Monday, July 20
Chips lead, energy lags — one setup on the tape
The Tape
S&P futures +0.38%, Nasdaq +0.61%, Russell −0.12%. 10-yr at 4.19%.
Movers
- NVDA +2.1% — analyst PT hike
- XOM −1.4% — crude at 6-week low
- NFLX earnings after the close
Setup of the Day
Covered call on XYZ at the 30-delta strike, 32 DTE. Est. ROC 1.8% (annualized ~20%).
Chart of the Day
[ Chart preview ]