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Why Maersk Raised Guidance Twice This Year: A Strait of Hormuz Case Study in Volatility

A single shipping chokepoint is raising costs and revenue for the same companies at the same time. Maersk's back-to-back guidance hikes are a real-world lesson in how geopolitical risk shows up in earnings — and in options pricing.

August 16, 2026 ET

Options Trading
Supermicro Jumped 20%+ on Numbers That Aren't Even Audited Yet — Here's What That Means for Options Before the Real Earnings Report

Super Micro Computer surged on an unaudited guidance update three weeks before its actual earnings report. Here's the difference between a "preliminary" pre-announcement and a scheduled earnings release — and what it means for options priced in between.

July 22, 2026 ET

Options Trading
Kevin Warsh's First Fed Testimony: How Options Price Macro vs. Earnings Volatility

Kevin Warsh gave his first congressional testimony as Fed Chair this week. Here's how options markets price uncertainty about an untested chair differently than they price a single company's earnings.

July 14, 2026 ET