Options Update: How to Play Macy's

The transcript discusses market volatility, focusing on the VIX index and its implications for stocks. It highlights the earnings season, noting winners and losers in sectors like energy and retail. Macy's stock performance is analyzed, with attention to options activity and sales challenges. The discussion shifts to Cisco, examining its earnings history and a bearish investment strategy due to perceived value traps.

What factors are contributing to the current volatility in the market?

How have different sectors performed during the current earnings season?

What are the implications of the current economic conditions on consumer spending?

What is the significance of Macy's recent performance in the stock market?

What strategy is suggested for trading Cisco's stock based on its earnings report?