Options Update: How to Play Pandora

The video discusses recent market volatility, focusing on the VIX's unprecedented movements and the implications for market rallies. It analyzes mixed earnings reports, highlighting strong performances by industrials like Caterpillar and 3M, and poor results from IBM and Coca-Cola. The video also explores investment strategies for Caterpillar, given its recent success, and outlines a trading strategy for Pandora, which has historically underperformed on earnings days.

What was unprecedented about the VIX movements discussed in the video?

• The VIX remained stable despite market fluctuations.

• The VIX rose steadily for a week.

• The VIX showed no significant change over the past month.

• The VIX fell more than 10% for three consecutive sessions.

What key technical level did the Dow move above, as mentioned in the video?

• Its 300-day moving average

• Its 50-day moving average

• Its 200-day moving average

• Its 100-day moving average

Which sector showed strong performance in the earnings reports?

• Technology

• Industrials

• Consumer Goods

• Healthcare

What was the historical performance of Pandora on earnings day?

• It had a positive trend in the last year.

• It sold off in seven of the past eight quarters.

• It showed no significant movement.

• It consistently beat expectations.

What is the suggested options trade for Pandora based on its historical performance?

• Buying call options

• Selling a 22-21 put spread

• Selling call options

• Buying a 22-21 put spread