Interesting?bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp., LQD

Download Option Block 642: The Mystery of LQD Combos

Trading Block: Investors Have Never Been More Short Volatility Futures

Odd Block: An update on the Tesla “Catastrophe Puts,” call frenzy in Procter & Gamble Co (PG), size bullish combo/conversion/reversal in iShares IBoxx $ Invest Grade Corp. (LQD), and calls trade in Extended Stay America Inc (STAY).

Mail Block: More Tesla commentary

  • From Michael Smith? – This is an obscene about of OI that far out of the money.
  • From Bart S.? – Are those Puts bought or sold?
  • From Gary Paster? – A very interesting Collar which I will watch until expiration – Re: TSLA MAR 250/470 strangle that paper bought 400 times last week.

Flash Poll: What do you think of the planned launch of cash-settled #Bitcoin futures later this year?

  • 34% – I Can’t Wait!
  • 17% – I’m Not Interested!
  • 41% – I’m Somewhat Curious
  • 8% – I’m Waiting for Ethereum

Question from Upward Momentum: Is that a good thing you think?

#QuestionOfTheWeek: Which #Options Exchange or group has carved out the largest piece of the #Options market so far in 2017?

  • 72% – CBOE/BATS
  • 17% – NASDAQ
  • 3% – NYSE
  • 8% – MIAX & BOX

Comment from FContangotrader: Urban Dictionary: Scaramucci Maybe 2-week options should be called Scaramuccis?

Comment from Tim A. – For the guy who wrote in about trading with free commissions. What about a box?

Around the Block: Earnings!

  • Monday – Marriott
  • Tuesday – The Walt Disney Company, Valeant Pharmaceuticals
  • Wednesday – The Childre?s Place, Mylan, Live Nation, Office Depot
  • Thursday – Macys, Kohls, Nordstrom, Blue Apron, Snap Inc., Coca-Cola, Nvidia
  • Friday – JCPenney

Also this week:

  • Aug 8: JOLTS
  • Aug 9: Productivity and Costs
  • Aug 10: Jobless Claims, PPI, Treasury Budget
  • Aug 11: Consumer Price Index