TRADING BLOCK
Market up and Vol up again too.
VIX – 15.5, VVIX – 82.5
Most active indices: VIX – 157k, SPY – 840k, SPX: 519k
Earnings:
Tuesday – FedEx, Lennar
Wednesday – General Mills, KB Home, Paychex, Rite Aid
Thursday – Nike, Walgreens Boots Alliance
Friday – Constellation Brands
ODD BLOCK
Covered calls in Caesars Entertainment Corporation (CZR) Long-term call love in Mallinckrodt PLC (MNK)
Call love in Laureate Education Inc (LAUR)
STRATEGY BLOCK
Uncle Mike Tosaw discusses box spreads
MAIL BLOCK
#QuestionoftheWeek: Let’s play a guessing game. Which of the following names has the highest 30-day REALIZED volatility? No cheating. What does your gut tell you?
- 38% – $TSLA
- 30% – #BITCOIN
- 28% – #WTI #CRUDE OIL
- 4% – $QQQ
AROUND THE BLOCK
This Week in the Market:
Jun 25 – New Home Sales, Consumer Confidence
Jun 26 – Durable Goods, International Trade
Jun 27 – Jobless Claims, GDP
Jun 28 – Personal Income, Consumer Sentiment