How KKM's Dan Deming Is Trading Netflix

Dan Deming from KKM Financial discusses recent market trends, focusing on the S&P 500 and NASDAQ's performance. He analyzes the VIX, noting that current levels do not indicate a market bottom. Deming suggests trading opportunities in the current volatile environment and discusses potential future VIX spikes. He also shares a trade strategy for Netflix ahead of its earnings, involving a risk reversal approach to capitalize on potential stock movements.

What is the current state of the S&P 500 and NASDAQ according to Dan Deming?

• They have reached a new all-time high.

• They are experiencing a downturn, with the NASDAQ down more than 6%.

• They are in a stable condition with little movement.

• They are experiencing a significant uptrend.

What does Dan Deming suggest about the VIX and market bottom?

• The VIX is at an all-time low.

• The VIX is irrelevant to market bottom predictions.

• The VIX suggests that the market is far from a bottom.

• The VIX indicates that the market has already bottomed.

What trading opportunities does Dan Deming see in the current market?

• He sees opportunities in shorting the VIX.

• He sees opportunities in buying stocks only.

• He sees no opportunities due to market stability.

• He sees opportunities in trading volatility and hedging.

What factors does Dan Deming mention that might prevent a significant VIX spike?

• A decrease in trading volume.

• A sudden increase in stock prices.

• The absence of short vowel players in the market.

• A large number of short vowel players in the market.

What is Dan Deming's strategy for trading Netflix around its earnings?

• Shorting Netflix stocks to benefit from a downturn.

• Using a risk reversal strategy by selling a put and buying a call.

• Selling all Netflix stocks before earnings.

• Buying only calls to benefit from a potential rally.