A Quick Way To Compare Products From Different Asset Classes
The tasty Volatility Score compares the implied volatility of various ETFs to SPY, categorizing them based on their volatility levels. This tool helps investors quickly assess products across different asset classes. Additionally, it discusses trading strategies for stocks like Palantir Technologies (PLTR) and Eli Lilly (LLY), highlighting options strategies to manage risk and capitalize on potential price movements, especially in the healthcare sector, which has faced challenges this year.
The tasty Volatility Score is based on how the implied volatility of each compares to SPY
Popular ETFs
This list covers some of the most popular exchange-traded funds (ETFs), organized by group. We have broad market, commodities, crypto, currency, fixed income, leveraged, volatility and sector-specific. It’s a quick way to compare products from different asset classes. The tasty Volatility Score is based on how each ETF’s implied volatility compares to SPY using a relative calculation. Based on that, each ETF is bucketed into categories like “MUCH Less Volatile than the S&P 500” or “MUCH More Volatile than the S&P 500,” depending upon how its implied volatility compares to SPY.
Click here to download.
link to image 1: https://cherry-picks-s3-bucket-newsletter.s3.us-east-1.amazonaws.com/live/25_08_05_tastylive_Research.pdf?utm_campaign=tastylive%3A%20Cherry%20Picks&utm_medium=email&_hsenc=p2ANqtz-_aHATXgTwJ2JihtFoMCd2IyjjlXEY1VYK4_DNUbPNEJGAH0f2bvmYF20eiUEhudQvb_Tu_GJ551YK5UUuYtf2VP1OkNw&_hsmi=374556839&utm_content=374556839&utm_source=hs_email
Earnings
(Stocks that trade more than $500 million per day).
Stocks in blue release earnings in the morning before the market's open, and stocks in orange release earnings after the market's close.
cherry picks image 2
Last Week's Futures Cheat Sheet
We posted this in last week's Cherry Picks. It’s one of our most popular cheat sheets.
Click here to download.
PLTR ($174.28) Broken Wing Butterfly (SEP) $1.70 Credit
The new cult classic — Palantir Technologies (PLTR) — reported earnings after the close yesterday and continued its squeeze higher. The stock by all metrics is wildly expensive, but who cares! If you’re bullish and don't want the downside risk, then a call broken wing butterfly is a neutral play but with an extra profit potential to the upside (and no risk to the downside). Long the 175/180 call spread and short the 185/200 call spread for a net $1.70 credit.
LLY ($760.99) Short Put Spread (SEP) $2.66 Credit
Healthcare is one of the worst-performing sectors this year. UnitedHealth (UNH), Lilly (LLY) and Novo Nordisk (NVO), among others, have hit 52-week lows during the last couple months. If you think the pain is mostly over, LLY has high volatility going into earnings 8/7 and seems to put in lows around $700. Short the 700/690 put spread is a defined risk way to play for a sideways/up move on earnings.
