In today's episode of From Theory to Practice, Dr. Jim Schultz discusses a turbulent market following notable earnings from META and MSFT, with indices like NQ and ES well off their overnight highs. Dr. Jim then commences an 11-minute victory lap on his big winner in SPX, which is needed to help pay for the busted trades in META and MSFT. Then, he offers up bullish trades in both AAPL and AMZN for their earnings calls tonight, just before the most important NFP print of our lifetimes in the morning.

In today's episode of From Theory to Practice, Dr. Jim Schultz discusses a turbulent market following notable earnings from META and MSFT, with indices like NQ and ES well off their overnight highs. Dr. Jim then commences an 11-minute victory lap on his big winner in SPX, which is needed to help pay for the busted trades in META and MSFT. Then, he offers up bullish trades in both AAPL and AMZN for their earnings calls tonight, just before the most important NFP print of our lifetimes in the morning.

Meta and Microsoft shares surged post-earnings, with Meta jumping $83 and Microsoft opening up around $5.60. The broader market followed suit, with the E-minis up $32 and NASDAQ narrowly avoiding a dip into negative territory. The tastylive crew shared three distinct strategies ahead of Amazon and Apple earnings. Mike favors a call diagonal spread on Amazon, believing tech companies will continue to beat expectations. Nick countered with a more cautious UVXY call zebra strategy, anticipating potential volatility after earnings season concludes. Katie highlighted tastylive's upcoming active trader 2.0 ladder feature for futures traders, demonstrating it with a micro-Euro contract position. The panel also discussed additional plays in Coinbase ahead of its earnings report. Traders can join the team at upcoming events in Seattle (August 10), Dallas, and San Diego later this fall.

Meta and Microsoft shares surged post-earnings, with Meta jumping $83 and Microsoft opening up around $5.60. The broader market followed suit, with the E-minis up $32 and NASDAQ narrowly avoiding a dip into negative territory. The tastylive crew shared three distinct strategies ahead of Amazon and Apple earnings. Mike favors a call diagonal spread on Amazon, believing tech companies will continue to beat expectations. Nick countered with a more cautious UVXY call zebra strategy, anticipating potential volatility after earnings season concludes. Katie highlighted tastylive's upcoming active trader 2.0 ladder feature for futures traders, demonstrating it with a micro-Euro contract position. The panel also discussed additional plays in Coinbase ahead of its earnings report. Traders can join the team at upcoming events in Seattle (August 10), Dallas, and San Diego later this fall.

Liz and Jenny discussed trading strategies amid major tech earnings announcements and the impending tariff deadline set for 6 p.m. that day. The hosts noted Microsoft (MSFT) was up 22 points and Meta up significantly following strong earnings reports.

The duo placed a bullish put position in DraftKings (DKNG) for earnings next week, collecting about $1 per contract using significantly less capital than would be required for similar trades in higher-priced stocks like Apple (AAPL) or Amazon (AMZN).

They also established a small hedge position in UVXY with 50-day calls for just $3, providing portfolio protection against potential volatility increases. The traders mentioned being cautious about new earnings positions given economic uncertainty and the tariff announcement's potential market impact.

Liz and Jenny discussed trading strategies amid major tech earnings announcements and the impending tariff deadline set for 6 p.m. that day. The hosts noted Microsoft (MSFT) was up 22 points and Meta up significantly following strong earnings reports.

The duo placed a bullish put position in DraftKings (DKNG) for earnings next week, collecting about $1 per contract using significantly less capital than would be required for similar trades in higher-priced stocks like Apple (AAPL) or Amazon (AMZN).

They also established a small hedge position in UVXY with 50-day calls for just $3, providing portfolio protection against potential volatility increases. The traders mentioned being cautious about new earnings positions given economic uncertainty and the tariff announcement's potential market impact.