Chris Robinson, Top Third

Soybeans move to center stage as “beans are made in August.” The USDA report on Aug. 10 could be a springboard for more movement. 

Scott Shellady, TJM Europe

Scott says technology companies that produce and sell merchandise or provide services, such as Apple or Alphabet, are likely to weather the storm better than user-based firms like Facebook or Twitter. 

Tim Biggam, Chief Option Strategist - Delta Derivatives

Tim talks about Apple and the rotation out of growth into value. Selling iron condors in Netflix and Facebook post earnings. Doing call diagonals in GRPN based on unusual option activity in the August 5th traditional calls, Tim adds.

George Tkaczuk, RCM Wealth Advisors

George talks about the positives and negatives in this market as the market grinds higher in a volatile manner.

Chris Robinson, Top Third

Chris says Minneapolis wheat gave us a text book example of a v-bottom over the last 2 weeks. Funds were out of position, short close to 1/3 of the open interest. Result? Almost 90 cent rally in just 10 days, he adds.

Tim Biggam, Chief Option Strategist - Delta Derivatives

Tim talks about FANG stocks, especially Facebook. Doing a FB short term put calendar trade to take advantage of the high IV in this week’s options. Think any upside will be muted given the recent run up and valuation. Seeing unusual call buying in KAR...selling a Oct 55/65 strangle as a delta neutral volatility capture trade, Tim adds.