Option Block 517: Mega Earnings Spectacular: GOOG, MSFT, SBUX and More

Trading Block: Earnings! Thursday - (Before the Bell): General Motors Company, Southwest Airlines, Under Armour, Verizon Communications; (After the Bell): Microsoft, Alphabet Inc., E*Trade Financial Company, Starbucks Corporation, Visa Inc. MSFT - $56, ATM Straddle $2.37 - approx. 4.2% GOOG - $756.40, ATM Straddle $41.50 - approx. 5.5% SBUX - $60.77, ATM Straddle $2.25 - approx. 3.7% Odd Block: Call spread buyers in Marathon Petroleum Corp (MRO), call buying in Tronox Ltd (TROX), and paper buying in Kilroy Realty Corp (KRC) Mail Block: Listener questions and comments Question from Nick C.: Heard any chatter about CME or CBOE leaving Chicago? Question from Bob: Is the options market the most transparent financial marketplace? Question from Willy: What does the Option Block crew think of the TOS platform? Do you like it for pricing volatility and analyzing the Greeks? Around the Block: Earnings on Friday - American Airlines, Caterpillar, General Electric Company, Honeywell International, Kimberly-Clark Corporation, McDonald's Corporation. This Week in the Market: Monday - National Association of Home Builders' Housing Market Index Tuesday - Commerce Department releases new figures Wednesday - National Association of Realtors existing home sales data Thursday - Weekly jobless claims from the Labor Department