Geopolitics and volatility. What could go wrong?
Download Option Block 609: VRX, Salvaging Good Trades, Umbrage and More
Trading Block: The 100-year anniversary of the vote to join WWI. VIX pops after Syrian attack. Valeant Pharmaceuticals International, VRX + $0.16 to $9.66.
Odd Block: Puts trade in iPath S&P 500 VIX Short Term Future ETN (VXX), puts trade in Ford Motor Co. (F) and calls trade in JetBlue Airways Corp (JBLU).
Strategy Block: Uncle Mike Tosaw discusses his most recent trade in SPY.
Mail Block: #Options #BrokerMadness
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Around the Block/This Week in the Market:
- Apr 7: Unemployment