Option Bbock 520: Imagine an Apple Tesla Mashup

Trading Block: What is going on in the market? Options #QuestionOfTheWeek: Earnings Straddles - $AAPL(4.5%), $FB(7%) & $AMZN(8%). Which will be the most accurate? 45% Facebook - Close $108.89 (Straddle. $7.62) - Open $119.57: Difference. $10.68 / 9.8% - Missed by 40% 29% Amazon - Close $602 (Straddle. $48.16), Open $666 - Difference. $64 / 10.6% - Missed by 33% - WINNER!! 24% Apple - Close $104.35 (Straddle.$4.70), Open $96 - Difference. $8.35 / 8% - Missed by 77% 02% Other Earnings Straddle Battle: TSLA - $241.75, Approx. 8.3% BABA - $4.70, Approx. 6% Odd Block: Call buyer in Direxion Daily S&P 500 Bear 3x Shares, call buyers in Weatherford International PLC (WFT), and put buyers in Cabela's Inc (CAB). Strategy Block: Uncle Mike Tosaw discusses selling a put to get into a stock Around the Block: Earnings! Tuesday - CVS Health, Pfizer, Etsy, Avis Rental Car, Hyatt Hotels, GrubHub, Spring Corporation, Starwood Hotels Wednesday - Tesla, Whole Foods, Merck & Company, Priceline Group, Zynga, Anheuser-Busch InBev, Kraft Heinz, FITBIT Thursday - Alibaba, Occidental Petroleum, Chesapeake Energy, Friday - Cigna Corporation On the economic calendar this week are the ISM manufacturing index, international trade data and jobless claims on Thursday. Lastly, the week ends with the all-important monthly employment report for April.