Tariffs and killer foxes. ‘Murica!
Listen to Option Block 728: Tariff-Ied of Killer Foxes
Trading Block:?Canadian revenge tariff are on the docket today. VIX cash sits above 17. OCC Cleared Contract Volume up 6% in June – the highest June for total options volume on record.
It’s SPX’s 35-year anniversary.
Odd Block:
July 4 calls in Limelight Networks, Inc. (LLNW),
Funky multi-leg in BP Prudhoe Bay Royalty Trust (BPT),
Rolling puts in (FLO).
Strategy Block:
Uncle Mike Tosaw discusses trading short put spreads
Mail Block: Options question of the week
Traders generally fade volatility going into holidays (today notwithstanding). What’s your favorite vehicle when you want to wager on the dark side of volatility? Short-term or Long-term – that’s up to you.
- Short VIX Futures
- Long $VIX Puts/Spread
- Long $VXX Puts/Spread
- Short $VIX Calls/Spreads
Around the Block: ‘Murica. Mired in tariff talk. Negotiating trade deals is tough!