Here are the parameters to watch for a possible buy entry in WYNN!
FDX is set to report earnings after the close on Tuesday, and with a $10 expected move and some decent premium in the weekly options, I think we’ve got a good place to set up a delta neutral strategy.
While entries are important and a good entry makes for an easier trade, the expectation for follow-through is one that has derailed many a day-trader. Here’s how I set mine, and an example from today’s S&P.
In tonight’s free video we spend some time looking at a few new stocks picks, some levels to be aware of as we get into April expiration, and some of my favorite IV moves into earnings.