September 2, 2026

Fading the Rally: Scott Bauer’s Iron Condor on DELL

Dell (DELL) posted a great report with strong guidance and Scott Bauer’s instinct was to fade the move higher.

He joined Schwab Network to walk through the iron condor he is selling to take advantage of the post-earnings volatility and shared his read on the daily sector rotation that is making this market so difficult to navigate right now.

Scott covers:

  • Why a great DELL report still has him fading the move rather than chasing it
  • The wide iron condor range he structured and the credit he walked away with
  • His take on the daily sector rotation and why picking one sector right now is a tough game
  • What the ADP miss this could mean for Friday’s jobs number

Want to work with Scott? See if you qualify

about the author:

Scott Bauer

A respected market commentator seen on Bloomberg, Fox Business, CNBC and other major financial networks, Scott Bauer has 30+ years of professional equity and index options experience at the Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME) and as a Vice-President/trader for Goldman Sachs. Scott graduated with Honors from the University of Illinois Business School and has taught classes both at his alma mater and at the CBOE.

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