Beware the Ides of Yellen
Download Option Block 602: The Ides of Yellen
Trading Block: Are SNAP options set for strong demand on their market debut? Fed kicks off tomorrow.
Odd Block: Puts trade in Encana Corp. (ECA), calls trade in Texas Instruments Inc. (TXN) and calls trade in Rio Tinto PLC (RIO)
Mail Block:
Options #QuestionOfTheWeek – $VIX = 11.50, $SNAP IV30 = 56, $AAPL IV30 = 14, $OIV = 33. If you had to buy #Volatility, which is the best value?
- $SNAP – aka Tween Vol
- $AAPL – aka #iPhone Vol
- $VIX – aka $VIX
- $OIV – aka #Crude $VIX
Listener questions and comments:
- Question from Anthony Carter – Snap puts, what the heck!?
- Question from Dr X – I just saw The Big Short, what do you guys think of it? Also, check out Logan if you have not already.
Around the Block: Beware the Ides of Yellen. Earnings: Del Taco and Oracle.