A pre-earnings long or a post-earnings short spread may make sense here.
We are probably tuning up for a run right back to 2800 in the S&P 500 over the rest of the week.
ARCE has been trading between $20.50 and $24.50 since its IPO.
Among tech names, I personally like Microsoft. Here's a MSFT options idea.
Let's approach this trade from a calendar spread thesis.
I like buying longer-term options in Facebook in lieu of actually buying the stock.
When analysts are becoming more bearish on price, yet price pushes higher, the market is telling analysts they are wrong.
The piece that is most likely to move off the G-20 is not a stock at all but the VIX.
While Fox may stay away for a while, look for the shares to bounce from these levels.
Let's close out Tuesday's SPY trade that doubled overnight and put on another.