- HOST: ?MARK LONGO, THE OPTIONS INSIDER
- CO-HOST: ANDREW GIOVINAZZI/MARK SEBASTIAN, OPTION PIT
- CO-HOST: ?MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
- FIDELITY HOT SEAT: COLIN SONGER, FIDELITY ACTIVE TRADER STRATEGY DESK
TRADING BLOCK
- VIX – 12.75, 0.5-points higher than last show.
- SBUX made a new 52 week high. TSLA, 4 of 11 directors expected to leave, and company investigating what appears to be exploding Model S sedan in shanghai. PINS, IPO had offering price of $19 and closed at 24.40.
- Most active indices – VIX: 139k, SPY: 771k, SPX: 449k
- Most active equity options – GE, AAPL FB, TSLA, NFLX, TWTR, QCOM, AMD, F, MSFT
Earnings Highlights:
- Tuesday – Twitter, Snap
- Wednesday – FB, Tesla, Microsoft, Boeing, Chipotle, PayPal
- Thursday – Amazon, Starbucks
ODD BLOCK
- Call overwrite in YPF SA (YPF)
- Crushing put below bid in Sea Ltd (SE)
- Call overwrite in US Silica Holdings Inc (SLCA)
STRATEGY BLOCK
- The fidelity discussion topic this week is the common misperceptions of calendar spreads.
AROUND THE BLOCK
- This Week in the Market
- Apr 22: Existing Home Sales
- Apr 23: New Home Sales
- Apr 25: Jobless Claims, Durable Goods
- Apr 26: GDP, Consumer Sentiment