Mixed review on this coming week for earnings. Some feel market is overbought, insider selling is HIGH and stimulus checks will be a few weeks out. Overlap in unemployment funding, mixed with overbought Tech could bring a bloody start to the week; not to mention our situation in China.
My advice, stay nimble heading into the week. Make sure you can get out of positions without too much trouble. Also remember, if you don't sell, you will make your money back, it will just take time.
On bio front, I like $AZN as a long call for front runner on vaccine fronts, although trials and testing take time, but the money is there. Watch IV crush on earnings calls.
This week I like SPY puts, MCD puts; feel there will be a real estate push coming, as numbers were good and many real estate trusts and financial groups haven't recovered and have huge potential. Again, be mindful of the next two weeks until we can expect a lively mid August. Follow the money!