Talking VIX, NVDA, WMT, TSLA and More
Listen to Option Block 738: Talking VIX, NVDA, WMT, TSLA and More
Trading Block: A look back at the week from a trading perspective
VIX briefly back over 14.
Earnings:
- Wednesday – Macy’s, Cisco
- Thursday – Walmart, JD.com, Nordstrom, Nvidia
- Friday – John Deere
- Walmart (WMT) had a blowout quarter and shares are surging.
- Nvidia (NVDA) – ATM straddle: $16.50, approx. 6%
Odd Block:
Bullish risk reversal in Discovery Communications Inc.? (DISCA) (From 7/19),
Well-timed bullish stupid in Cleveland-Cliffs Inc. (CLF) (From 7/16), and earning bet in Interpublic Group of Companies Inc. (IPG) (From 7/16).
Strategy Block:
Uncle Mike Tosaw discusses bad practices in financial advisors who claim to know options.
Mail Block: Options question of the week
This week we would like to know more about your level of #options expertise. Quite simply – how would you describe yourself at a dinner party?
- 12% – Current/Former Pro
- 21% – Retail Options Wiz
- 48% – Retail Options Dabbler
- 19% – Looking to Get Started
Around The Block/This Week In the Markets:
- Aug 16 – Jobless Claims, Housing Starts
- Aug 17 – Consumer Sentiment