Fed raises rates again – hints at slower raises to come, but not enough for the markets. Chair Powell pretty much says the Fed doesn?t need to respond to Trump or the market.
Most active:
– SPY – 3.54M (ADV 3.72M)
– VIX – 177k (584K ADV)
Earnings Highlights:
– Thursday – Conagra, Nike
– Friday – Carmax
ODD BLOCK
– Tesla put summary
– Call love in (PG)
– Call love in (EXEL)
– Put love in (GNW)
MAIL BLOCK
#Options #QOTW – Which upcoming #Volatility product are you most excited about trading in 2019? Or are you content to stay with the original despite lingering issues?
– #SPIKES
– #Realday/ #RealVol
– #Voldex/ #Skewdex
– I?ll stick with $VIX
Comment from StockCats – 6 trading days left in the year?
Comment from TinSoldier – RE: Disney – Stock buybacks are not happening, but you have to be blind not to see future growth in every business segment(media, parks, studio)
Comment from Danny_Desert – RE: Disney – I can give a couple trillion why it won?t.
Comment from Koopus – Recent market jolts is when fake & bloated stocks like TSLA will race to the bottom!
Comment from PaulDrew2006 – Uncle Mike?s comment that this is a market for crazy people – Not really, smart people will be buying a sale
Comment from Scott Somer: 10,000 Jan 18th $XLF 22 puts have traded?.$SPY STILL has 5 dollar expected move in Dec 21 cycle.