ADI reports tomorrow after the close. Fundamentally it is 8 out of 10. Bullish.
Technically it is more bullish than bearish.
If I had to make a play, I will go with October Calls. The problem is that the bid-ask spreads are not good. At the moment my focus is TIF. If get what I want from TIF intraday tomorrow, I will likely not bother with ADI (or take a smaller position). I will also like to see ADI move up intraday tomorrow. If that does not happen I will stay away.
TIFFANY EARNINGS PREVIEW:
TIF reports Wednesday before the open. Fundamentally it is 6 to 7 out of 10. So it is borderline bullish (my cutoff point is 7).
Technically it looks very bullish due to pattern repetition as seen on TIF-DAILY chart.
So based on fundamentals and technicals, I will be buying October Calls.
I will monitor how it acts on Tuesday to be certain with my decision. I'm hoping to see a big down day going to the report.
I will post a message 30mins before the close if I decide not to take any or both of the trades.
ADI-DAILY
TIF-DAILY
GOOGL-15MIN
SLB-DAILY
TSLA-15MIN
TWTR-DAILY
TWTR-15MIN
SPX-DAILY IV
SPX-DAILY III
SPX-DAILY II
SPX-DAILY I
SPY-15MIN
