Options Insight: How to Play Marriott

The video discusses the current state of U.S. equity volatility, predicting potential market shocks around mid-March, and the impact of events like the FOMC meeting and French election. It then shifts focus to Marriott's earnings, analyzing the travel industry's performance and exploring stock replacement strategies. The video emphasizes the importance of continuous hedging and presents a specific trade structure involving a call spread to manage risk while staying long.

What is one of the potential events mentioned that could bring back market volatility?

• A new technology launch

• Chair Yellen's congressional address

• A natural disaster

• A major sports event

What is the main focus of the discussion regarding Marriott's upcoming earnings?

• The introduction of a new loyalty program

• The impact of new hotel openings

• The effect of travel restrictions

• The concept of stock replacement

Why is continuous hedging important in the market according to the transcript?

• It helps in managing risk

• It guarantees profits

• It eliminates all market risks

• It is required by law

What is the structure of the trade strategy discussed for Marriott?

• Investing in a new hotel chain

• Selling all Marriott stocks

• Buying a 9100 call spread

• Purchasing Marriott bonds

What is the expected price target for Marriott in the discussed trade strategy?

• $105

• $95

• $90

• $98