"The position of the dollar as the world's reserve currency is going to be challenged in the coming years given the avalanche of supply coming from the U.S. Treasury." - John Brady from RJ O'Brien on this episode of This Week in Futures Options.
On this episode, Brian first looks at last week's trade, which was selling a put to buy a long call spread in Walmart (Stock Ticker: WMT). He called this a fear of missing out (FOMO) trade around earnings. Then he discusses this week's trade of buying a diagonal call spread in Home Depot (Stock Ticker: HD) going into earnings.
"This has been the mother of all stock market recoveries. I don't think many people would have called this or did call this." - Chris Hausman from Swan Global on this episode of The Advisors Option.
"We're not seeing as many people buying bitcoin aggressively at these levels compared to other recent tests of these price levels." - Jon Pearlstone from CryptoPatterns on this episode of The Crypto Rundown.
"If you had told me back in March that we would be back near all-time highs in SPX by August I would have assumed that we'd have found a cure for covid. That's not the
case but we're still in rally mode. I've never been more cautious than I am right now." - Mike Tosaw on this episode of The Option Block.
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