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First Call Holiday Week Setup: What the Options Are Pricing Ahead Of July 4th

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Chapters18 segments · tap to seek
ticker lesson

Breakdown

1:27lesson

Preparing for short week ahead of July 4th

  • 4-day weekend ahead
  • jobs report Thursday
  • SPX implied move 115 points
  • market prepping for volatility
3:10lesson

Interest rate outlook and FedWatch probabilities

  • CME FedWatch shows 30% hike chance in July
  • 46% chance of September hike
  • December has highest probability of 25bp hike
  • market pricing in rate hike outlook
4:58lesson

Market positioning and volatility structure

  • E-minis up 850
  • Nasdaq down 30
  • Russell up slightly
  • no gap moves
  • SPX IV highest on Thursday
6:53lesson

Trading approach for short week

  • short weeks can have big moves or little activity
  • contango structure in futures
  • VIX futures flatter than usual
8:43lesson

Managing strangles through holiday week

  • rolling positions out in time
  • MES out 54 days
  • MNQ out 33 days
  • pushing near-term positions out
  • desensitizing to intraday moves
10:32lesson

Options platform features and position management

  • tasty platform shows contract expirations
  • can move options to different cycles
  • adjusting positions before holiday
  • keeping bullish deltas
12:24lesson

Position adjustment strategy for long week

  • adding extrinsic value to short calls
  • hedgeability of longer-dated options
  • rolling to protect against washout
13:57lesson

AI stock pullback and sector rotation

  • Micron down 7% Friday
  • 400% gain in 3 months
  • sector rotation out of hardware
  • healthcare and Costco rallying
15:52lesson

Microsoft and market rotation

  • Michael Burry bullish on Microsoft
  • Microsoft 185 million shares traded Friday
  • E-minis higher while Nasdaq down
  • rotation from hardware to software
17:42lesson

Iron condor strategy for 4-day cycle

  • sell iron condor for $200 risk $300
  • balanced range in E-minis
  • potential for IV crush
  • long delta exposure
19:30lesson

Futures vs equity trading advantages

  • extended trading hours
  • no gap risk
  • flexible alerts
  • tax treatment differences
  • span margin
21:14lesson

Futures product limitations and advantages

  • sector exposure vs individual stocks
  • flexibility in futures
  • limited defined opinion expression
  • tax and leverage differences
23:27lesson

Palantir trading strategies

  • 50-60% IV in Palantir
  • diagonal spreads possible
  • calendar spreads after earnings
  • short crab component worthless
25:13lesson

SpaceX long-term trade setup

  • 160-180-200 butterfly
  • super bull 572 days out
  • sell put to buy call
  • asymmetric risk profile
26:52lesson

MicroStrategy and Bitcoin positioning

  • MSTR bloodbath to downside
  • Bitcoin at 59,290
  • potential long delta entry
  • catching falling knife
28:48lesson

Earnings and volatility expectations

  • Nike earnings Tuesday
  • Constellation Brands (STZ) earnings Tuesday
  • Nike leap long call at 60 strike
  • STZ 4-day IV 9 points
30:39lesson

Oil position management

  • micro crude straddle at 76
  • break even at 71.5
  • backwardation gone
  • rolling before Wednesday
32:29lesson

Final thoughts and upcoming content

  • E-minis down 27
  • Nasdaq down 325
  • market content for Friday
  • next show 7:30 central tomorrow

Informational only — this is tastylive’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.