In this episode, the ChartMaster performs a technical analysis of SBUX (Starbucks) and we construct a bullish/neutral example options trade based on Tuesday’s earnings. Then, we clarify language surrounding vertical spreads and consider debits & credits, directional bias, and risk/reward parameters! Finally, we “wrap up” a slightly bearish day on Wall Street with XOM, ABNB, DD, /CL, TNX, /BTC down, and BA, GE, HD, /GC, VIX up.
01 Aug 2022