Wednesday’s Prospects

I have three prospective trades for Wednesday that qualify on grounds of liquidity: FB, MRK and PM. All are potential earnings plays.

I intend to analyze FB.

MRK and PM have overly low implied volatility, both in comparison with the annual range and the most recent broad movement. I shall check them again after the opening bell, but without  a significant rise in implied volatility, neither will qualify for a further look.

By Tim Bovee, Portland, Oregon, Jan. 31, 2017

 

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