• HOST:  MARK LONGO, THE OPTIONS INSIDER MEDIA GROUP
  • CO-HOST: ANDREW GIOVINAZZI, OPTION PIT
  • CO-HOST:  MIKE TOSAW, ST. CHARLES WEALTH MANAGEMENT
  • FIDELITY HOT SEAT:  COLIN SONGER, ACTIVE TRADER STRATEGY DESK –  FIDELITY 

TRADING BLOCK

  • Trade war premium is back
  • Most active indices – VIX: 564k, SPY: 2.16M, SPX: 825k
  • Most active equity options – AAPL, INTC, DIS, AMD, ROKU, FB, BABA, BAC, TSLA, AMZN
  • Uber IPO pricing at the middle of its range.
  • Earnings Highlights
  • Friday: JD.com (JD), Marriott International (MAR), Tribune Media (TRCO), Viacom (VIAB) before market open
  • Uber IPO on Friday, May 10

 


ODD BLOCK

  • Lits puts in Apple Inc (AAPL) – from 3-21
  • Put love in Barclays PLC (BCS)
  • Put love in Nordstrom, Inc. (JWN)

MAIL BLOCK

#Options #QOTW – Looks like the #TradeWar premium is back in effect. $VIX is back over 22. Our question this week is will this premium last? Quite simply – where will $VIX close NEXT Friday 5/17?

Here: 21-23

Higher: >23

Lower: 19-21

Still Lower: <19

Question from KO – You guys buying this $VIX pop here?

Question from Tela – Question for Fidelity Hot Seat host – does Fidelity offer zero commissions when closing out short option trades below $.10?



AROUND THE BLOCK

This week in the market:

  • May 9: Jobless Claims, International Trade, PPI
  • May 10: CPI, Treasury Budget