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Daily Option Trading Commentary

Market Bid Will Remain Strong This Week - Here’s Why

July 26
Posted 9:30 AM ET - Last Friday the market surged to a new all-time high ahead of major tech earnings releases this week. The expectations are sky high and the market bid should remain strong through the week. It is important to note that the biggest 5 tech giants account for more than 20% of the S&P 500 and that they account for the majority of the gains in the index this year. TSLA will report after the close today. EPS are expected to more than double to $.90 and sales are expected to rise 89%. GOOG, MSFT and AAPL…

 

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