown
Risks- waiting for softness
- market movement
Trade idea
IBIT strangle
stock will stay in a narrow range
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Strategystrangle
Assetstock
Time horizon52 days
Entry / triggerstock price movement
Target / exitpositive delta
Invalidation / stopstock movement
Speakerspeaker
Trade idea
Trade idea
Silver's down 46 cents and gold's up big. That trade is another nice one, but I'm not touching that yet. Target on its highs. Walmart's on its lows. This trade was from a viewer.
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Entry / triggerSilver down 46 cents, gold's up big. Target on its highs. Walmart's on its lows.
Target / exitTarget on its highs
SpeakerTJ
Trade idea
Trade idea
Aggressive trade with a target range of 375 to 400, with a focus on downside risk.
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Entry / triggerLet's call it 375 to 400.
Target / exit400
Invalidation / stopWorried about the downside than the upside here.
SpeakerUnknown
Trade idea
Trade idea
Bitcoin is a good rally and the speaker is a buyer if it gets back into the low 70s in Bitcoin.
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Entry / triggerBitcoin is a good rally and the speaker is a buyer if it gets back into the low 70s in Bitcoin.
SpeakerSpeaker
Trade idea
CRUDE_OIL short crude oil
crude oil is more of a seller rather a buyer
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Strategyshort crude oil
Assetcommodity
Entry / triggercurrent price at 85
Target / exitprice jumps back up to 86-88
SpeakerScott Sheridan
Q&A
Is this a sustainable breakout?
The speaker is questioning whether the recent Bitcoin price increase is a sustainable breakout.
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Actionable takeawayThe speaker is uncertain about the sustainability of Bitcoin's recent price increase.
Q&A
What is the most popular misconception about markets and trading?
The most popular misconception is waiting for confirmation of a move before entering a trade, which the speaker considers a poor strategy.
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Actionable takeawayAvoid waiting for confirmation before entering trades as it can lead to missed opportunities.
Q&A
Should I wait for these to expire?
If you're in the front month of September, you might look to go out to October.
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Actionable takeawayConsider rolling the position to a later expiration if still bullish.
Q&A
How do you know if the bid ask spread is acceptable or too wide?
The speaker suggests a rule of thumb: for a $300 stock, a spread wider than 30 cents is too wide; for a $200 stock, wider than 20 cents is too wide. They also mention checking volume and open interest, and suggest placing orders around mid-price with small adjustments.
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Actionable takeawayUse a rule of thumb to assess bid ask spread width based on stock price, and consider volume and open interest when evaluating spreads.
Q&A
Does the amount of national debt matter to traders?
The speaker states that national debt does not directly affect trading decisions and is not part of any equations traders use. They suggest focusing on controllable factors rather than worrying about uncontrollable ones like national debt.
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Actionable takeawayNational debt is not a direct factor in trading decisions and should not be a primary concern for traders.
Q&A
What do you think about intel here?
The speaker likes Intel at 85 and suggests a long diagonal spread in Intel.
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Actionable takeawayThe speaker suggests a long diagonal spread in Intel at 85.
Q&A
What do you think about a covered call strategy? And how often do you use one?
The speaker does not use it often. It's one that uses a lot of buying power relative to other strategies that you can use. When do I use it? On a lower price stock, uh basis is low, volatility is high on the options, that's when I that's when I use it. Basis is low and volatility is low on the options. It's a consideration.
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Actionable takeawaycovered call strategy is used on lower price stocks with low basis and high volatility
Q&A
What's IBIT doing today?
IBIT is up almost a dollar 90.
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Actionable takeawayIBIT's price movement is relevant for trade decisions.
Q&A
If you hit your targets for the year, do you ever put your money into ASCOV or something and just leave for the rest of the year or you keep on pushing every day?
The speaker has never left the market and keeps all strategies consistent. They do not reduce strategies but keep them consistent.
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Actionable takeawayMaintain consistent strategies and avoid reducing them unless necessary.
Q&A
From the trip, what is one of your takeaways?
You are very consistent.
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Actionable takeawayConsistency is a notable takeaway from the trip.
Q&A
What is the impact of the Treasury's bond buybacks on the market?
The Treasury's bond buybacks, which were doubled to $4 billion per operation, were discussed as a potential intervention to combat rising yields. However, the market response indicated that the intervention may not be effective in preventing a genuine repricing of bonds. The speaker suggests that the scale of the buybacks was too small to have a significant impact on the market.
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Actionable takeawayThe effectiveness of large-scale bond buybacks in influencing market yields is questionable, as the market may not respond to such interventions in a meaningful way.
Q&A
What is the current range for the 30-year bond?
The 30-year bond is in a range of 4.7 to 5.25.
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Actionable takeawayThe 30-year bond is currently trading within a range of 4.7 to 5.25.
Q&A
What do you guys expect to happen to commercial and residential real estate?
Commercial real estate faces headwinds due to reduced space demand and structural issues, while residential real estate is a sellers' market with limited supply. The speaker is not bullish on real estate currently.
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Actionable takeawayCommercial real estate is under pressure due to reduced demand and structural issues, while residential real estate is a sellers' market with limited supply.
Q&A
How wide is your strangle?
The speaker is unsure about the width of the strangle and suggests that the market is pricing in a move of around 5.5%.
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Actionable takeawayThe speaker is uncertain about the width of the strangle and suggests that the market is pricing in a move of around 5.5%.
Q&A
Can we get that one back?
The speaker mentions that they turned down an offer of 200 billion, and it seemed ridiculous at the time. They acknowledge that it was a missed opportunity.
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Actionable takeawayThe speaker reflects on a missed investment opportunity and acknowledges the potential value of the offer.
Q&A
What do you think about trading HPE? When was the last time you traded Hula Packard?
The speaker has not traded HPE (Hula Packard) in a long time and does not have an opinion on its range or performance. They compare it to Coca-Cola, stating it doesn't move much.
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Actionable takeawayThe speaker has no current position or opinion on HPE and does not recommend trading it.
Q&A
How big of an event is Nvidia versus the treasury market? Which one's bigger?
The Treasury market is bigger than Nvidia, but on a for traders, Nvidia's huge compared to treasuries.
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Actionable takeawayThe Treasury market is larger than Nvidia, but Nvidia is significant for traders.
Q&A
What is the potential impact of zero day options on the market?
Zero day options, which are short-term options, have become a significant part of the market, accounting for 60% of S&P index buying. The speaker suggests that the market calm observed might be due to the short expiration dates of these options, which prevent significant market movements. The speaker also notes that the options clearing corporation initially had concerns about market risk and margin requirements but later moved away from these concerns.
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Actionable takeawayZero day options are a significant part of the market, and their short-term nature may contribute to market calm. Retail traders prefer short-term trading, and the market seems to accommodate this demand.
Q&A
Is there any evidence that zero-day trading has increased market volatility?
There is no evidence that zero-day trading has increased market volatility. In fact, volatility has decreased, and zero-day trading has supplied more positive gamma to the market.
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Actionable takeawayZero-day trading does not appear to increase market volatility and may contribute positively to market dynamics.
Q&A
Will the Canadian US tariff war affect the USD Canadian currency pair?
It would if there was some trading in there. Unfortunately, USD Canadian dollar options don't trade at all. The currency pair trades a little bit, but hasn't really moved much.
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Actionable takeawayThe impact of the Canadian-US tariff war on the USD/Canadian currency pair is uncertain due to low trading volume and minimal movement.