This next segment is brought to you by CBO,
the world's leading Derivatives and Securities Exchange Network. Our
reporter Angie Miles is standing by in Chicago with Scott
Bauer CEO at the Prosper Trading Academy. Take away
Angie. Absolutely. We'll talk to Scott in just
a minute. I just want to give you a
little context of what's going on here. We just
had the opening bell and it's been kind of a
muted opening so far. We'll talk about that.
There they go. They woke up. All right
. This is what we want. So we do
have apple earnings coming up after the close. That's
a big name to watch with those earnings coming up
, not seeing some big aggressive volume in the paper
so far. But that could happen today. The
strad I talked about this last week is when you
buy the call at the same time indicating that we
could see a move around 4.2% up or down in
apple that is smaller than the 5% I talked about
last week. But I want you to know something
there seems to activity in apple and the paper suggesting
we won't see apple likely drop below$150. It's
trading right around 167. Moderna, another hot stock
to watch tends to be a player in the options
market. Yesterday, we saw slightly more puts playing
in that stock and we saw some aggressive volume in
that one. Not only that, they're thinking that
Moderna could move up or down around 7%. So
we're seeing that on this one, there's some put
hedging going on. Traders are a little anxious one
final earnings. Let's talk about data dog. It's
a security platform company that's in the cloud applications of
papers, even one call trading for everyone. So
traders are not sure, but we saw a lot
of volume on data dog ford times. The normal
average options paper is flowing on this one, that
stock could see a big move of 11%. Now
, I want, I want to bring in a
professional trader. We have Scott the Ceo of Prosper
Trading Academy. I want to talk to you about
Apple because these small moves that are being projected by
the options market. I'm not so sure if Apple
comes out with blow out numbers or that big cash
on hand, investors might want to get into that
stock, no doubt, Angie. And like you
said, that expected move is about 4 to 4.5%
a little lighter than normal. What I'm looking at
though on Apple, on a longer trend is we've
seen lower highs and lower lows. So Apple has
gotten up to that point that 167 168 area where
that could be a top. If we don't see
good guidance coming out of them, I would look
for a move lower. But as you said,
you know, the option activity is suggesting nothing lower
than possibly 150 or so. 50 day moving average
is 158. That's a number I'd look for.
Ok. Then I also talk about Moderna, what
would be a trade for you there because Moderna might
be a player here. Yeah, Moderna has bounced
a little bit. They actually had some news out
, had some earnings out this morning and revenues and
profits were much, much lower than last year.
But above expectation here, I like Moderna around the
1 30 area where that's where it was. That's
some decent support. I would look to buy some
1 40 or 1 45 calls going out a couple
of months. Oh, you're bullish on that.
Wow. Ok. He's thinking that maybe that stock
will trade above 145 dated dog. This was such
a hot player like a year ago, two years
old. This one was in play during COVID and
lockdowns. Absolutely. Stock is up a little bit
. It's at some major resistance now, around the
70 or 71 area, cloud is hot, but
I would be a little suspect here. So after
earnings as we see, option implied, volatility really
get crushed and option premium is cheap. I'm a
put buyer here. Oh, you're doing a hedge
play that definitely. Ok. And I think everybody
is concerned about data dog because of Amazon's earnings report
and what they had to say about cloud business.
So thanks so much for helping me out today.
Good to get your trade back to you in the
studio. Have a great day, everybody. All
right, Angie Miles, our reporter over at CBO
with Scott Bauer CEO at Prosper Trading Academy to learn
more about options trading this CBO dot com.