XLF Short Entry: 13:10:19 (UTC) Fri Jul 10, 2020
XLU Long Entry: 13:13:50 (UTC) Fri Jun 12, 2020
XLU Long Entries into Stagflatinary Transition
Looking to cover shorts from 4/27 at 55.03 from entry at 59.9 today. 12:41:48 (UTC) Mon May 4, 2020
EARNINGS: IBM (63/54) announces Monday after market close. SNAP (92/102) announces Tuesday after market close. NFLX (66/70) announces Tuesday after market close. EXCHANGE-TRADED FUNDS ORDERED BY IMPLIED VOLATILITY RANK/PERCENTILE SCREENED FOR RANK >50/IMPLIED >35%: XLU (77/47) GDXJ (77/84) GDX (67/65) SLV (66/45) TQQQ (63/111) USO (62/112) XLE (59/70) EWW...
... for a 2.75 credit. Notes: Another underlying that has been on my IRA shopping list for a bit. The yield is 2.84% here, but would be better with an acquisition at 52, since the annualized dividend is 1.91 (1.91/52 = 3.67%). Only doing two rungs due to liquidity degrading somewhat as you go out in time.
EARNINGS: And ... we're back into earnings season, which ordinarily kicks off with a bunch of financials. Generally, I don't play these for volatility contraction, since they don't get all that frisky generally, but this environment is a tad different from quarters past, with the 30-day in WFC (45/76), C (44/91), JPM (41/63), and BAC (40/70) all greater than 50%...
XLU (NEUTRAL) Daily - sell/buy Range - Thu Apr 9, 2020 12:27:22 (UTC) Thu Apr 9, 2020
Vanguard (Real Estate) - Risk-Range for Wed Apr 8, 2020 13:51:47 (UTC) Wed Apr 8, 2020
Previous Close: 55.79 Upper Bound: 58.60 Blower Bound: 40.94 12:54:34 (UTC) Tue Apr 7, 2020
XLU (bearish) bias. 23:17:29 (UTC) Mon Apr 6, 2020
EXCHANGE-TRADED FUNDS ORDERED BY IMPLIED VOLATILITY RANK: USO 67/167 EWW 57/73 XLE 57/87 XLU 57/53 GLD 51/32 EWZ 50/85 XOP 49/105 SMH 47/58 GDXJ 44/86 XLF 41/53 FXI 32/39 GDX 31/66 TLT 30/25 BROAD MARKET EXCHANGE-TRADED FUNDS ORDERED BY IMPLIED VOLATILITY RANK: IWM 59/60 EEM 46/49 SPY 47/58 QQQ 46/44 EFA 39/45 FUTURES ORDERED BY IMPLIED VOLATILITY RANK: /NG...
EARNINGS: CCL (67/284) (What?! 284% 30-day) announces earnings this coming week. Unless you've been under a rock the past several weeks, you'll know how hard it's been hammered with COVID-19 and can easily anticipate further hammering, both with earnings, forward guidance, and the potential reduction of its 2.00 annual dividend (12.86% yield as of Friday close)....
OPTIONS LIQUID EARNINGS ANNOUNCEMENTS: MU (77/112) NKE (74/103) EXCHANGE-TRADED FUNDS ORDERED BY IMPLIED VOLATILITY RANK: EWZ (91/132) USO (89/210) XLU (84/76) GDXJ (82/141) XLE (77/109) EWW (76/105) SMH (73/105) TLT (71/47) XOP (63/154) SLV (73/79) GLD (63/37) FXI (61/63) GDX (57/106) BROAD MARKET ORDERED BY IMPLIED VOLATILITY RANK: IWM (76/71) EEM...
Going long utilities through the XLU and SO. *Not trading advice - Your trade, your responsibility.*
When utilities correct. 2.77% dividend yield and look at the sell volume.