How Headwaters Volatility's Rowe Is Trading the SPY

The video discusses current market trends, focusing on sector performance within the S&P 500. It highlights the impact of earnings season, noting that while some sectors like technology have seen significant gains, others like energy remain in correction. The discussion includes insights into company earnings, with a focus on EPS and revenue performance. The speaker predicts market trends and suggests investment strategies, emphasizing the low volatility environment. A trading strategy involving buying upside calls and hedging with short stocks is recommended as a market-neutral approach to capitalize on implied stock market movements.

What are the implications of having only 15% of companies report earnings so far?

Explain the strategy mentioned for being market neutral while betting on market movement.