How MKM's Jim Strugger Is Playing Guess

The video discusses the potential shift from quarterly to semi-annual reporting for public companies and its impact on market volatility. It explores the role of alternative data in market dynamics, especially with the rise of connected devices. The discussion then shifts to the current earnings season, highlighting a trade strategy on Guess, a consumer discretionary company. The video concludes with details on executing trades and the implications of implied volatility in the options market.

What are the potential impacts on market volatility if publicly traded companies report earnings every six months instead of every quarter?

How does the increase in connected devices relate to the frequency of data reporting by companies?

What factors did the speaker consider when choosing to trade on guests?

What does the speaker mean by 'finding a biased directionally' in relation to the trade on guests?

Explain the concept of 'implied volatility' and its significance in the context of the discussed trade.