Option Block 536: Hershey Insiders and VIX Iron Condors

Trading Block: Earnings today before the bell: ConAgra. U.S. lawmakers seek more money, authority for derivatives regulators. CFTC charges ex-Chicago Board Options Exchange director with fraud. Options Question of the Week Twitter Poll: Where will $VIX close on Friday in this first trading week post-#Brexit? #QOTW 6%: Above 25 13%: 22-24.99 22%: 19-21.99 59%: Below 19 Odd Block: Calls go up in Hershey Co. (HSY), call buyers in Mondelez International Inc. (MDLZ), and put spread buyers in Encana Corp (ECA) Mail Block: Listener questions and comments Comment from Frank: @OpenOutcrier He must have ripped off somebody really important then... Comment from BruceX555: Some nimble-footed traders have made a lot on Brexit, and I reckon plenty have lost plenty. Question from Robert K.: ‏Hi, on a debit spread is the most you could lose is your credit? Question from Tor: Hello, I am (restarting) my options trading on a shoestring; any thoughts on mini-options? Thanks. Around the Block: Vol coming in due to holiday weekend. Non-farms next week. Will there be a selloff due to quarter end? Will bonds come down at all? Mike is married....in gold.