Options Update: How to Play Alcoa

The video discusses the factors influencing the options market, focusing on external events like activities in Brazil stocks and Petrobras. It analyzes Yum Brands' stock performance, noting a marginal rise despite a profit forecast cut, and predicts further sell-off. The video also explains a trade strategy involving Alcoa, highlighting a strangle trade ahead of earnings, with a focus on balancing opposing market forces.

What external events are influencing the options market according to the text?

How did Yum Brands' profit forecast affect its stock price, and what does the options market indicate about future movements?

What strategy is being employed in the trade mentioned for Alcoa, and what does it involve?

What are the opposing forces affecting the stock price mentioned in the text?

What is the expected time frame for the trade discussed, and what is the target range for the stock?