This, of course, was before talk of trade wars re-emerged
Listen to Option Block 705: The Bulls Strike Back
Trading Block:
TSLA – up $50 in a few days. FB up over $7 since yesterday. SPOT options start on April 9. Dropbox has a big launch day with nearly 10k contracts. OCC cleared contract volume up 15% in March.
Odd Block:
More Jan 2019 50″Catastrophe” puts in Tesla Motors (TSLA), weekly call-palooza in GameStop Corp. (GME), crazy call spread in Energy Transfer Partners LP (ETP), and call love in Array Biopharma Inc. (ARRY).
Strategy Block:
Uncle Mike Tosaw discusses selling a spread vs buying a spread.
Mail Block: Options Broker Madness
- The battle is over – there can only be one. Congratulations to the 2018 #Options #BrokerMadness champions @TheTastyWorks! Thanks to all who participated.
Listener questions and comments:
- Question from Jilian – The whole inverse volatility thing has me spooked about other inverse ETFs like SQQQ (3X short nasdaq 100), UVXY and SDS (2X short S&P 500). Should I be worried that these can be wiped out next?
Around the Block/Economic Reports:
- Apr 4: Jobless Claims, International Trade
- Apr 5: Unemployment