How KKM's Dan Deming Is Trading Netflix

Dan Deming from KKM Financial discusses recent market trends, focusing on the S&P 500 and NASDAQ's performance. He analyzes the VIX, noting that current levels do not indicate a market bottom. Deming suggests trading opportunities in the current volatile environment and discusses potential future VIX spikes. He also shares a trade strategy for Netflix ahead of its earnings, involving a risk reversal approach to capitalize on potential stock movements.

What is the current state of the S&P 500 according to the discussion?

What indicators suggest that we may not have reached a capitulation bottom yet?

How does the VIX relate to the current market conditions discussed?

What factors are mentioned that could influence the VIX levels in the future?

What trading strategy is being considered for Netflix and why?