# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=i4zUqJXy9pE
- **Gondola URL:** https://gondola.cc/posts/67717959-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/a31c7cea50.jpg
- **Posted:** 2026-07-14T03:15:11.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

Options trading and earnings preview: five bank heavyweights, Goldman Sachs, Citigroup, Bank of America, JP Morgan, and Wells Fargo, all report earnings Tuesday morning before the open. All of them are near annual highs after quietly leading the S&P 500. But implied moves are only 3 to 5%, which is abnormally low compared to names like Micron or Tesla. Mike Butler wants to see them fade first before selling a put. Jermal finds a JP Morgan calendar spread, the 340/350 in the 4-day vs 11-day cycle, for less than $2 that could double on a move. Plus the free-look play: skip Tuesday's binary risk and trade PNC and Morgan Stanley on Wednesday after you see which way the group moves.

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Chapters
00:00 Four financial heavyweights report Tuesday morning
00:35 The numbers to watch beyond EPS and revenue
00:56 Jermal: I want to see them fade so I can sell puts
02:17 All near highs and nobody is really talking about them
02:44 Volatility still low, contango intact, buy any dip
03:06 Implied moves are only 3 to 5%, abnormally low
03:54 Wait for the fade then sell puts in the monthly cycle
04:01 Or play it directional: cheap diagonals and calendars
04:29 Public service announcement: set orders to 24 hours
04:50 JP Morgan diagonal 340/350 for $4, that is cheap
05:51 These banks move together as a group
06:10 Wait for Tuesday, then play PNC and Morgan Stanley Wednesday
06:28 Call skew in JP Morgan's 4-day cycle
07:02 All five plus Wells Fargo report before Tuesday's open
07:28 The free look: play sympathy on Wednesday names
08:01 Calendar spread for less than $2 that could double
08:56 If it sells off, buy back the short calls and hold the longs

#tastylive #bankearnings #jpmorgan #goldmansachs #citigroup #optionstrading #calendarspread #mathcheck #earnings #tastytrade

tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.

tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/.

Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.

tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.

## Stats

- **Views:** 758
- **Likes:** 21
- **Shares:** 0
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## Tags

mathcheck, tastylive, citigroup, optionstrading, goldmansachs, earnings, bankearnings, tastytrade, jpmorgan, calendarspread

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