Qualcomm Just Rallied 16% Off Intel's Earnings. Here's the Sympathy Rally Playbook.

tastytrade2 months ago

Live options trading from the new CBOE floor set after one of the biggest earnings nights of the year. Qualcomm up 16%, Google ripping, Meta selling off hard, and Microsoft giving back its after-hours gains all in real time. Mike and Jermal walk through the sympathy rally playbook between sector peers, how to manage a Super Bull position in Microsoft after a 5% selloff, the Apple diagonal closed for profit ahead of earnings, and what the PCE print plus rate signals mean for positioning heading into the weekend. Raw, live, and from the floor. Helpful links: tastylive: https://www.tastylive.com/ FREE tasytlive Newsletters: https://info.tastylive.com/newsletters FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 Follow tastylive on X (Twitter): https://x.com/tastyliveshow CHAPTERS: 00:00 New CBOE Floor Set - Live From the Pit 00:22 Earnings Night Recap: MSFT, AMZN, META, GOOGL 00:53 Qualcomm Up 16% - The Sympathy Rally Playbook 01:36 How to Use Peer Earnings to Predict the Next Move 01:45 Nasdaq 100 Live - What's Leading and What's Lagging 02:46 Microsoft Position Update - Super Bull Trade Management 03:46 Rolling the Call Down and Chipping at Cost Basis 04:27 Jamal's Apple Diagonal Closed for $300 Before Earnings 04:54 Meta Super Bull Setup - Waiting Below 600 to Get Aggressive 06:57 PCE Higher, GDP Lower, Bank of England Holds Rates 07:26 Why the Market at 7,200 Is Shocking Both of Them 08:04 Reluctant Rally - A Few Names Carrying the Whole Index #optionstradinglive #optionstrading #livetrading #cboe #earningsoptions #qualcommstock #metastock #microsoftstock #howtotradeoptions #tastylive tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we’ll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. (“tastylive”) and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims (including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.