META - Danielle Shay Tackles Options Trading Tactics Tech Outlook And Market Trends

2024-05-04 06:00:00 ET

Summary

• Danielle Shay, VP of Options at Simpler Trading, describes how and why the markets lost momentum in April, noting bearish commentary from JPM’s Dimon and the failure of some red-hot tech names to meet lofty earnings expectations.
• But she thinks Nasdaq can still notch longer-term gains if semis hold support and will be eyeing names like NVDA as key tells. Meanwhile, she remains bullish on energy and covers the outlook for gold.
• Finally, she discusses options trading tactics and signals like 'The Squeeze,' spreads, and butterflies – and how you can use them to trade earnings news and other important events.

By Mike Larson, Editor-in-Chief, MoneyShow

Transcript

Larson - Hello and welcome to our latest MoneyShow MoneyMasters Podcast segment. I'm Mike Larson, Editor-in-Chief at Money Show. And today I'm pleased to welcome Danielle Shay. Danielle is Vice President of Options at Simpler Trading. Danielle, welcome to the podcast.

Shay - Thank you for having me.

Larson - I'm glad we could do this. You know, it's been a number of months since I had you on and a little bit has changed since last August when we recorded that last segment. So, when I look at what's going on in this market, I know you like to focus on earnings-related trades and options. So, I'm kind of curious as we get further into this Q1 reporting season, what are you seeing out there? What's positive? What's negative? And what does that say about these markets?...

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