Amazon enters earnings with investors asking whether accelerating AWS demand can justify aggressive AI infrastructure spending.
Market Analysis
Options Action Live: Call Selling Can Cap Mega-Cap Upside
Positive gamma resistance from mega-cap call selling can cap upside into earnings. See how dealer hedging and implied moves shaped Microsoft and Oracle.
A Tech-Led Rally the Volatility Surface Has Not Confirmed
A VIX skew slide, an unchanged volatility surface and negative forward gamma explain why this tech-led rally looks transient to options traders.
GOOGL & MSFT Earnings Preview: Two AI Hyperscalers, One Big Test for the Options Market
Wednesday evening brings one of the most consequential earnings events of the quarter as Alphabet and Microsoft report results within an hour of each other.
FOMC Preview: A Fed Pause Meets a Fragile Options Market
The Fed is widely expected to stand pat this Wednesday, but the options market is pricing anything but a quiet week.
APLD: $6.7 Million in Insider Buying Meets a Key Gamma Inflection
Two senior executives make substantial purchases amid an AI infrastructure selloff, while options positioning points to an intriguing potential recovery setup.
Dip Buyers Step into the AI Unwind
Will the Selloff Continue? The market began to waver at the end of last week, with the S&P 500 down nearly 2% and Nasdaq dropping 3% from mid-week highs. We noted a spike in MAGS put buying and a rising put/call ratio in our previous Sunday Newsletter as big tech earnings approached. Then, our October […]
Rising Correlation Is Thinning Out The Rotation Trade
Rising correlation, firmer fixed-strike vol and steeper 3-month put skew suggest the rotation trade is weakening. See where hedges still look cheap.
Tech Selloff Looks Like Rotation: Brent Kochuba on Schwab Network
Tech options positioning shows light put demand and short-vol bets into Meta and SPCX earnings, a mix that reads as rotation rather than de-risking.
META Earnings Preview: Will Volatility Outrun the Options Market?
Meta Platforms (META) reports Wednesday with investors weighing AI monetization against an increasingly expensive infrastructure buildout. For options traders, the question is different: Is the market charging enough premium for another outsized earnings gap?