Spotify (SPOT) reports earnings Wednesday April 27, premarket. It's possible if the market gets bad news tomorrow, it could break the all-time low, says Paul McCarthy, President of Kisco Capital. He says gross margins are in the mid-20% range which reflects the competitive environment. He doesn't think Spotify is very attractive. Tom White shows a neutral April iron condor trade on SPOT. Next Tom describes his bearish put calendar trade on SPOT. Tune in for the full discussion.
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