When the term “furry footed” becomes a hobbit debate.
Download Option Block 665: Debating Hobbitry; Plus Apple and Tesla
Trading Block: Earnings season review:
- Apple after the bell. ATM straddle – $7.25, approx. 4.3%
- Facebook and Tesla
Odd Block: Options tracker in Tesla Inc. (TSLA), call-palooza ahead of earnings in Pandora Media Inc (P), and size upside buywrite in Marathon Oil Corporation (MRO).
Strategy Block: Uncle Mike Tosaw discusses tax savings.
Mail Block: Options question of the week
Bitcoin just blew past $100B in “market cap.” If #Options were available how would you trade them?
- 52% – Buy Calls/Call Spreads
- 20% – Buy Puts/Put Spreads
- 19% – Sell Covered Calls
- 9% – Other/Hate #Crypto
Around the Block: RCM webinar on Wednesday, November 8th, 12:00 CST – How to Webinar: Trading Options on Stocks & Futures.