Lions.. VZ is a buy here. VZ reports earnings on the 21st, so this trade carries higher risk IF you get long now. You may want to wait until after earnings if your risk tolerance is not that high.
You can capitalize on this several ways.
One. Buy just ITM calls which expire out 6 months. This strategy carries the most risk, but also has the highest profit potential.
Two. Sell WAY OUT OF THE MONEY puts which expire out 1 month. This strategy carries much less risk.
Three. The least risky strategy is to set up a credit spread- and there are many ways to do this easily.
*** I cover each of the above strategies/how to set them up in detail, plus MUCH MORE in my book A (NOT) So Random Walk On Wall Street.
Where is the money going ? Dollar down, gold down , treasury down, stocks down, HYG down, JNK down..
GBP is going up. EUR going up. Money leaving the USA.