Mexico, Maine, tomfoolery, and the history of urban dance.

Listen to Option Block 727: Slinging VIX By Way of Mexico, Maine

Trading Block: A review of the week in trading

  • VIX Cash – started at 18.99, ended at 16.70
  • Earnings:
    Nike after the bell – $71.70, ATM straddle – $3.40, approx. 5%

Odd Block:
Size money call roll in Devon Energy Corp (DVN).
Call vertical in CVS Health Corp (CVS).
Size puts in PowerShares DB US dollar Index (UUP)

Strategy Block:
Uncle Mike discusses selling a call spread versus selling a call.

Mail Block:

  • Question form Jack Daniels trades: Pump me up $WWE don?t fade! Huge TV deal billionsss. Let’s go.
  • Question from BuddyBoy79: Can you please explain what relative strength and weakness mean as they pertain to options trading?

Around the Block/This Week in the Market

  • Jun 28: Jobless Claims, GDP
  • Jun 29: Personal Income, Consumer Sentiment