Some really odd trades in the odd block today.
Download Optiopn Block 546: VRX and Buffett’s Weapons of Mass Destruction
Trading Block: Earnings today include (before): Dean Foods, Sotheby?s, Tyson Foods; (after) Hertz Global Holdings, Rackspace, WebMD Health Corp. Options bears descend on Valeant ahead of earnings. Traders are betting shares are due for even more pain. Nonfarm payroll brightens the U.S. economic outlook.
Odd Block: Puts trade in Tupperware Brands Corp. (TUP), puts trade in SM Energy Co. (SM), calls trade in Targa Resources Corp. (TRGP)
Strategy Block: Uncle Mike Tosaw discusses money management
Around the Block: Earnings highlights for the week.
- Tuesday: Coach, Exelon Corporation, Tribune Media Company, Valeant Pharmaceuticals, Walt Disney Company, Yelp
- Wednesday: Michael Kors Holdings, JD.com, Ralph Lauren, Shake Shack, The Wendy Company
- Thursday: Alibaba Group Holding Ltd, Kohls Corporation, Macys Inc., Nordstrom Inc.
- Friday: JC Penney Company