by Tim Biggam | Aug 1, 2019 | Biggam Options Volatility Edge
Shares of Tesla (TSLA) are rallying sharply following earnings that missed badly. Tesla is struggling to break past the 20 day moving average. More importantly, implied volatility is now at only the 1% percentile, meaning options are dirt cheap and complacency high....
by Tim Biggam | Jul 1, 2019 | Biggam Options Volatility Edge
Mc Donald’s is definitely losing momentum at all time highs. RSI and MACD both languishing. Stock trading at a big premium to the 50 day moving average which has led to pullbacks to the average in the past. Valuations getting stretched. P/E briefly...
by Tim Biggam | Jul 1, 2019 | Biggam Options Volatility Edge, Uncategorized
McDonald’s (MCD) made a new all time high today but has reversed course to now trade lower. P/E ratio was also above 28 which has signalled a top in the past. Let’s take a guardedly bearish stance with a put calendar spread. IV percentile only at the 11th...