Option Block 572: Post-Election Market Madness

Trading Block: Volume in non-U.S. trading hours sets a new daily record. Pharma pop on Hillary loss. Earnings After the Bell: DIS - $95.72, ATM Straddle = $2.70, approx. 3% NVDA - $68, ATM Straddle = $5.40, approx. 8% JWN - $57.10, ATM Straddle = $4.85, approx. 8.5% Odd Block: Calls roll in YRC Worldwide Inc (YRC), calls trade in Huntington Bankshares Inc. (HBAN) and calls trade in Financial Select SPDR (XLF) Strategy Block: Uncle Mike Tosaw discusses what to do when you get called away from a covered call. Mail Block/Options #QuestionOfTheWeek: $SPX Weds Weekly straddle says 2% move through election. How much will SPX / $SPY move through Weds 11/9? Over 3% - crazy move Between 2-3% - big move Between 1-2% - mild move Less than 1% - meh Comment: Comment from Bongsong2: Trump win makes America great again. Around the Block: Checking back on the earnings straddles from the top of the show. Who will be in the Trump cabinet? Funky sector rotation. Will tech buyers show up?